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Wyndham Gardens Life Lease
The Life Lease concept enables residents to belong to a community designed to meet their changing needs. Life Lease housing developments have been established for many years in Ontario and there are currently over 100 Life Lease communities in operation across the province. Life Lease housing offers a creative option to living in a condominium like environment with an opportunity for investment. It is ownership of a housing unit that is leased from a Charitable or Non Profit Group. A Life Lease resident purchases the exclusive right to occupy a specific unit/suite and, in Ontario, are neither tenants nor property owners. A Life Lease suite is purchased at fair market value by the resident. The resident has exclusive use of their suite, shared use of all common areas and facilities, and many more benefits. 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
Wyndham Gardens offers 27 various suite layouts. The suites range in size from a one bedroom of 711 square feet to the two bedroom plus den range at 1,550 square feet.
Most suites are equipped with washer and dryer hook-ups. All suites have an entry phone security system and independent thermostats for heat control
Wyndham Gardens Life Lease has been viewed 57 times over the past 30 days (1364).