Units
What do you want from your housing accommodation?
· Central location, 54th Avenue near Kerr Street.
· Walking distance to shops
· Transit stops right outside Co-op
· Spacious living rooms
· Laundry room on the Co-op site
· Fridge and stoves
· Large patios
· Walk to Central Park and Killarney Community Center
· 3 min. Walk to an elementary school and about 10 min walk to a secondary school
· Beautiful park like, landscaped common areas
· 2 colorful playgrounds
· Large pool
· Full-time maintenance staff
· Common room for use by all members
Shares:
New members are invited to the join the cooperative after meeting our selection criteria. Shares of $750 to $1500.00 must be purchased and a lease signed to secure the right to move in. Associate shares for spouse/partner may also be purchased for $10.00 (gives equal voting rights) Both shares will be refunded when the member moves out of the co-op less any money owed to the co-op. The co-op will use the interest on the share purchase to help the operating cost of the co-op.
Share Purchase:
For all market apartments - $1000.00
For all market townhouses - $1500.00
For all rent supplement units - $750.00
Members share the benefits of not-for-profit housing. Co-op units cannot be bought or sold.
There is no profit taking by a landlord, as we are our own landlords.
Housing charges (rent) are based on actual operation costs, mortgage cost, etc.
Current Housing Charges & Minimum Family Income Requirement as of September 1, 2005
Rent supplement units based on income (not applicable)
All housing charges include: Heat, Hot Water and One (1) Parking Stall (additional parking=$17.50 per month/per stall)
What do you want from your housing accommodation?
· Central location, 54th Avenue near Kerr Street.
· Walking distance to shops
· Transit stops right outside Co-op
· Spacious living rooms
· Laundry room on the Co-op site
· Fridge and stoves
· Large patios
· Walk to Central Park and Killarney Community Center
· 3 min. Walk to an elementary school and about 10 min walk to a secondary school
· Beautiful park like, landscaped common areas
· 2 colorful playgrounds
· Large pool
· Full-time maintenance staff
· Common room for use by all members
Shares:
New members are invited to the join the cooperative after meeting our selection criteria. Shares of $750 to $1500.00 must be purchased and a lease signed to secure the right to move in. Associate shares for spouse/partner may also be purchased for $10.00 (gives equal voting rights) Both shares will be refunded when the member moves out of the co-op less any money owed to the co-op. The co-op will use the interest on the share purchase to help the operating cost of the co-op.
Share Purchase:
For all market apartments - $1000.00
For all market townhouses - $1500.00
For all rent supplement units - $750.00
Members share the benefits of not-for-profit housing. Co-op units cannot be bought or sold.
There is no profit taking by a landlord, as we are our own landlords.
Housing charges (rent) are based on actual operation costs, mortgage cost, etc.
Current Housing Charges & Minimum Family Income Requirement as of September 1, 2005
|
Type
|
Square Footage
|
Monthly Housing Charges
|
Gross Family Income Needed Per Month |
| 1-BD Apartment |
730
|
$780.00
|
$2600.00
|
| 2-BD Apartment |
844 - 877
|
$927.00
|
$3100.00
|
| 3-BD Apartment |
1036 - 1045
|
$1005.00
|
$3350.00
|
| 2-BD Townhouse |
1008 - 1036
|
$1057.00
|
$3525.00
|
| 3-BD Townhouse |
1134 - 1198
|
$1139.00
|
$3800.00
|
|
* The housing charges
are reviewed and are subject to adjustment each year prior to
our new fiscal year of September 1 *
|
|||
Rent supplement units based on income (not applicable)
All housing charges include: Heat, Hot Water and One (1) Parking Stall (additional parking=$17.50 per month/per stall)
©Killarney Gardens Co-op 2004