Rethinking Retirement? Why More People are Choosing Condo Living – Together

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Published July 09, 2025

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There comes a point in life when the idea of “more” begins to shift. More isn’t about square footage or backyard maintenance anymore—it becomes about more freedom, more connection, more ease. Yes… Harry would like that right now but I on the other hand am still passionately in love with my home. But the day will inevitably come when we look at moving.

In our work as Ottawa realtors, we’ve been hearing the same themes from clients who HAVE reached that time and are looking to downsize or retire:

  • “I don’t want to move into a retirement home.”

  • “I want to be close to my friends, but not live with them.”

  • “I want something manageable, with a community I can count on.”

If that sounds familiar, you’re not alone—and you have more choices than you might think.

A Lifestyle Upgrade, Not a Step Down

Let’s retire the word “downsizing” and replace it with “right-sizing”.  A great spot to consider, as an example, is 320 Jatoba Private, a peaceful, well-maintained condo building in Ottawa’s west end. This is a great example of “right-sizing”. 

Imagine:

  • Underground parking (goodbye snow scrapers)

  • Elevator access (no more stairs when your knees vote no)

  • Turn-key living (lock and go!)

  • A vibrant, respectful community of people in a similar life stage

  • AND the ability to downsize financially too!!

More casual entertaining nights, less yard work. That’s the real retirement upgrade.

Buying Close to Friends—Without Living With Them

An increasingly popular trend we’re seeing? People buying in the same condo building as their close friends. The Ottawa Citizen recently had a feature article focusing on this new trend, with both rental apartments as well as condo units/apartments, with stories of the supportive community settings that have developed.

It’s the perfect setup: morning walks together, shared dinners, a little help when needed—but with the privacy and independence of your own home. Residents at 320 Jatoba Private have created this kind of organic, supportive network, and it’s beautiful to watch.

Co-Owning Property: Yes, It’s Happening More Often

Some buyers are even going one step further—buying property together with friends, siblings, or chosen family. It’s a creative, empowering way to age with support and community.

If you’re considering co-ownership, it can work really well—with the right planning: 

Legal Agreements

Work with a real estate lawyer to create a clear co-ownership agreement covering what happens if one party sells, passes away, or wants out.

Financial Clarity

Talk budgets, income, and who’s paying what. Avoid surprises.

Privacy & Space

Make sure everyone has their own space—even in shared homes or adjoining condos.

Communication

Respect and honesty go a long way in making it work.

Want tips or referrals for real estate lawyers and co-ownership planning? Reach out to us. We’ve helped others navigate this successfully.

Why 320 Jatoba Private Is the Sweet Spot

Whether you’re buying solo, near your circle, or with a close friend, 320 Jatoba Private ticks all the right boxes for anyone thinking about downsizing in Ottawa:

  • Quiet west-end location

  • Strong sense of community

  • Thoughtfully designed, newer, low-maintenance units

  • Priced under $500,000 K

And perhaps most importantly: a chance to stay independent without the hefty monthly fees of retirement communities.

Thinking About Your Next Chapter?

There’s no one-size-fits-all plan for retirement (thank goodness). But if you’re dreaming about a simpler lifestyle—without compromising connection, comfort, or control—let’s explore what’s out there.

Let’s talk—no pressure, just a conversation.


Contact us to learn more about listings like 320 Jatoba Private or other condos ideal for retirees in Ottawa.

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