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  • External link opens in new tab or windowst.volodymyr@shaw.ca
  • External link opens in new tab or window3102 Louise Place , Saskatoon, SK S7J4X4
    St. Volodymyr
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                    Life Lease Units - The Courts, The Manor and The Chateau

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                    FEATURES

                    There are 146 Life Lease homes in four buildings - Court East, Court West, Manor and Chateau.  One of the main features of the Life Lease Agreement is the guaranteed buyback provision.  St. Volodymyr Villa Corporation guarantees to buy back the unit for the appraised market value at time of sale.

                    Some of the highlights of the life lease complexes are:

                      • Sizes from 946 to 1396 square feet
                      • All two bedrooms, some with den
                      • Two bathrooms (1 1/2 or 1 3/4)
                      • Air conditioning
                      • Ensuite provision for washer and dryer
                      • Furnished commons room
                      • Spacious balconies and storage areas
                      • Heated underground parking
                      • Pressurized hallways
                      • Car wash bay and workshop


                    The monthly occupancy costs provide for building and grounds maintenance, heat, water and sewer costs, building insurance, property management, elevator, security and funds for capital reserves.


                    Occupancy Costs and Property Taxes as of January 1, 2023:

                    • Fees and property taxes are paid monthly by automatic debit to St. Volodymyr.
                    • Occupancy costs range from $441 - $478/month plus property taxes.
                    • Depending on the unit, property taxes range from $90 - $130/month.



                    Sample Floor Plan (1332sq ft)

                    1332 Sq Ft Floor Plan

                    Sample Floor Plan (980sq ft)

                    980 Sq Ft Floor Plan

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                    ADMISSION AND COSTS

                    When a unit is released St. Volodymyr guarantees to buy it back.  The price is established by an Independent Appraisal conducted by an independent third party appraiser who is a member of the Appraisal Institute of Canada. Therefore, the price is dependent on the Saskatoon Real Estate market.  Released units are bought and then sold at the appraisal price.


                    WAIT LIST TIMES

                    A waiting list is established based on the date of receipt of the application. Our wait list continues to increase and wait times area approximately 4 - 5 years for the smaller homes (946 sq ft) and increasing to 7 - 8 years for the larger ones (1200+ sq ft).


                    People are encouraged to apply early.  There is no obligation or application fee.

                     


                    Apply Now

                    Life Lease Application Form

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