Although very popular with our neighbours to the South, and recognized as a way to free up capital, land-lease communities have become more popular in Canada in the past several years. As the Baby Boomer population ages, these upscale, adult lifestyle communities have begun to flourish in Canada.

The advantage of land-lease communities is that you don’t have to invest large sums of money ($50,000 – to sometimes $100,000 plus) into a lot,. With only the home to purchase, you are able to free up capital, as well as monthly expenditures, allowing you to enjoy other interests such as travel or a southern winter home or perhaps even other investments.

The overall cost of living in the Owen Sound area is about 10% below the Canadian average. Housing costs are about 20% below the Canadian average, which saves you money to be utilized elsewhere.

Financing

Mortgage Program Manufactured Home

We have teamed up with the Royal Bank of Canada who specializes in financing manufactured homes, to bring you the most competitive rates

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Increase Guarentee

Since landleases fall under regulatory control of the Provincial Ministry of Housing, your monthly lease amount can only increase by the Provincial Guideline once a year. The Provincial Guideline for the past 10 years has averaged 2.88%, which gives you a clear picture of your annual expenses.