The Compact Cantilevered Ambulatory Assistive Device is intended to give physical support to persons having diminished abilities to walk, stand from a sitting position or to be seated from a standing position or maintain their balance. The design of the Compact Cantilevered Ambulatory Assistive Device supplies an upward force to the user through the Elongated Cantilevered Handles when transitioning from a sitting position to standing and provides stable support to the user when going from standing to a sitting position. The device maintains a stable support for the user by keeping the center of gravity of the device below the center of mass of the user, while walking, standing or transitioning from standing to sitting or from sitting to standing through the incorporation of cantilevered multi-wheeled bogie assemblies with the of the devices vertical support frames, the bogie assembly wheels being of such small diameters as to move without impediment under obstructions such as furniture, fixtures or seating.