Independent Life Lease Apartments

Bethany Tower

All units have two bedrooms and two full bathrooms (most have wheel-in shower off master)
Appliances include fridge, stove, dishwasher, washer and dryer.
All units have balconies of which some are open and some are enclosed (enclosed balconies are not guaranteed).
Floor plans include Blue Bell, Daisy, Prairie Lily, and Lady Slipper.

Debenture (purchase price) ranges:

  • Blue Bell: $136,797 to $146,153
  • Daisy: $153,662 to $163,979
  • Prairie Lily: $172,649 to $182,881
  • Lady Slipper: $185,093 to $199,137

Debenture prices noted above are base prices only and do not include the costs of suite improvements and/or balcony enclosures (if applicable).

Buy back is based on the Debenture minus 2% depreciation/year for first 10 years of occupancy, then 1% depreciation/year for the next 10 years, after which depreciation will end.

Monthly Operating fees: 

  • Blue Bell: $1,250
  • Daisy: $1,295
  • Prairie Lily: $1,362
  • Lady Slipper: $1,409

Click to See Floor Plans

A $200 non-refundable application fee is required when applying for Life Lease housing. This covers administration costs related to Bethany offering up to three separate life lease units to the applicant. If the applicant accepts the first life lease unit offered, the fee is refunded. If the applicant declines the first life lease unit offered, the fee is lost but they continue on the waiting list. Whenever three life lease units have been offered and declined, a $200 application fee is required to stay on the waiting list. Requesting removal from all Life Lease waiting lists constitutes the forfeit of the application fee.