Contact Us: 1-877-833-0007

Legally Speaking

 Understanding the Terms

Co-housing refers to the house. One property, one house with multiple owners all creating a single community within it—essentially a “home within a home”. Ownership is freehold and each co-owner is registered on title/deed as a Tenant in Common. Our homes are private and controlled by the co-owners of the property. You can live in a co-owned home because you own an undivided interest in the property or in some cases we may have a suite to rent depending on the home and the situation.

Co-ownership refers to the agreement that governs the home it is like a condo agreement. The co-ownership agreement in a co-housing shared home governs the rules and regulations of the home and how to get in safely, stay in, and get your investment back out when you want or need to leave the shared home.

Shared homeownership is another term used for co-housing and implies multiple co-owners (related or unrelated) of a single residential dwelling unit (SRDU) or as some people call it a “single family home” (SFH).

HomeSharing a homeowner decides to rent a room within their home.

Cohousing refers to the creation of a community, one property, 20-50 single residential dwelling units sharing common roads, walkways, parking, park areas, and common buildings. The ownership component is usually a condo management company.

We believe Co-Housing is the Next Exciting Venture

Shared housing and shared ownership is on the cusp of becoming the next exciting venture for the housing market in Canada. Buying and selling a home is a primal right of every Canadian. Owning a percentage interest of a home and sharing it with other individuals is absolutely no different legally speaking than owning the whole home.

Our company, Solterra Co-housing Ltd., along with our expert legal team has developed a variation of the traditional Tenancy in Common ownership. All co-owners have a freehold interest. That interest is registered on the title/deed and together they share the home and all the operating expenses of the home. Each percentage interest is individually mortgage-able and sell-able. So the security of knowing that you can sell your interest is as simple as calling your real estate agent.

Our Solterra homes meet all zoning and municipal guidelines, including the Ontario Building Code regulations and the Ontario Planning ACT.

The decision to move from your family home to a home with care is not only difficult and at times upsetting it can be an overwhelming and daunting experience for the family. Now Solterra can offer families an alternative solution to make the transition easier and more acceptable and your loved one can avoid the traditional retirement home forever!

Housing Challenges

In the present economy, the opportunity for a single person or a young family to own real estate is becoming a dream.

Seniors, unable or not wanting to live alone in their later years, are using up their life savings to live in group-retirement homes.

People with developmental disabilities are struggling to find suitable housing that is safe for their individual care needs.

Renters spend thousands of dollars each year for rental housing.

Students spend thousands of dollars each term to reside on- or off-campus while attending school.

And the opportunity for a family to have a vacation property is becoming more difficult each year. In fact, many Ontario residents can no longer afford to even consider buying a house, never mind a cottage.

But, what if there was a way to own property? What if you could build equity while sharing accommodation with others in similar life circumstances? Or better still, what if you combine housing and individual needs and develop shared homeownership housing?

Solterra offers an innovative approach to home ownership by facilitating the option for “shared housing & shared homeownership”. Whether you are renting or buying, our model lends itself to like-minded seniors, singles, people with developmental disabilities, young families, students, and members of the LGBT community.


Families looking for vacation properties can also benefit from the value of sharing a cottage property with extended family and friends or even unrelated people, as opposed to time-share or fractional ownership alternatives which is not as flexible and has many more risks.

The concept of Cottage sharing is becoming more popular—and why shouldn’t it? Experience the luxurious lifestyle of owning a second property, for a fraction of the cost!

Additional concerns or questions contact Shelley Raymond, the President, and she will be happy to assist you.