#012 RSIRE Aging In Place

#012 RSIRE Aging In Place

Deborah Schroeder and her mom lived in 2 different cities - Deborah downtown Toronto, and her mom in Ottawa. Her mom wanted to downsize, but didn’t necessarily live alone and wasn’t sure if she wanted to see her house. Deborah loved her condo, but wasn’t sure she’d be able to keep it.

They decided to move in together, but in Whitby, so that Deborah could continue to work in Toronto. They looked at a few places, and Deborah is happy they didn’t buy the first few, but they kept looking until they found the house that would suit both of them. Now her mom can age in place with family.

Deborah asked if she needed to sell the condo and didn’t, so now she has a tenant who is ‘paying the mortgage’ down, which provides a little income as well as building the equity in the condo FOR her!

What did she learn? Would she do it the same way again? What advice does Deborah have for others considering the process?

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