The building has been designed to provide a high degree of fire safety and noise privacy.
In addition, there is provision of a comfortable multi-purpose area providing residents with options for communal social
and recreational activities.
The building is an elevatored two-storey structure
with access being controlled by a security enter-phone system.
Professional Property Management services are provided by Murdoch Management
and include an "after hours"
maintenance emergency call service along with full accounting and maintenance
The project is home to two 2-bedroom suites and twenty six 1-bedroom suites.
The "Not-for-Profit" rents include: Mortgage payments,
Property Taxes, Heat, Light, Water, All Building and Grounds Maintenance,
Custodial Service, Security, Vacancy Reserve, Capital Replacement Reserves,
Parking, Professional Property Management and Administration.
Only the costs of Telephone and Cablevision are not included
in the rents.
There is no motivation to increase Project rent. As the sponsor is
not-for-profit, rent pays for the operational costs of the Project and nothing
more. This project is a philanthropic undertaking. Rent can increase in the future – but only if the operational costs of
the project increase (i.e. property taxes, utilities, mortgage, etc). The
not-for-profit rents in a project like Place Ste-Anne should be comparable, if
not lower, than the total current monthly costs of owning your own home.