Sandhills Residential Community offers secure, affordable independent living for active adults aged 55 and older in the heart of downtown Kitchener. Operated as a not-for-profit corporation, Sandhills uses a life lease housing model that provides an alternative to traditional home ownership or renting.
What is Life Lease?
Life lease housing lets you purchase the right to occupy a suite for your lifetime, while Sandhills retains ownership of the property. This model offers several advantages:
- Lower initial cost compared to comparable condominium units
- Reasonable monthly fees covering property taxes, and maintenance
- Rights to equity based on market value upon resale
- No land transfer tax on sales of the life lease
- Fewer maintenance responsibilities, allowing you to enjoy a worry-free lifestyle
Benefits of Life Lease at Sandhills
- Affordability in a vibrant community setting
- Maintenance-free living advantages
- Access to social and recreational programs that foster community engagement
- Stable investment value not tied to age or length of residency
- Security and peace of mind through expert property management
Watch video below for more details:
Sandhills suites are thoughtfully designed to support an independent, active adult lifestyle. With spacious layouts, modern kitchens, and in-suite laundry facilities, residents enjoy comfort combined with the social atmosphere of community living. Located just steps from shopping, restaurants, public transit, and parks, Sandhills offers a convenient and connected lifestyle.
For additional information on life lease housing, visit https://www.ontario.ca/document/life-lease-housing
