LIFE LEASE SUITES

Christie Gardens has a select number of market value Life Lease suites which become available from time to time. Resale prices are comparable to similarly sized condominiums in Toronto. Life Lease suites range in size from 800 to 1650 square feet. Some of the premium suites include large outdoor terraces perfect for enjoying evening views of the city.

Under a Life Lease plan, residents purchase a Life Lease interest, at market value in both the property and their unit, similar to purchasing a home or condominium. When the resident or their estate wishes to sell their Life Lease interest they receive market value, less an administration fee. As the local real estate market increases, so does the value of the Life Lease interest. Seniors are able to protect their equity and earn a return similar to the equity growth in their family home.

The Pine: 1 Bedroom plus Den – 919 sq. ft.