Welcome to St. George’s Seniors Village, a vibrant community dedicated to fostering a spirit of cooperation and respect. Our mission is to uphold the highest standards to ensure a pleasant, attractive, and quality living environment for all residents. We greatly value the importance of recognizing and honoring the rights and feelings of every individual within our cooperative.
Our Legacy
Get to Know Us
Established in 1990, St. George’s Seniors Village welcomed its first residents on July 1, 1990, marking the beginning of a unique era. Our village stands out as it offers affordable housing with outright ownership opportunities for seniors through an equity or market value cooperative model, a rarity during its inception.
As a Seniors Housing Cooperative governed by the Cooperative Association Act and the Rules of the Association, filed with the Ministry of Finance and Corporate Relations on August 28, 1989, St. George’s Village is tailored to meet the needs of seniors, with an age restriction of 55 for one member. Embracing a culture of active participation, every member is encouraged to volunteer, whether by joining a committee, serving as a board member, or extending a helping hand wherever possible. Volunteering plays a crucial role in maintaining low and affordable living and operating costs.
In-Depth Insights into St. George's Village
Our cooperative is guided by a minimum of 3 to a maximum of 7 dedicated Board of Directors, including a President, Vice President, Secretary-Treasurer, and 4 Directors. Additionally, various committees such as Social, Gardening, Maintenance, Interview, Renewal, and Block Watch convene monthly, providing valuable recommendations to the Board of Directors.
Presently, the maintenance fees stand at $475.00 per month, encompassing maintenance repairs and supplies, landscape services, waste and organics collection, metered water, office and management fees, legal and audit fees, and contingency reserve savings. This fee undergoes an annual review as part of the budget process. Furthermore, a monthly Contingency contribution of $127.02 per unit from the Maintenance fees ensures robust financial planning.
Our community actively participates in decision-making during the General Meeting held in October, where proposed budgets and policy changes are put to vote. Additionally, the AGM in February serves as a platform to elect directors and accept audited financial statements.
*St. George's Village emphasizes that it is not a 'rental co-op or a Care Facility'.