Below are the current housing charges and deposits for our various units (valid until August, 1, 2018).
Unit Size | Housing Charge | Deposit Required |
---|---|---|
1 Bedroom Apartment | $858.00 | $858.00 |
2 Bedroom Apartment | Small $961.00 / Large $977.00 | $961.00/$977.00 |
2 Bedroom Townhouse | $1,118.00 | $1,118.00 |
2 Bedroom Townhouse / CAC | $1,210.00 | $1,210.00 |
3 Bedroom Townhouse | $1,210.00 | $1,210.00 |
3 Bedroom Townhouse /CAC | $1,230.00 | $1,230.00 |
4 Bedroom Townhouse | $1,288.00 | $1,288.00 |
Phase 1 – Townhouses
Phase 2 – Apartments
Housing charges are due before the close of business on the first day of each month. Co-operative members vote on the housing charge at the annual General Members Meeting. Each member of the Co-operative must pay housing charges, which are made up of the following:
The housing charge does not include the following costs to a member residing in the Seniors’ Apartment Building:
The housing charge does not include the following costs to a member residing in the Townhouses:
If the Co-operative has to pay for any of these, the cost will be added to the member’s housing charge.
Members may apply to pay a reduced housing charge. The difference between the reduced charge and the full charge is paid by government subsidy to be applied for yearly.