The Life Lease units have 2 bedrooms, a lakeview balcony and a storage room that can accommodate in-suite laundry. Life Lease units require a Down Payment to lease. The amount of the down payment reflects what the monthly rent fees with be. 
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Below are details on a Life Lease FULL down payment, based on unit size: 

  • 944 sq.ft. unit ~ $149,000 
  • 1,000 sq.ft. unit ~ $159,000 
  • 1,150 sq.ft. unit ~ $179,000

  • The Apartments are 1 bedroom suites that do not require a Down Payment like the Life Leases described above.  

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Sample Floor Plan - One Bedroom Apartment                         
Features:
  • Grab rails in washrooms
  • Smoke detector & sprinkler system
  • Refrigerator, stove & dishwasher
  • Electric baseboard heat with individually controlled thermostats
  • Removable window or panel for those who wish to install an air conditioner
  • Coin operated laundry on each floor
  • Mail services
  • Main entrance and internal security
  • Air conditioning in common areas
  • ​Use of Waterfront Common and Johnson Hall, when available
  • ​Attached to Betel Home, Personal Care Home

​Both the Life Leases and Apartments come with a refrigerator, stove/oven and dishwasher - residents provide their own microwave, washer/dryer and air conditioner.

Hydro, Water, Sewer and Basic Cable are included in the monthly rent fees.

Parking, Telephone, Internet and Tenant Insurance are extra.

​Every floor is equipped with laundry facilities for those suites without in-suite washer and dryer connections.

The residents have exclusive use of Waterfront Common which is on the main floor of the Waterfront Centre (former Amma's Tea Room). This is a designated space for residents to enjoy and is used for daily morning coffee, family functions and other activities. 

​**Click here for the current Rent and Life Lease 


To discuss "Life Lease" and "Apartment" options and availability, please contact the Manager of the Waterfront Centre at 204-642-4611 or email: waterfrontcentre@mts.net

What is a Life Lease ??? 
A life lease is a form of rental housing which is usually aimed at tenants who are 55+. A life lease is a kind of written tenancy agreement. A life lease can be for the life of the tenant or for a specific term (e.g. 50 years). Under a life lease, a tenant pays an entrance fee for a rental unit. The tenant also pays rent each month to cover maintenance and other expenses. The Residential Tenancies Branch (RTB) administers The Life Leases Act. If you have any questions about life leases, you can contact the Branch at: rtb@gov.mb.ca or by phone at 204-945-2476 or toll-free in Manitoba at 1-800-782-8403. Click her for more information on Life Leases.