Sienna Senior Living Inc.

What Sienna Senior Living Inc. does

Sienna Senior Living Inc. is a Canadian publicly traded senior living operator (TSX: SIA) headquartered in Markham, Ontario, that owns, operates, and manages senior living residences across Canada. As of December 31, 2025, the company operated 93 owned and operated residences plus 12 additional residences managed for third parties, totaling 105 residences across four provinces — Ontario, Saskatchewan, Alberta, and British Columbia — with an Adjusted Gross Book Value of $3.4 billion and 99.4 million common shares outstanding. The company runs a full continuum of care spanning Long-Term Care and Continuing Care, Retirement Living, Independent Living, Independent Supportive Living, Assisted Living, and Memory Care, with the Aspiralife sub-brand positioned as the premium retirement offering and a Sienna for Seniors Foundation philanthropic arm supporting seniors beyond the residential portfolio.

The core operating model is a recurring-revenue B2C platform: residents and families pay monthly fees for housing, care, and ancillary services, supplemented by government funding for long-term care beds. Distribution is direct-to-consumer through an owned website with a community locator, tour-request functionality, family resources, and email/social channels (YouTube, LinkedIn), supported by a dedicated careers portal for PSW, nursing, culinary, and administrative recruitment. Industry accreditations (CARF) and affiliations with provincial care associations (ORCA, OLTCA, CALTC, BCCPA, BCSLA) and major Canadian financial partners (BMO, CIBC, RBC, TD, Scotia, National Bank, Desjardins, Raymond James, Canaccord, Cormark) anchor the company's institutional and regulatory positioning. The underlying technology is described as a senior living care and residence management platform, with no proprietary AI/ML, patents, or third-party AI integrations disclosed in the input data; the company's competitive identity is built on physical-care delivery rather than software differentiation.

Name

Sienna Senior Living Inc.

Legal name

Sienna Senior Living Inc.

Website

https://www.siennaliving.ca/

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sienna Senior Living Inc. is a Canadian publicly traded senior living operator (TSX: SIA) that owns, operates, and manages 105 residences across Ontario, Saskatchewan, Alberta, and British Columbia, offering a full continuum of care from independent living through long-term care to Canada's aging population.

Ownership category

akta.pro rank

Product category

Senior Living & Long-Term Care Services

NAICS

Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Nursing and Residential Care Facilities (623), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

akta.pro secondary industries

Senior & Assisted Living Residential Property Management (BPAJAFAE), Elder Services & Aging Support (BPAGAEAF)

Keywords

• Senior living services
• Long-term care
• Retirement residences
• Assisted living
• Memory care

Headquarters

HQ city

Markham

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Resident Care Services: Sienna generates revenue through monthly fees charged to residents for senior living services including independent living, supportive living, assisted living, memory care, and long-term care services. The company operates both owned residences and manages additional properties for third parties.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Sienna Senior Living owns, operates, and manages senior living residences across Canada, providing a full continuum of care including Long-Term Care & Continuing Care, Retirement Living, Independent Living, Independent Supportive Living, Assisted Living, and specialized Memory Care services. As of December 31, 2025, the company operates 93 owned-and-operated residences and manages an additional 12 residences on behalf of third parties across Ontario, British Columbia, Saskatchewan, and Alberta, with its premium retirement offerings delivered under the Aspira (Aspiralife) sub-brand. Revenue is generated primarily through recurring monthly resident fees.

Product overview

Sienna Senior Living operates a diversified portfolio of senior living residences across Canada, offering a full continuum of care from independent living through long-term care. The company's core offerings include Long-Term Care & Continuing Care Communities and Retirement Living, with the Aspiralife brand providing premium retirement options including Independent Living, Independent Supportive Living, Assisted Living, and specialized Memory Care programs. As of December 31, 2025, Sienna owned and operated 93 senior living residences and managed an additional 12 residences on behalf of third parties, spanning Ontario, British Columbia, Saskatchewan, and Alberta.

Differentiator

Problem solved

Functional benefit

Brands

• Aspira: Retirement brand offering Independent Living, Independent Supportive Living, Assisted Living, and Memory Care services.

