Author: SeniorsHub

  • Why should you enrol in Muslim Seniors Residence program NOW?

    The reason is simple ‘First come first served.’ Some of our group members have already started expressing their interest in certain types and sizes of the unit that they would be interested in, once the project is launched. To be fair to everyone we need to have a policy based on fairness and transparency. All…

  • Impact of US Tarrifs on Real Estate market

    1. It is anticipated that Buyers/Investors will likely hold back, further dampening the demand, which will inevitably result in downward pressure on prices. 2. Condo prices will have further downward pressure due to oversupply in the market. It is anticipated that more than 40,000 new condos will hit the market this year in 2025, resulting…

  • Condo Market Meltdown

    The Toronto condo market is experiencing a significant downturn. Condo prices have been declining for five consecutive months, with a whopping 2% drop in September 2024 alone, bringing the benchmark price down to $654,300. This decline is part of a larger double-dip correction, with prices 7.2% lower than they were a year ago. Sales have…

  • Effects of Loneliness in old age!

    Loneliness in old age can have significant and wide-ranging effects on both physical and mental health. Here are some of the key impacts: 1. Mental Health Issues – Depression and Anxiety: Loneliness is strongly associated with an increased risk of depression and anxiety. The lack of social interaction can lead to feelings of sadness, hopelessness,…

  • Community or Housing, what comes first?

    The question of whether ‘community’ or ‘housing’ comes first depends on the context and goals of the project. However, for a project like the ‘Muslim Seniors Home, ‘community’ often comes first, as it lays the foundation for the housing initiative. Here’s why: — Why Community Comes First? 1. Identifying Needs: We are currently engaging with…

  • Concept Development to Program Implementation

    For over a years we have been engaged in developing a community of likeminded Canadian Muslim Seniors, most of whom are empty-nesters. Our objective is to provide a practical solution for their retirement years to live in comfort and company.  So far it has largely been the ‘concept development’ phase. Currently there is no example…

  • Idealism Vs Pragmatism

    Some members of our group have suggested establishing a comprehensive retirement home facility for Muslim seniors, as designated under the Retirement Homes Act of the Government of Ontario, 2010. While this is a noble thought, it comes with its own challenges. The reality is that establishing such a facility for Muslim seniors in the GTA…