Frequently Asked Questions
These FAQs are for general information. Final details, including lease agreements and rental terms, will be shared once the community is approved and ready for residents.
What does it mean to own a home but lease the land?
In our communities, you own your modular home while leasing the land beneath it. This split helps reduce the upfront cost of homeownership by separating the land from the dwelling.
Does this land-lease model affect rental homes too?
No. The land-lease structure applies only to those purchasing homes. Rental homes in the same community operate under standard tenancy rules.
What kind of lease terms can I expect?
The lease agreement will clearly define the duration (term), renewal options, responsibilities, and permitted uses. We will provide the full lease terms before purchase.
Can lease fees increase over time?
Yes, lease fees may adjust over time due to inflation, property tax changes, or other agreed-upon factors. The lease agreement will specify how and when adjustments can be made.
Who handles maintenance and shared services?
Shared services such as roads, lighting, landscaping, and common areas will be managed by our property management team. Owners and renters will not be responsible for maintaining those elements individually.
What's included in the warranty?
Homeowners will receive warranty coverage for defects in workmanship and materials, and structural integrity, per Ontario standards and builder agreements. Details will be shared before you commit.
How do municipal regulations affect the lease?
Lease agreements must comply with municipal bylaws and regulations. All leases are subject to those requirements.
When will I see more information or renderings?
As the project moves through approvals, we will release renderings, detailed site plans, and more concrete specs. Sign up for emails or check back for updates.
Can I rent out my home in the future?
Potentially subject to the lease agreement, community rules, and municipal regulations.
Disclaimer: The information provided here is for general guidance only and does not constitute legal or financial advice. Specific terms, conditions, and agreements will be provided to prospective homeowners and renters before any commitments are made.