Why choose to lease rather than purchase?

Where do we start?! In many cases our new residents are changing their lifestyles from decades of focus on single family home ownership to a different phase in their lives. They're looking to enjoy a little more freedom while they maintain a close watch over their hard earned investments. They undersand that 'freeing up' some equity can provide the resources to pursue all of those activities they've put on hold these past few decades!

Whether the dream includes hittin' the highway in a new RV, spending half the year in the hot sun, or tying flys on the deck of your own float home -- a Retire West Community may be the way you can realize those dreams since you are not committed to a long-term cash investment in your property at one of our Villages.

Retire West Communities gives you a chance to own a beautiful home at a great price, in a wonderful Village with neighbours you'll love to call friends, and just enough space to express yourself without overworking yourself! Don't forget, you'll be able to enjoy your financial resources a lot easier when you don't own real estate in these ever-fluctuating markets.

Here's what you get in a Retire West Communities Lease (this is not an offer, just an example):

The use of the clubhouse and all its facilities, along with the grand main entrance with secured gated entrances, street cleaning, street snow removal, street lighting and maintenance of all common grounds. The taxes on the land are included in the lease.

In addition to the monthly lease, sewer will be billed from the cities of Nanaimo or Courtenay, garbage collection will be billed directly from the company which holds the contract for the year, and water will be billed directly from Retire West Communities Ltd. RV parking is available on a first come, first serve basis and is $25.00 per month. City taxes on the building are the responsibility of the homeowner.

At all times during the lease the Residential Tenancy Act will apply.

During the first year of the lease, Retire West will not issue an increase in the base cost of the lease. Thereafter, the government approved and recommended rate of increase will guide such increases.