Spring Living Retirement Communities

Name

Spring Living Retirement Communities

Legal name

Spring Living Retirement Communities

Website

https://springliving.ca

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Senior Living Services

NAICS

Continuing Care Retirement Communities (623311), Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Market-Rate Independent Living (Private Pay) Communities (HLADAAAA)

akta.pro secondary industries

Luxury / High-End Assisted Living Communities (HLADABAD), Active Adult (55+) Independent Living Communities (HLADAAAD), Dementia & Alzheimer’s Respite Care (HSABAGAF)

Keywords

• Senior living communities
• Retirement residences
• Assisted living services
• Memory care facilities
• Independent senior apartments

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Monthly Resident Fees: Spring Living generates recurring monthly revenue from residents in their retirement communities. Monthly rates include in-suite accommodation, nutritious meals and snacks, amenity and outdoor space access, weekly housekeeping, and 24/7 access to team members. Additional personalized wellness services are billed based on individual care needs.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Spring Living Retirement Communities owns and operates 23-28 boutique-sized retirement residences across Ontario and Quebec, providing a continuum of senior living services that includes Independent Living (seniors' apartments with full kitchens), Assisted Living (24/7 personalized care for daily routines), Memory Care (secure Alzheimer's and dementia care), and Short-term Respite Stays. Residents pay monthly subscription fees covering accommodation, meals, housekeeping, and care services, with personalized wellness services billed based on individual care needs.

Product overview

Spring Living Retirement Communities operates as a portfolio of 28+ senior living communities across Ontario and Quebec. The company provides a continuum of care through four main service lines: Independent Living (senior apartments with full kitchens and community amenities), Assisted Living (personalized 24/7 care support for daily routines), Memory Care (specialized secure care for Alzheimer's and dementia), and Short-term Respite Stays. The communities include named properties such as Villagia in The Glebe, The Redwoods, Cedarcroft Place, Robertson House, Ogilvie Villa, Brookside Court, Westwood, Hilltop Place, Constitution Place, Grace Hill, Heritage Orleans, Queenswood Villa, Kanata Ridge, Maple Ridge, Fergus Place, Victoria Place, Park Avenue Manor, Lord Dufferin, Lookout Ridge, Portal Village, Village Manor, Château Dollard, Héritage Plateau, L'Alto, Les Habitations Pelletier, Villa Domaine, Villagia de l'île Paton, and Auberge de la Rivière Joliette. Spring Living is the retirement community platform of Baz Group and is expanding through acquisitions of mid-market retirement residences across Canada.

Differentiator

Problem solved

Functional benefit

Brands

• Horizon Résidences pour Aînés: Quebec-based retirement residences operated under the Spring Living platform, led by President Abraham Wellman

Products and services

• Independent Living Senior apartment living providing privacy and community with full kitchens, allowing residents independence while having access to support services.
• Assisted Living Personalized care services including help with bathing, dressing, medication reminders, and meal preparation provided by 24/7 professional team members.
• Memory Care Secure, nurturing care for seniors with Alzheimer's or dementia, featuring personalized approaches, experienced staff, and engaging cognitive activities in a calming setting.
• Short-term Respite Stays Temporary stays for recovery, caregiver relief, or trial periods, offering recreational programs, home-cooked meals, and a secure environment.
• Villagia in The Glebe Downtown Ottawa retirement community offering seniors' apartments, assisted living, independent living, and memory care services located at 480 Metcalfe Street, Ottawa.
• The Redwoods Ottawa retirement home offering seniors' apartments, independent living, and assisted living services at 2604 Draper Avenue, Ottawa.
• Brookside Court Richmond Hill assisted living retirement home providing personalized care services at 980 Elgin Mills Rd E, Richmond Hill, ON.
• Robertson House Nepean retirement home offering assisted living, memory care, independent living, and short-term stays at 1 Mill Hill Rd, Nepean, ON.
• Ogilvie Villa Bungalow-style retirement home in Gloucester/Ottawa offering independent and assisted living in a single-level cottage-like setting at 1345 Ogilvie Rd, Gloucester, ON.
• Cedarcroft Place Oshawa retirement community offering assisted living, memory support, independent living, and short-term respite stays at 649 King St E, Oshawa, ON.
• Hilltop Place Richmond Hill independent living retirement home located at 1000 Elgin Mills Rd E, Richmond Hill, ON.
• Constitution Place Mississauga retirement community at 3051 Constitution Blvd, Mississauga, ON.
• Westwood Ottawa West retirement community offering independent living, assisted living, and memory care at 2374 Carling Avenue, Ottawa, ON.
• Grace Hill Orleans retirement community with gardens and balconies at 1510 St Joseph Blvd, Orleans, ON.
• Heritage Orleans Accessible retirement community in Orleans at 6419 Lumberman Way, Orleans, ON.
• Queenswood Villa Orléans retirement community at 370 Kennedy Ln E, Orléans, ON.
• Kanata Ridge Kanata retirement community at 27 Weaver Crescent, Kanata, ON.
• Maple Ridge Carleton Place retirement home at 6 Arthur St, Carleton Place, ON.
• Fergus Place Kitchener retirement home at 164 Fergus Ave, Kitchener, ON.
• Victoria Place Kitchener retirement community at 290 Queen St S, Kitchener, ON.
• Park Avenue Manor Burlington retirement community at 924 Park Ave W, Burlington, ON.
• Lord Dufferin Orangeville retirement community at 32 First Street, Orangeville, ON.
• Lookout Ridge Fonthill retirement community offering independent, assisted living and memory care at 1505 Lookout Street, Fonthill, ON.
• Portal Village Port Colborne retirement community offering independent, assisted living and memory care at 300 Elgin Street, Port Colborne, ON.
• Village Manor Waterdown retirement community at 57 John Street West, Waterdown, ON.
• Château Dollard QC retirement residence at 1055 Tecumseh Street, Dollard-des-Ormeaux, QC.
• Héritage Plateau Montreal retirement residence at 310 Rachel Street East, Montreal, QC.
• L'Alto St-Laurent retirement residence at 1700 Saint-Louis Street, St-Laurent, QC.
• Les Habitations Pelletier Montreal-North retirement residence at 11519 Pelletier Avenue, Montreal-North, QC.
• Villa Domaine Bécancour retirement residence at 4890 Av Bouvet, Bécancour, QC.
• Villagia de l'île Paton Laval retirement residence at 25 Promenade des Îles, Laval, QC.
• Auberge de la Rivière Joliette Saint-Charles-Borromée retirement residence at 1, rue Louis-Bazinet, Saint-Charles-Borromée, Québec.

