Niagara Falls Seniors Buildings

Seniors buildings in Niagara Falls are rental-only housing options for older adults, typically age 55 or older. Monthly rent depends on the location, unit size, and whether the property is market rent or part of a subsidized or affordable housing program. Some senior buildings operate on a co-operative model, while others are managed by private landlords or local housing authorities. These buildings generally do not include care services or meals, and residents are responsible for arranging any personal support, if needed.

Rents vary based on whether the building is privately owned, municipally managed, or co-operative. Subsidized housing often uses a rent-geared-to-income (RGI) model, while market rent buildings charge based on local housing rates. Most units fall under Ontario’s Residential Tenancies Act, which outlines rules for rent increases and tenant rights. However, newer buildings or special housing models may be exempt from rent control guidelines.

The Senior Housing Cost Calculator is best suited to comparing your current living expenses to housing options like retirement homes, where services such as meals and housekeeping are often included, though care is billed separately. Since senior buildings are rental-only and do not offer bundled services, the calculator may not be a perfect fit. However, it can still be helpful if you're considering moving from home ownership to a rental and want to understand the financial shift.