Located in the neighbourhood of Winston Heights lies Prairie Sky is Calgary’s only cohousing community. The community was originally built in 2003 and houses 18 different units. The residents of Prairie Sky proudly base their principles and community foundation in respect, sustainability and commitment.
Perhaps one of the most famous groups in the world of co-ownership, the ‘Golden Girls’ of Port Perry are now considered the face of co-ownership in Ontario. As Ontario’s government pushes for alternative housing ideas to combat the housing crisis across the province, these four seniors came together and took advantage.
Located in the centre of Ottawa lies Ontario’s only completed cohousing community: Terra Firma. Terra Firma began in 1997 and is now home to 12 families. With a large common house and common garden, the residents of Terra Firma fully embrace their community and the true spirit of cohousing.
Co-ownership and cooperative real estate purchases are a great way for people to enter the real estate market. While Toronto’s market is competitive, millennials have found a way by buying together. Take the following case study of two millennial couples who were able to pool their resources together and purchase their first home in the Annex.
We have reached Step 4 in our series on the Steps to Co-Ownership. Previously, we have discussed how to find your partners and creating your group in Step 1, how to create a financial model in Step 2, and how to create house rules in Step 3. In Step 4, we will discuss everything surrounding a co-ownership legal agreement.
Are you thinking of buying a house? Are you dreaming of that perfect home that you and your family will grow and live in, sharing perfect memories together? Are you curious about co-ownership and think it’s a good fit for you? Before you jump straight onto realtor.ca to browse listings and envision your dream property, there are important steps to take especially if you are considering Co-Ownership. This is the first piece in a series where we will break down the co-ownership process into 5 key steps that every group of partners has to go through in order to co-operatively purchase their home. In this article, we’ll take you through the first and most important step of all: finding your partners.
