Life-Lease Suites - Accepting Applications
| Life-Lease | Condominium Purchase |
|---|---|
| You hold the life-lease | You hold title to the property |
| Elim Lodge owns and manages the property | You own the property and the condo association manages the property |
| Guaranteed buy-back of the lease | Sale according to the market |
| Pre-determined price when selling, no legal fees, no realtor fees | Market price when selling, plus legal fees, plus realtor fees |
| Will never be assessed for major repairs | Will have proportionate share of major repairs |
| No condo association or meetings | Condo association and meetings |
| Can sublet | Can sublet |
| Reputable charitable corporation with 35 years of experience in adult housing | Condo owner and association reputation may be unknown or requires research |
| Building construction standards are high; the building will be first class with no corners cut | Condo building construction standards unknown or requires research |
| Management standards are high and the building is well maintained | Management standards are unknown or requires research |
| Building security high / You can pick up and travel knowing your suite is secure | Building security varies depending on the condo owner and association |
| Christian-based community atmosphere | Fellow condo owners are unknown and building atmosphere is unknown |
Services & Amenities - Life-Lease Suites
Building Amenities
- Entry security system with 24 hr. video monitoring, modern key fob & remote control garage access, and security entry view on TV for Shaw Cable subscribers
- Four elevators
- Parking available for rent (underground, street level, and overnight outdoor visitor parking)
- Storage cubicles available for rent (4 feet x 6 feet)
- Auditorium
- Woodworking shop
- Exercise & games rooms
- Library - includes service provided by the Saskatoon Public Library
- Lounge with kitchen facilities
- Craft room
- Dining Room – evening meal service available for purchase by all residents
- Outdoor deck for group activities/barbecues
- Guest suites available for short-term family use
- Completely wheelchair accessible
Additional Services
- LifeAid medical emergency call button with 24-hour monitoring
- Evening meal in the Dining Room is available for purchase
- Pastoral care and weekly Chapel Services
- Hairdressing/barber services - available by appointment
- Massage Therapist - available by appointment
- An active social and recreation committee - “The Keenagers”
- Nail Care – available by appointment
Admission - Life-Lease Suites
Overview
Acquiring one of Elim Lodge’s Life-Lease suites is very similar to a rental suite with an entrance fee which lowers your monthly rental rate. Your entrance fee guarantees that you can continue to occupy the suite for as long as you are able to live independently in it. When you no longer require the suite for whatever reason, the suite is returned to Elim Lodge Inc. and a pre-determined amount of your entrance fee is returned to you or your estate.
Restrictions
As noted above, applicants must be capable of independent living with the help of the services we provide. Staff members are not qualified nor permitted to provide any nursing care or other personal care. These services are available through licensed providers such as Home Care. Residents who have been CPAS assessed as requiring Personal Care services will not qualify for admission to Elim Lodge Assisted Living suites. For those who require such care, Elim Lodge Inc. operates a Personal Care facility at Hyde Park View. (306-373- 6333). Elim Lodge is a non-smoking facility (even in your suite). No pets are allowed.
Monthly Fees
As a not-for-profit corporation, we keep the monthly fees as low as possible. The fees charged for available suites may be obtained from the Office.