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Signature RentalsminorStrategic or Co-development PartnerSpring Living partners with Signature Rentals to offer flexible furniture rental options for new residents, including adjustable beds. This partnership helps residents settle into their new suites with convenient rental options during transition periods.
• Microsoft AdvertisingminorGTM or Marketing PartnerMicrosoft Advertising partnership captures user behavior data and serves targeted advertisements based on browsing activity and online behavior.

Scale indicators3 records

Recent moves3 records

Expansion highlights5 records

Regional players

• Atria Senior Living: U.S.-focused operator of ~250+ senior living communities across the United States offering independent, assisted, and memory care. While geographically separate from Spring Living, Atria is a directly comparable private-pay operator with similar continuum-of-care model and scale ambitions.
• Sunrise Senior Living: U.S.-headquartered operator of assisted living and memory care communities. While U.S.-focused and not a direct Canadian competitor, Sunrise is a well-recognized comparable for the boutique, hospitality-driven continuum-of-care positioning that Spring Living emphasizes.

Direct peers

• Revera Inc. Major Canadian senior living and long-term care operator (private, owned by PSP Investments) with retirement, assisted living, and memory care residences across multiple provinces. CFO Owen Cartwright was a strategic advisor to Revera's CEO; competes directly with Spring Living for residents and staff.
• Seasons Retirement Communities: Canadian operator of retirement communities offering independent, assisted, and memory care primarily in Ontario and Alberta. VP Sales Kim Goodman joined Spring Living directly from Seasons in 2025, indicating direct competitive overlap in the Ontario private-pay market.
• Sienna Senior Living: One of Canada's largest senior living operators (TSX: SIA) offering independent living, assisted living, memory care, long-term care, and management services across multiple provinces. Spring Living's CEO Lois Cormack and COO Lisa Kachur are both former Sienna executives, and Spring Living directly competes for the same private-pay retirement residents in Ontario.
• Amica Senior Lifestyles: Canadian private-pay senior living operator offering independent living, assisted living, and memory care, primarily in Ontario and British Columbia. VP of Operations Carey-Anne Echlin and VP Finance Raymond Lee came from Amica; competes for the same private-pay retirement demographic.
• Element Lifestyle Retirement: Vancouver-based operator of independent living, assisted living, and memory care communities in British Columbia and Ontario. COO Lisa Kachur previously held a senior role at Element, and the company competes in the same private-pay retirement segment in Western Canada.
• Levante Living: Canadian senior living operator with a portfolio of retirement communities across Ontario and other provinces. Director of Operations Carey-Anne Echlin led acquisition and integration of 17 Levante communities prior to joining Spring Living, indicating direct competitive overlap.

Broad incumbents

• Chartwell Retirement Residences: Canada's largest senior living operator (TSX: CSH) with ~200+ residences across four provinces. Several Spring Living VPs (Sales, Resident Services, Sales & Marketing) joined from Chartwell, and it is the dominant private-pay retirement competitor in the same Ontario and Quebec markets.
• Extendicare: TSX-listed operator of long-term care homes and retirement residences across Canada. While more weighted to long-term care, Extendicare's retirement living segment overlaps with Spring Living's assisted living and memory care offerings in Ontario.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/springliving.ca
• LinkedInlinkedin.com/company/spring-living-retirement-communities
• Instagraminstagram.com/springliving.ca

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

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 Spring Living Retirement Communities