Solterra Co-housing Ltd

Revenue:

$1.4 Million

Employees:

7

Industries:

Real Estate.Show More

SIC Codes:

6531
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Description:

Solterra Co-housing Ltd. offers an innovate alternative to shared housing options available to seniors. Our ownership is simple; each owner has an undivided freehold interest in the home and each co-owner is registered as Tenant in Common on the title/deed. Co-owners control all aspects of operating the entire home, and each resident contributes to, and is accountable for household decisions. We have multiple owners on one residential dwelling unit, or some people refer to it as a single family home. Either way, it is one home with multiple co-owners, and each interest is sellable on the open market. "Shared Home Ownership" is growing in popularity, both abroad and throughout North America. At Solterra, we have adapted this concept to the unique requirements of senior citizens, people with disabilities, students, and anyone else who wishes to create an intergenerational home. Owners each have a private bedroom, sitting room with en suite, and everyone has full access to the common areas of the home. The shared amenities often include a kitchen and dining room, workshops, guest rooms, home office, arts and crafts area, laundry, and more-depending on the design of the home.

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