Wavy Lake Manor
Description
Every suite offers complete privacy and comes equipped with all the necessary facilities. Apartments can range in size from 500-575 square feet.
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
Site Information
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Acceptance 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.
Suite Information
- 1 Bedroom
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.
Suite Amenities
- On-Site Laundry
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.