Submit your application along with a non-refundable administration fee of $30.00.
All individuals over the age of eighteen (18) interested in applying for membership must submit a completed application form and are then interviewed by the Co-op’s Member Selection Committee.
What happens next?
Your application will be reviewed, credit and references checked. If references are good, you will be placed on a waiting list and contacted when a unit becomes available.
It is up to you to contact us with updated information i.e., new address or phone number. If you are not reachable you will be removed from the wait list and required to reapply.
Applications are kept on file for one (1) year. You are responsible to contact the Co-op Office to renew your application and remain on the waiting list.
When a unit becomes available:
You will be contacted to participate in an open house in the available unit.
Application information will be verified as current for those that attend and are interested in the unit. Credit and references will be reconfirmed
You will be invited to a interview with the membership selection committee who will make a recommendation to the board of directors.
The board will accept or decline your application for membership, and you will be notified of the status in writing.
If approved, you will be sent and offered and acceptance letter for the available unit based on your priority on the waiting list.
You can decline three offers. Once you decline the 3rd time you will be removed from the wait list and be required to reapply.
Once you agree to accept a unit, you will be required to provide a minimum deposit of $600.00. The deposit is not refundable if you chose not to move in after accepting.
Purchase of shares:
You must purchase $1,200.00 in Co-operative Shares. This shows your commitment to the Co-op as a member and provides your damage deposit. We have several payment options for you to choose from.
- $600.00 deposit within 24 hours of being offered a unit, $50.00 per month for 12
months. - $800.00 deposit within 24 hours of being offered a unit, $50.00 per month for 8 months.
- $1,200.00 deposit within 24 hours of being offered a unit.
You are not paid interest on your share; interest is used to offset operating costs. When you move out you get your $1,200.00 share capital back, less any amount owing for carpet cleaning, damages, etc.
Parking:
One parking space is provided. Additional spaces are available on a first come, first served basis at $10/month April to October and $20/month November to March. There is also visitor parking available in designated areas; these stalls are not for members.
Move-Out:
You are required to give two (2) months’ notice when you wish to move out. Move out time is 12:00 noon on the last day of the month. Anything less than 2 months’ notice will not be accepted, and you are responsible for the housing charge if you choose to vacate early.