The Project has been developed on a suburban site, conveniently located in the quiet established residential neighbourhood of Southdale, Winnipeg. The site is bounded by Beaverhill Blvd. The site is immediately South of the recreational park operated by the Southdale Community Centre. The Life Lease concept is explained in detail later in this brochure. The Board of Directors of the Corporation serves in a philanthropic nature for the life of the Project.
Directors receive no financial income, nor gain in any way from their position.
The Board's role is to oversee the direction, general management and policies of the corporation. Residents do not purchase the suite as in a condominium. Instead, residents purchase a Life Lease. The resident is not required to find the next buyer of the suite. Resale of suites is the responsibility of the Villa .