Purchase
The Gainsborough is a Market Value Life Lease property. The owner of a Life Lease has the exclusive right to occupy the suite they select and to use the common facilities of a development for as long as they desire or are able. These owners purchase their lease, at market value, similar to purchasing a home or condominium. Once the owner takes possession of their suite, they would pay a monthly fee, similar to a condo fee, which represents the owners share of common costs including interior and exterior maintenance, management, insurance, etc. At The Gainsborough, every suite is individually metered for gas and hydro; therefore, each resident is responsible for paying their own utilities as well as property taxes.
- 1 Bedroom Suites
2 cozy floor plans
Sizes range from 674 to 693 sq.ft.
Resale prices from $93,500 - 2 Bedroom Suites
6 unique floor plans
Sizes range from 885 to 1142 sq.ft.
Resale prices from $125,000
Special Features May Include:
- Gas fireplace
- Cathedral ceiling
- 2nd bathroom
- North or south facing exposure
- Enclosed sunroom
- Spectacular garden view
If you are interested in more information about purchasing one of our suites, please call the administrator at 519-472-4787.