Royal Canadian Legion Maple Ridge #88

The Best Advertising is a Good Product

The Legion Gardens at 12127 - 224th Street and the Legion Manor at 22408 121^st Avenue are tangible proof of the success of well managed building projects:

Designed, contracted and built by the Legion
Marketed by the Legion
100% occupied

From concept to finish, these condominiums were a runaway success story.

Let’s start at the beginning and explain the Life Lease concept and the project marketing plan.

What is a Life Lease?

Simply put, a Life Lease is a residential agreement involving an entry fee of between $70,000 and $125,000 which affords the resident security and ownership of a condominium for as long as needed or wanted. The lease may be terminated and the original Life Lease value refunded. In the event of death, the Life Lease value is refunded to the estate. The entry fee value of the Life Lease is determined by the construction costs and may be partly financed if required, there is no profit.

What is the location of the building?

The Legion Gardens is next door to the Legion while the Legion Manor is kitty-corner across 224^th Street and both are only one, level block from downtown Maple Ridge, close to shopping, banking, transportation and the new public Seniors Centre.

What are the designs of the buildings?

Each building consists of four floors and include full underground parking. The exterior is a mix of stucco and brick.

How large are the projects?

The Legion Gardens consists of 47 two bedroom and 9 one bedroom suites while the Legion Manor houses 84 two bedroom condominiums.

How large are the condominiums?

The suites average a floor area of 975 square feet and are fashioned following the most sought-after styles. Specifically designed for convenience and comfort.

The facilities have been carefully planned from past experience and provides features that are important to today’s senior. For example:

18 cubic ft. fridge
dishwasher
self-cleaning oven
functional gas fireplace
balconies and sundecks
in suite laundry rooms
extra storage locker in basement
grab bars and one piece fiberglass tubs.
levers instead of knobs on most doors and plumbing fixtures
lighting over kitchen sinks and stoves
double stainless sinks
kitchen islands in some suites
solid wood cabinetry in kitchen and bathroom
every room has ceiling water sprinklers for fire safety
vaulted ceilings on some fourth floor suites
raised panel doors and closet bi-fold doors
wood baseboards
vertical blinds
cable and telephone outlets in 3 locations
metal front door with peephole and deadbolt lock
security camera at entrance to permit you to view guests
“Seniors Only” residents
Caretaker and security personnel.

Is there a monthly fee?

Yes, there is a monthly fee, common to condominium projects, to cover operating costs such as building maintenance, insurance, landscaping, utilities, janitor, caretaker, security personnel and garbage removal. Your monthly fee also includes cablevision, negotiated with Rogers at a bulk rate, saving you about 50% over single residential rates. Your only additional overhead is your telephone and electricity bill.

What about price?

The entry fees are based on construction costs and range from $70,000 to $125,000. As stated earlier, the fee is based on actual building costs and is fully refunded within 90 days after you give notice to leave . You simply cannot buy anywhere for a less price this close to town. These prices result in seniors spending less of their savings on shelter and freeing up more cash for retirement activities and necessities.

Why are the condominiums so inexpensive when compared to other projects?

The Maple Ridge Legion is a non-profit community organization and strives to provide affordable housing at reasonable cost. This is accomplished in a number of unique, proven methods:

the Legion was the developer, no developer profit
the Legion was the general contractor and has a solid handle on all costs associated with the project.
the Legion does all the marketing, no real estate commissions
the Legion handles all of the documentation, low legal fees

Application forms for residency are available at the Legion office, 12101 – 224^th Street, Maple Ridge or telephone us at 604-463-5101 for further information. There is a lengthy waiting list and we anticipate a five year wait for any new applicants.

Legion Gardens : Legion House
Earl Haig : Legion Manor : Legion Towers