Products and services

• Long-Term Care & Continuing Care 24/7 nursing care, personal support, and medical services for seniors who require ongoing assistance, delivered through communities in Ontario, Alberta, and British Columbia.
• Retirement Living Independent living residences for seniors who wish to maintain independence while enjoying community amenities and premium care services when needed.
• Independent Living Self-sufficient living options for active seniors in private suites with access to community amenities and minimal assistance.
• Independent Supportive Living Living arrangements combining independence with available support services for seniors who need some assistance with daily activities.
• Assisted Living Personalized care services helping seniors with daily activities such as bathing, dressing, medication management, and mobility.
• Memory Care Specialized programs and secure environments for seniors living with dementia, Alzheimer's disease, and other memory-related conditions.
• Aspira Retirement Brand (Aspiralife) Premium retirement living sub-brand offering Independent Living, Independent Supportive Living, Assisted Living, and Memory Care services under the Aspiralife name.
• Third-Party Senior Living Property Management Management of senior living residences on behalf of third-party property owners, covering 12 communities in addition to Sienna's owned-and-operated portfolio.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor.

• CARF (Commission on Accreditation of Rehabilitation Facilities)minorOthersSienna Senior Living is accredited by CARF, an international accreditation organization for rehabilitation and senior living services.
• ORCA (Ontario Retirement Communities Association)minorOthersSienna Senior Living is affiliated with and accredited by ORCA, the Ontario Retirement Communities Association.
• CALTC (Canadian Association of Long Term Care)minorOthersSienna Senior Living is affiliated with CALTC, the Canadian Association of Long Term Care.
• OLTCA (Ontario Long Term Care Association)minorOthersSienna Senior Living is affiliated with OLTCA, the Ontario Long Term Care Association.
• BCCPA (BC Care Providers Association)minorOthersSienna Senior Living is affiliated with BCCPA, the BC Care Providers Association.
• BCSLA (BC Seniors Living Association)minorOthersSienna Senior Living is affiliated with BCSLA, the BC Seniors Living Association.
• Goodmans LLPminorOthersGoodmans LLP serves as Sienna Senior Living's legal counsel.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Bayshore HealthCare: Bayshore is a Canadian home and community health services provider (including senior care and PSW staffing); adjacent to Sienna's senior care operations as a complementary in-home/senior services provider in the Canadian market.

Direct peers

• Extendicare Inc. Extendicare operates a Canadian long-term care and retirement living portfolio comparable to Sienna's, with a similar mix of owned/operated residences and government-funded LTC, making it a direct competitor in the same Canadian provinces.
• Amica Senior Lifestyles: Amica operates premium independent living, assisted living, and memory care residences across Canada, directly competing with Sienna's Aspira brand for higher-end retirement living residents.
• Verve Senior Living: Verve Senior Living operates retirement and assisted living residences across Canada with a focus on premium service offerings, closely comparable to Sienna's Aspira-branded premium retirement portfolio.
• Retirement Concepts: Retirement Concepts operates independent living, assisted living, residential care, and long-term care communities across British Columbia and Alberta — directly overlapping Sienna's western Canadian footprint.
• Revera Inc. Revera is one of Canada's largest private senior living owners and operators, with retirement communities, long-term care, and home health services — a direct private-market peer across Sienna's full continuum-of-care model.
• Chartwell Retirement Residences: Chartwell is Canada's largest publicly traded owner/operator of senior living residences, offering a comparable continuum of independent living, assisted living, and long-term care across multiple provinces — directly overlapping Sienna's Canadian retirement living footprint.
• All Seniors Care Living Centres: All Seniors Care owns and operates retirement and long-term care residences across Canada, competing directly with Sienna in independent living, assisted living, and skilled nursing segments.

Broad incumbents

• Welltower Inc. Welltower is a major healthcare REIT that owns senior housing and post-acute care portfolios, including relationships with operators; comparable to Sienna from a real estate ownership and capital structure perspective.
• Brookdale Senior Living: Brookdale is the largest U.S. operator of senior living communities with independent living, assisted living, and memory care; comparable business model and continuum-of-care structure to Sienna though operating in a different (and larger) market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/SiennaSeniorLivingHome
• LinkedInlinkedin.com/company/333290
• Facebookfacebook.com/siennaliving

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds9 records

Investors

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

M&A3 records

Investments

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

Frequently asked questions about Sienna Senior Living Inc.