Saanich: Vancouver Island's best bet for seniors and millennials alike

Slightly cheaper housing than mainland Vancouver with health care and education draws make the region desirable for both an aging population and young adults

By
Western Investor
January 12, 2018





sidney

 

The most-populous Vancouver Island region of Saanich – north of B.C. capital Victoria – offers cheaper housing than central Victoria and Vancouver alike, drawing in young adults and seniors alike. The town of Sidney on the coast of the Saanich Peninsula has the highest senior population of any other Greater Victoria area, thanks to relocation from mainland Vancouver and proximity to the island’s biggest hospitals, Victoria General and Royal Jubilee. Approximately 37 per cent of Sidney’s population is 65 and over according to Census data. The University of Victoria and Camosun campuses are also located in Saanich, drawing in young adults and driving down the district’s rental vacancy rate to a scant 0.4 per cent. Industrial and retail projects are leading commercial development in the Sidney/North Saanich and Central Saanich areas, including the $35-million Sidney Crossing retail development and active leasing of the Sean Heights Business Park. 

 

 

Tanya is Western Investor's web content and social media coordinator. She first joined the Western Investor team as a editorial assistant in 2016, after a summer spent freelancing at Glacier Media papers The Burnaby Now and New West Record. She is a graduate of Langara College's journalism program.
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