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A lovely one bedroom suite on the fourth floor which is 651 square feet. This suite is freshly painted with all new flooring throughout. This unit is bright and open and boasts a French balcony with sliding doors. The suite has 4 appliances in the kitchen and laundry facilities in the suite.
There is a washer and dryer in the suite and an outdoor parking spot is included. Locker room storage is included on the same floor.
Cable, telephone, internet, etc., are the responsibility of the resident.
The asking price for this suite is $329,900.
Underground parking can be added for $60.00 per month.
When the Suite is no longer viable for the resident, it may be sold (at fair market value) or left in the resident’s estate. The Life Lease Suite has the potential to earn a return on one’s investment, similar to equity growth in a home. All this is accomplished without the worries and headaches of owning, maintaining and selling a home.
Monthly occupancy fees are paid to the owner and property taxes apply. The owner cares for all routine maintenance and landscaping. In the event that the resident is away for an extended period of time, he can rest assured that his Unit is secure by the controlled access to the building.