Downsizing When Your Adult Child Still Lives at Home in Calgary
Many homeowners want to sell their family home, reduce maintenance, and unlock equity for retirement. But for many families, there’s a complication: An adult child — still living at home because Calgary’s real estate market is simply unaffordable.
This can leave parents feeling stuck:
Selling feels like pushing your child out
Staying feels like delaying your own retirement
The good news? There are practical, compassionate ways to downsize without making your adult child homeless — and many Calgary families are successfully navigating this transition.
Why This Situation Is So Common
Rental prices have increased significantly in recent years
Many adult children cannot qualify for rent or mortgages on a single income
Seniors often feel emotionally responsible for their child’s housing stability
Across Canada, more than 1.5 million adults live with their parents, and this number continues to rise. Downsizing with an adult child at home has become one of the most common — and least talked about — challenges seniors face today.
Option 1: Use Your Home Equity
Best for seniors who want to sell and live independently
If you’ve owned your Calgary home for many years — whether in Lake Bonavista, Silver Springs, Willow Park, Tuscany, or Silverado — it has likely increased in value. Downsizing can free up equity that could help your child move into independent housing.
How this approach works
You sell your home and downsize as planned
You set aside a defined, time-limited amount to help your child with rent or moving costs
Support ends on a precise date (for example, 12–24 months)
Why this works
Your child avoids a sudden housing crisis
You move forward with your retirement plans
Expectations are clear for both sides
This approach supports independence rather than long-term dependence.
Option 2: Downsizing Into a Multigenerational Property in Calgary
Best for families who want independence under one roof
Downsizing does not always mean moving into a one-bedroom condo. Many Calgary seniors choose a smaller home with two living spaces.
Common Calgary options
A bungalow with a legal basement suite
A property with a garden suite or carriage house (where zoning allows)
A duplex or a side-by-side home
Important boundaries
Each person has their own self-contained living space
A formal lease agreement is in place
Rent is paid, even if below market value
This arrangement preserves dignity, independence, and family relationships — while still allowing you to downsize.
Option 3: Buying a Property Together (Proceed Carefully)
Best for families seeking a long-term partnership
Some Calgary families consider purchasing a property jointly.
Pros
Shared housing costs
Your child builds equity
Maintenance responsibilities can be shared
Cons
Financial risk if one party cannot pay
Complicated exit strategies
Critical step
Always work with a Calgary real estate lawyer to create a co-ownership agreement outlining:
Sale conditions
Exit timelines
Financial responsibilities
This option can work — but only with proper legal planning.
Option 4: A Clear, Respectful Move-Out Timeline
Best for seniors who want to live alone after downsizing
If your goal is to downsize and live independently, planning is essential.
What works best
Give 3–6 months’ notice before listing your home
Share your timeline calmly and early
Frame the transition as planned — not sudden
Why this matters
Your child has time to save and plan
You avoid last-minute conflict
Family relationships are preserved
This approach supports both emotional and practical readiness.
Should I Rent to My Adult Child Instead?
Some parents consider buying a small condo and renting it to their child.
Before doing so, consider:
Renting below market value may affect tax deductions
A written lease is essential, even with family
Clear agreements protect both parties — including your estate
Always seek professional advice before entering a family rental arrangement.
How Destinations Seniors Downsizing Can Help Calgary Families
At Destinations Seniors Downsizing, we help Calgary seniors navigate downsizing situations that involve adult children with care, clarity, and respect.
We support you by:
Creating a personalized downsizing plan and timeline
Helping with sorting, decision-making, and emotional overwhelm
Clarifying what to move, donate, sell, or dispose of
Coordinating packing, moving, and settling into your new home
Acting as a calm third party during sensitive family discussions
We proudly serve Calgary and surrounding communities, and every plan is tailored to your unique family situation — at your pace.
Frequently Asked Questions
Can I downsize if my adult child still lives at home?
Yes. Many Calgary seniors downsize while supporting an adult child through a planned transition. The key is clear timelines and thoughtful planning.
Do I have to provide housing for my adult child?
While many parents choose to help, adult children are legally responsible for their own housing. Planning early helps reduce stress for everyone.
What is the best downsizing option for seniors with adult children?
There is no one-size-fits-all answer. Options include temporary financial support, multigenerational housing, shared ownership, or a planned move-out timeline.
Can a downsizing company help with family situations?
Yes. A senior downsizing company like Destinations Seniors Downsizing can provide neutral, compassionate support to help families navigate complex emotional and logistical decisions.
Disclaimer
This article provides general information and does not constitute legal or financial advice. Real estate laws and tax rules vary by province. Always consult with a qualified legal, financial, or real estate professional before making major financial decisions.