A life-lease condominium style four story building. This 24 unit building has units starting at 1044 sq. ft and going up to 1400 sq.
ft.. With Life Lease, the purchase price buys a lease on the unit for your life. The lease can be sold on the open market if the owner
wishes to move. The ownership of the unit stays with LSS.
LSS built the units on a cost basis. The people buying the units only paid
enough to cover the cost of construction. LSS did not make any profit on the project. We see this as part of our out-reach
projects as a Christian organization.
Construction was started in Novermber 2012. Officially opened 22 June,
The building is located at 1050 1st. Ave. W., Owen Sound.
The harbour is across the street from the building and provides
easy access to the walkway along the harbour. Because it is downtown, there is easy access to grocery stores , restaurants and other
stores. Shopper’s DrugMart is next door, Service Ontario office is 3 blocks away across from the new family medical center.
has an indoor parking space and a storage locker.