There is a new two-tower residence planned for Scarborough, but this isn’t your typical high-rise. Sponsored by Global Kingdom Ministries, Trinity Ravine Towers is a 55+ residence geared towards Christian community living.
Aside from being geared towards buyers aged 55+ and Christians, Trinity Ravine Towers is different than your average condo because ownership is through a life lease. Before jumping into the features of this residence, let’s take a look at the difference between condo ownership and a life lease.
In a condo, ownership is spread out among multiple people, the neighbours are of all ages, you have a more private lifestyle, everything is managed by a condo corp., there are no support or health services, and you pay land transfer tax.
With a life lease, everyone owns a single unit, all the suites typically have an age-in-place design, a more social lifestyle is promoted through amenity spaces and other programs, control over the residence is by a non-profit organization, there are plenty of health and support services available, and purchasers are exempt from land transfer tax.
Potentially the most important thing to know about a life lease is that when you decide to sell the suite, you will receive market value, minus an administration fee. When the market value of local real estate goes up, so does the value of the life lease.
Age-in-place design at Trinity Ravine Towers
The concept of ageing-in-place focuses on providing a living space that will be sufficient well into retirement, meeting all accessibility needs.
All the suites at Trinity Ravine Towers come with 3’ wide doors to accommodate potential use of a walker or wheelchair, easy grip cabinetry handles, toe-testers in the bathtubs and showers, and low light switches and thermostats.
There are also safety features throughout the residence, such as surveillance cameras, motion controlled lighting, and extra lighting and panic buttons in the underground parking garage.
Of course, the suites of Trinity Ravine Towers also offer high quality features and finishes that you would expect in a high-rise residence, including hardwood flooring, porcelain and stone tile, quartz countertops, contemporary European-style cabinetry, LED pot lighting, and smooth ceilings.
There is a wide variety of floor plans available in one-bedroom, one+den, two-bedroom, and two+den layouts, ranging from 667 to 1,453 square feet. One other feature that is very convenient is that many of the larger suites have ample storage, so you don’t have to go down to a storage locker on a different floor to access certain possessions.
Register for Trinity Ravine Towers
Global Kingdom Ministries was founded 60 years ago and is a non-profit organization that focuses on supporting Christian values within the community. They participate in the community in a number of ways, including food drives, ESL and other adult classes, youth and senior sports, summer camps, seminars, and much more.
The presentation centre is now open at 1250 Markham Road. To learn more about Trinity Ravine Towers, visit Monday to Thursday from 10 am to 6 pm, Saturday from 10 am to 5 pm, or on Sunday from 1:30 pm to 5 pm.
You can also call 647-876-5433 for more information.