At Amenida, we strive to offer the best of both worlds – the flexibility of renting and the security of your investment. With this flexible option, our residents can enjoy the benefits of up to 6% annual return on investment while paying minimal monthly rent. Amenida also offers freedom from the hidden costs of traditional ownership: we do not charge any property tax, realtor fees, or strata fees
LIFE LEASE / FAQ
Extraordinary experiences
ABOUT LIFE LEASE
Life lease is a concept where the tenant pays an amount as a deposit to cover their monthly rent for a stipulated amount of time. After the deposit, the tenant only has to cover minor monthly payments that include management fees, maintenance, and other operating expenses.
Our life lease arrangements are available for a 5-year term. However the resident can cancel at anytime by providing 3 months notice.
Prime Features
guaranteed NO RENT INCREASES
NO PROPERTY TAXS OR FEES
FuLL SPECTRUM CARE
Three Package Options
FRIENDLY COMMUNITY LIVING
FREQUENTLY ASKED QUESTIONS
How is life lease different from paying rent?
When you enter a life lease agreement, a deposit is made up-front so you can enjoy lower monthly rental rates. At Amenida, we have an array of suites and packages for our residents to choose from. You can invest in the package that matches your budget.
If I enter into a life lease, do I own my unit?
The experience of entering a life lease agreement with Amenida is akin to owning the unit, but for a fixed term of five years.
How long is the life lease agreement?
The life lease agreements at Amenida Seniors Community last for five years. Our residents can cancel at any time or extend their lump-sum lease plans, if necessary. (Offer is subject to availability)
Can I terminate the contract before my fixed term is up?
Amenida offers flexible termination options even after residents sign a fixed-term contract. Residents can still receive their life lease deposit (92%) back with 3 months’ notice when they terminate the contract before 5 years.
Will my monthly rates remain the same in a life lease agreement?
Your monthly rates are based on the package that you opt for. Once a resident locks in a package offering, they pay the same rent rate each month. (Monthly charges remain the same but are subject to revisions if required by Amenida)
What life lease percentage do I have to pay at the beginning of my term?
The initial fee you pay as an investor and resident will vary according to the package you opt for. The packages are designed to meet the needs of most residents. Please contact Rosa Park, General Manager at Amenida, for further details.
What are the benefits of entering into a life lease with Amenida?
Here are some of the stand-out features that a resident enjoys as a part of Amenida’s life lease housing:
- No Rent Increase
- No Capital Depreciation
- No Strata Fees
- No Realtor Fees
- No Property Taxes
- Savings of up to $900 monthly, with accumulated savings up to $54,000 over five years!
- Money back guarantee (provided the resident gives 3-month notice in advance)
Who can benefit from life lease payment options?
Life lease payment options are beneficial for seniors who:
- Plan to sell their existing property or wish to downsize
- Seek senior housing for the long term
- Have financial stability
- Seek affordable community housing that gives them a sense of ownership
What amenities are available at Amenida if I decide to live there?
Our comfortable, home-like residences are wheelchair accessible and feature traditional designs with beautiful garden views and secure patios. Our priority is the comfort, safety, and well-being of our residents, so each pet-friendly private suite features an in-suite bathroom (with or without shower options available), a heat and smoke detector, and a 24-hour staff-monitored emergency response system. Check out our Suites & Accommodations page to learn more.
Do you have more questions? Click here to contact us
Hear From Our Residents
My time at Amenida Seniors Community has been nothing short of a transformative experience. The friendships I've formed here are beyond priceless; they are the heartbeats that make each day brighter. I’m incredibly grateful to have found such a loving and supportive community where I’ve made new friends and discovered the joy of giving back by volunteering to help others. I couldn't be happier—Amenida has become my second family.
AMENIDA RESIDENT
When I moved to Amenida for my golden years, it will be like stepping into a sanctuary of love and renewal. Amenida embodies the warmth of a loving embrace, the redemption of a journey fulfilled, and a place where both heart and spirit find healing. It's not just a home; it's a haven where every arch and corner echoes with care, comfort, and the promise of peace. Amenida is where the soul is nurtured, and the golden years truly shine.
AMENIDA RESIDENT
My experience at Amenida has been nothing short of amazing. The community is vibrant, and there’s always something to look forward to. The staff is dedicated and caring, ensuring that we live comfortably and happily. I’ve met some incredible people and have grown my circle of friends here, who treat each other like family. I love this community and am so thankful to be a part of this wonderful place.
AMENIDA RESIDENT
Living at Amenida Seniors' Community has brought so much joy into my life. The atmosphere is warm and inviting, and the staff goes above and beyond to make sure we are happy. My road to recovery has been a wonderful experience, and I have never been so motivated to walk again since I came to Amenida. The staff was instrumental in my quick recovery and always cared for me with such dedication. I’ve met some wonderful people here, and the sense of community is strong. It’s a place where I feel truly cared for.
AMENIDA RESIDENT
From the moment I arrived at Amenida, I felt a sense of belonging. The community here is so supportive and kind, and I’ve made friends who have become like family. The staff are incredibly respectful and caring, always going out of their way to make sure we are comfortable and happy. I truly feel respected and loved as a resident here. The activities and events keep us engaged, and I love how everyone looks out for one another. Amenida has truly become my home, a place where I feel valued and cherished every day.
AMENIDA RESIDENT
Moving to Amenida Seniors' Community was one of the best decisions I've made. Dax Camarsi was instrumental in making my transition smooth and joyous. His support and care during the move were exceptional, and I instantly felt at home. The community here is warm and welcoming, and I’ve made wonderful friends who have enriched my life. Every day brings new experiences and a deep sense of belonging that I cherish.
AMENIDA RESIDENT
Amenida Seniors' Community is everything I hoped for and more. The people here are friendly and welcoming, and there’s always something fun to do. I chose Amenida because I wanted to have an active and happy social life, and it has certainly delivered. The staff is attentive and caring, making sure we have everything we need to live comfortably. I’ve made a lot of friends here and have truly grown my family, as the community treats each other like family. I’m so glad I chose to make Amenida my home.
AMENIDA RESIDENT
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