Amica Senior Lifestyles

What Amica Senior Lifestyles does

Amica Senior Lifestyles is a Canadian owner-operator of luxury senior living communities, founded in 1993 and headquartered in Toronto (with operational origins in Vancouver). The company operates 38 communities containing more than 4,200 units across Ontario and British Columbia, of which 20-plus residences are operated directly. Its product is a continuum-of-care model spanning Independent Living, Assisted Living, Memory Care, and Respite stays, differentiated by service-tier credentials including Red Seal chefs, 24/7 on-site registered nurses, a variable staffing model calibrated to resident acuity, and Personalized Wellness Plans for each resident.

The business model is fundamentally subscription-based: residents pay recurring monthly fees for housing, dining, and care services, generating predictable cash flows characteristic of senior housing economics. Resident acquisition is driven by community reputation, referral networks, and digital lead-conversion tools (notably TalkFurther chat), with brand reinforcement through consumer recognition such as the 2025 Victoria Consumer Choice Award and brand partnerships such as the Best Buy internet-safety webinar.

In Q1 2026, Amica was acquired by US healthcare REIT Welltower Inc. for approximately C$4.1 billion (US$3.2 billion), having previously been owned by the Ontario Teachers' Pension Plan Board. The transaction required Competition Bureau-mandated divestiture of four properties in Victoria, Vancouver, Brampton, and Ottawa. Post-close, Amica sits within Welltower's senior housing platform, with ongoing investment signaled by the Unionville community expansion and Memory Care capacity additions.

Name

Amica Senior Lifestyles

Legal name

Amica Senior Living Corp

Website

https://amica.ca

Company type

Private

Founded year

1993

Operating status

Acquired

Headcount range

1,001–5,000 employees

Short description

Amica Senior Lifestyles operates 38 luxury senior living communities across Ontario and British Columbia, offering Independent Living, Assisted Living, Memory Care, and Respite services to Canadian older adults under a recurring monthly residency-fee model.

Ownership category

akta.pro rank

Product category

Senior Living / Seniors Housing Services

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312)

SIC

Services-Nursing & Personal Care Facilities (8050), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Luxury/Resort-Style Independent Living Communities (HLADAAAC)

akta.pro secondary industry

Luxury / High-End Assisted Living Communities (HLADABAD)

Keywords

• Luxury senior living
• Assisted living services
• Memory care residences
• Independent living communities
• Seniors care hospitality

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Monthly Rent - Senior Living Residences: Amica generates revenue primarily through monthly rental fees charged to residents across its senior living communities. Pricing is based on suite type, care level required, and location. Residents pay monthly rent that includes accommodation, meals, housekeeping, and varying levels of care services depending on their chosen care package.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Amica Senior Lifestyles operates and manages 20+ premium luxury seniors housing residences across Ontario and British Columbia, delivering a full continuum of care (Independent Living, Assisted Living/Long-term Care, Memory Care, and Respite/Short Stay) under one roof. Residents pay monthly rent for accommodation, chef-prepared meals, housekeeping, programming, and varying levels of personal and nursing care, with a 24/7 registered nurse on duty at every residence and a variable staffing model that flexes to actual resident care needs.

Product overview

Amica Senior Lifestyles operates a portfolio of 20+ premium luxury senior living residences across British Columbia and Ontario, Canada. The company offers a continuum of care under one roof comprising four core service lines: Independent Living (Assisted Living registered in B.C.), Assisted Living (Long-term Care in B.C.), Memory Care, and Respite Care/Short Stay. Individual residences such as Amica White Rock, Amica Unionville, and Amica Peel Village serve as the primary living environment where residents receive personalized care, exceptional culinary experiences prepared by Red Seal-certified chefs, and engaging social programming. The company differentiates through premium amenities (swimming pools, theatres, spas, fitness centres), 24/7 registered nurse availability, and specialized Memory Care programs. Supporting services include virtual webinars for seniors covering health and wellness topics, and downloadable tools and resources for families navigating senior living decisions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Amica Unionville doubled its Memory Care capacity as part of its expansion, with new dedicated memory care floor featuring enhanced amenities including fireside lounge, residential-style dining room, serenity room, and secure outdoor terrace.

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

One partnership is on record.

• Best BuyminorGTM or Marketing PartnerBest Buy is listed as Amica's official technology partner in the context of an internet safety webinar for seniors. Amica partnered with Best Buy to present an expert-led seminar called 'Safe surfing: how to enjoy the internet while staying safe.' This partnership supports Amica's digital literacy and technology education initiatives for senior residents.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Revera Inc. One of Canada's largest owners, operators, and developers of seniors' housing, with retirement residences and long-term care homes across multiple provinces. Directly comparable to Amica in scope and Canadian footprint, though broader in price tiers and care types.
• Chartwell Retirement Residences: Canada's largest publicly listed operator of retirement residences, serving a comparable continuum-of-care resident profile across Ontario, BC, and other provinces. Most direct public-market comparable to Amica by service mix and geography.
• Sienna Senior Living: Canadian operator of retirement residences and long-term care communities. Overlaps with Amica in seniors housing and long-term care delivery across Ontario and Western Canada.
• Extendicare: Canadian provider of long-term care and retirement living, with a mix of owned and managed residences. Comparable to Amica's care-delivery model though more weighted to long-term care than luxury independent living.
• Verve Senior Living: Canadian operator of premium retirement residences in Ontario, offering independent living, assisted living, and memory care in a luxury setting — directly comparable to Amica's upscale positioning.
• Sunrise Senior Living: U.S.-based premium senior living operator with a comparable luxury hospitality-driven continuum-of-care model. Strong international comparable for Amica's premium positioning and service standards.
• Atria Senior Living: U.S. operator of luxury and upscale senior living communities with independent living, assisted living, and memory care. Closely comparable to Amica's premium, hospitality-led model.

Regional players

• Cogir Real Estate (Cogir Senior Living): Quebec-headquartered retirement residence operator with growing presence in other provinces. Comparable to Amica in operating model, but primarily serves Quebec rather than Ontario/BC.

Broad incumbents

• Welltower Inc. U.S. healthcare REIT and now Amica's parent. Senior housing operating platform across the U.S., U.K., and Canada; sets the strategic and capital backdrop for Amica.
• Brookdale Senior Living: Largest U.S. senior living operator across independent living, assisted living, and memory care. Comparable in continuum-of-care model and unit count, with broader geographic reach than Amica.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCXyqMibqd9ppUjdR_OzH2AQ/featured
• Facebookfacebook.com/amicamaturelifestyles
• LinkedInlinkedin.com/company/721227
• Instagraminstagram.com/amicaseniorlifestyles
• Pinterestpinterest.ca/AmicaSeniorLifestyles/_created
• Xx.com/amicalifestyles

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amica Senior Lifestyles