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cated unit designed to b situated behind c adjacent to exis ing homes 0 family member or friends. Garden suites â€" also referred to as granny flats, doddy houses and elder cottages â€" are another emerging housing option for seniors. Although rare in Canada, these little dwellings _ are popular in are self tained, preâ€" pay a sizable entrance fee, along with monthly charges. The Oakville Beaver Real Estate News Lifeâ€"care comâ€" munities can be larger still (between 100 and 500 _ selfâ€"conâ€" tained _ units). They â€" provide seniors with indeâ€" pendent lifestyles but offer increasâ€" ing levels of serâ€" vice and care as needed. To live in these communiâ€" ties, residents usually have to Australia Retirement vilâ€" lages are generalâ€" ly larger than sheltered retireâ€" ment _ housing systems (from approximately 100 to 200 indiâ€" vidual units) but provide similar services. They are common in Australia. (Con‘t RE 26) from appreciation in the value of the unit. If a resident moves or dies, the interestâ€"free loan is returned to them or their estate. OTHER RETIREMENT COMMUNIâ€" TIES Garden suites just one option Although these OTHER OPTIONS d units in Thev abri on < ~AVEWFROMTHE WESTRDCE ... Garden suites provide a viable option for seniors who require smaller, easyâ€"care dwellings, but wish to maintain their indepenâ€" dence. Seniors may want to conâ€" sider having one of these units located on their own property, units are comâ€" pact, they contain virtually all of the features of a regâ€" ular home. | Nestled in the Olde Oakville Harbour. A new lifestyle awaits you in the Westridge Townhouses. Set on the Historic West Bank of the Harbour. LTW be y t t L CHRISTOPHER G. INVIDIATA 7 custom townhouses. W/M PX c/oatzune THE NATURAL PLACTE To BI 2 sold at preâ€"construction prices For prvate viewing of our plans & elelevations call a granny flat erected on the property of a son or daughter. Granny flats are unique because they can afford a great deal of privacy, while still providâ€" ing family comâ€" panionship and and have a family member â€" move into their former home. Retirees may also opt to sell their existing property and have FALL OCCUPANCY 338â€"90000 If you are interested in exploring this concept, keep in mind that many lots will be too small to accomâ€" modate another building, _ and municipal bylaws in your area may not allow these units to be situatâ€" ed on existing lots. Accessory housing and biâ€" family units are assistance wiarye®.. â€" may even want to have one installed in their existing homes to generâ€" ate rental income. Families _ may want to install such a unit to house an elderly other options that combine individâ€" ual units with regular family h o cmâ€"se s . Accessory apartâ€" ments can be installed in new or old homes. Some â€" seniors accessory apartâ€" ments, biâ€"family units are built as two attached dwellings â€" one for a regularâ€" sized family, and a smaller, adjoinâ€" ing one for a senior _ family er, that these types of converâ€" sions are prohibâ€" ited in many municipalities. Similar to family member. It is important to realize, howevâ€" Both units have their own, separate street addresses, but offer the same benefits as a granny flat. This concept is new to Canada, but could â€" become available in the future. The emerâ€" gence of these various housing options will make it member friend. easier for OT This article is provided by local realtors and the Ontario Real Estate Association (OREA) for the benetfit of real estate market consumers. Canadians to plan more effectively for their retireâ€" ment, knowing that they won‘t have to make huge sacrifices to be comfortable and secure. t m D