Brechin Shared Home SIX Suites
This project was a joint venture with Solterra Co-Housing and a developer from the Orillia area. The project was constructed and completed in 2012. This project is no longer in our inventory as the developer is now marketing the home privately.
The following highlights will give you an idea of the layout of the home:
Building Features Highlights
There are 6 – 378 sq ft private suites plus 1194 sq ft. of shared and common areas in this home
Bright interior vestibule, easy access to private suites
Private Terrace with patio and landscaping
Central heating and air conditioning system, with individual electrical fireplaces within suites.
Each co-owner has a 16.6% equity ownership of the home and are registered on title as a Tenant in Common. Each co-owner shares the common areas and amenities of the home. Your ownership is freehold and resell-able on the open market.
Co-owners share the common expenses, taxes and care monthly.
The “house mom” is hired to assist with the shopping, cooking, cleaning and laundry and more. This enables seniors to remain independent and not move to institutional retirement homes.
This home boasts numerous upgrades including wheelchair accessibility, wide doorways, levered handles throughout, ramps, grab bars and roll-in shower.
Our shared homes are for healthy seniors, who no longer want to live alone or perhaps they realize they need a little more assistance with daily living. Our homes look like single family homes on any street. They operate on flexible guidelines, not rigid rules.
Each co-owner has their own private space and together they share the rest of the home. Common expenses, taxes and the cost of staffing is all shared making it cheaper to live.
To find out more about shared homeownership and shared housing Contact Us