Canada’s growing seniors population has resulted in the rapid expansion of facilities to meet their needs. This emerging market has, in turn, created a major investment opportunity for institutions, developers, and operators of all sizes. While a number of major chains are emerging on a provincial, national and even international level, the majority of seniors’ facilities in Ontario are still individually owned and operated.
At CCIC, we have extensive experience in this complex and rapidly changing market segment. On behalf of both buyers and sellers, we have analyzed numerous seniors’ housing properties throughout Ontario and have successfully completed over 10 transactions in this sector. Most notably, we were directly involved and responsible to both the Buyer and Seller, in the purchase and sale of Ontario’s largest single retirement residence – a 237-unit facility which sold for $70.5 million.