Built in 1999, this 24 unit development features spacious 1 bedroom plus den suites of approximately 800 square feet on 3 floors. Each home features living room with gas fireplace, dining area, complete kitchen with full sized appliances and storage room with laundry hook-up. Each home has a deck with varying views depending on the exposure of the unit. Mobility features include grab bars in the tub and lowered light switches.
There is a basement in the building with a room to recharge mobility devices and also separate assigned storage. The basement also connects to the St. Patrick’s Parish Center for easy access during inclement weather.
About Life Lease ownership
Ownership at St. Clare Villa is a unique arrangement. The title to the property remains under the Diocese of Victoria and each of the owners purchases a sublease for their unit at the market rate.
At time of disposition in future, the property is appraised and market rate is established. The St. Patricks Housing Corporation then purchases the unit from the owner at market rate (less administration fee of 15%).
Ownership costs
Each owner is responsible for their own utilities such as cable, telephone, internet, electricity (for heating, lighting, hot water and appliances) and owners may personalize and redecorate their homes.
A monthly common cost fee covers landscaping, janitorial and lighting and heating of common areas, elevator maintenance and overall building maintenance.
Frequently Asked Questions
One owner must be at least 55 years of age.
There are no care services in the complex however owners may contract their own if required
Yes, with approval
A parking stall is assigned if required
Not at all. All are welcome.
The St. Patricks Housing Corporation must purchase the unit at market value less administration fee. Units cannot be willed in Estates.
Absolutely. Structural modifications or hard flooring must be approve prior to installation and plumbing and electrical permits must be taken out. You can paint or decorate as you wish however window coverings must be neutral in color in appearance from the outside.
