Suites

Available Unit

The Emerald

Suite 68, 6th Floor

Area: 681 Sq. Ft.

Features

1 bedroom
6 appliances
Barrier- free Design
Individual Suite Heating/Cooling
Storage Locker on the same floor
Laundry Room

Available:

April 15, 2025

Asking Price:

$370,000

Monthly Occupancy Fee:

$612.90

Property Taxes:

$204.87

Key Plan

The “Emerald” is a large, one bedroom with an amazing view of the downtown Barrie and Kempenfelt Bay. Featuring eat-in kitchen, combined living/ dining room, plenty of closet space, laundry room complete with washer/ dryer (purchased in 2020). Newly installed heat pump and dishwasher in 2023. This suite has beautiful hardwood and tile.

You control the heating / air conditioning in the suite. Appliances included: refrigerator, stove, microwave, dishwasher, and clothes washer & dryer.

The monthly Occupancy Fee which includes all utilities, common area maintenance, etc., is $612.90. Monthly Property Taxes are $204.87. Parking (indoor), if required, is $60.00 per month. Cable, internet and telephone are the owner’s responsibility. Prices subject to change without notice.

Virtual Tour

A Unique Investment Opportunity

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.