Frequently asked Questions
What is co-op housing?
Housing co‑ops provide at-cost housing for their members. They are controlled by members who have a vote in decisions. There is no outside landlord.
Is co-op housing, social housing?
Co-op housing is not public housing. Co-ops are self-governed, mixed-income communities, home to people of all ages and backgrounds.
Do co-ops allow people that are not low income?
Co-ops allow people of all incomes to live affordably in cities.
Do co-ops provide subsidized housing?
Most
How do I apply?
Please click here for more details
What qualifications are you looking for in members?
As a co-op member, you have security of tenure. That means you can live in your home for as long as you wish if you follow the rules of the co-op and pay your housing charges on time.
Is being in a co-op the same as living in any apartment building?
Most housing co-ops are nonprofits. Whether in urban or rural settings, they generally are housed in apartment-like buildings. Instead of obtaining a mortgage to purchase a home you can resell — such as a condo, house or townhome — you buy a share in a nonprofit co-op housing corporation and pay a monthly housing fee.
What are the responsibilities of a member?
As a co-op member, you have security of tenure. That means you can live in your home for as long as you wish if you follow the rules of the co-op and pay your housing charges on time. We require all members to volunteer your skills a minimum of 4 hours per month
What type of deposit does one need to put down?
Bachelor share buy in = $1000
1 bedroom share buy in = $1300
2 bedroom share buy in = $1500
Please visit our about page for more details
Does this type of housing fall under the Rental Act?
No we run under the Co-op Act of Canada.
Does this co-op allow kids?
No, we are an adult only co-op.
Is the area safe?
Yes
Are 1 or 2 bedrooms available?
No bachelor units only. The 1 bed and 2 beds are for internal moves.
How long do you keep applications on file?
1 year. If you have not been contacted after a year, please reapply.