Verdant Valley Villa

Every suite offers complete privacy and comes equipped with all the necessary facilities.

Communal spaces also encourage residents to congregate or visit with friends and family.

This building is part of the seniors self contained apartment program in Alberta, offering rents based on income with funding support from the Government of Alberta.
Offering independent living for low-to-moderate income seniors.

Vacancies Available

Yes

Vacancies Last Updated

October 1, 2022

Terms of Occupancy

Rental/Lease

Ownership Model

Total # of Units

4

Address

4932 - 48 St., Lougheed, Alberta, Canada

Postal Code

T0B 2V0

Phone

780-582-0007

Website

https://www.thebethanygroup.ca/seniors-living/subsidized-apartments/flagstaff-area

Social Info

Eligibility Criteria

Senior citizens whose income is not sufficient to rent private sector accommodation and are functionally independent (with and without community-based services). Based on a point-scoring system set by the Government of Alberta. Determined after completion of an “Application for Accommodation,” and a personal interview. Placement on an eligibility list is determined by need rather than date of application.

Priority Rating

Yes

Pets Allowed

No

Smoking Allowed

No

Unit Sizes Available

1 Bedroom

Damage Deposit Required

No

Rent Geared to Income (RGI)

Yes

Additional Suite Information

Rent in seniors self-contained apartments is based on a rent-geared to income (RGI) formula. This means that rent is based on a percentage of the tenant’s adjusted income. In the case of a couple or two persons sharing a seniors self-contained apartment, the rent is based on the combined incomes of both. Rent is calculated at 30% of total gross income from all sources (i.e. pensions, investment income, etc.) with a maximum rate approved by the Governing Board. Incomes and maximum rents are reviewed annually.

Amenities

On-Site Laundry

Additional Suite Features

Heat, water, sewer, and garbage removal charges are included in the rent. Electricity, telephone, parking, and cable TV/internet charges are the responsibility of the tenant.

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