Market Value Life Lease

There are multiple Life Lease models in Canada. Some of the earlier Life Lease models(fixed value, price index, declining balance, and zero balance) are not as favourable to buyers today, which is why Market Value Life Lease was created.

Market Value Life Lease is an excellent way to grow your hard earned equity and increase your investment. Everyone knows that investing in real estate is the best return on your investment, especially when it is your primary residence. It is very similar to a condo model without the headaches of condo boards.

Market Value Life Lease allows retirees to continue to gain equity in their primary residence later in life. It also reduces the stress in home ownership. Exterior and common area maintenance is professionally taken care of and replacement costs such as your heating system, water heater, and ventilation system in your suite is covered too.

It allows owners to purchase the space in their suite (just like when purchasing a condo), sell whenever they want on the open market, and sell it for the price they choose. Owners can also gift the suite to someone, put it in their will, sell it through their estate, or even rent the suite out to another retiree.

There are no restrictions when buying and selling Market Value Life Lease and you also have professional help along the way when you decide you want to sell.

Pairing Market Value Life Lease with a fully wheelchair accessible home and you are set for the future. You will be gaining equity in a stress-free living environment and have a property manger to call if you need help in your suite. These important aspects will allow you to age-in-place, live independently longer, and have home care come to you.

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