Why pay rent when you can buy for less?

Posted over a month ago
81 Ten Mile Road, Whitehorse Y1A 6P1 YK, Canada(View Map)
  • Bedrooms
  • Bathrooms


You could buy 17.9% of a 20 acre cohousing property in less than 10 years, for less than most rents. Private financing available at less than bank mortgage rates. For Sale: $139,000 for 17.9% share in co-operative housing on 20 rural residential acres, 30 min. drive to downtown Whitehorse, 1 km off the Mayo Road, near Yukon River and Shallow Bay. Your second floor private suite is 340 sq ft and has a sink, toilet, shower/bathtub; 2 north facing windows (1 opens) and an east facing opening window with a mountain view. Includes shelves, bookcases and closet unit; other furniture can be included. Two other private suites and a shared guest room are on the second floor. The ground floor is all shared and has washer & dryer, full kitchen, living / dining room, bathroom and guest room. The shared workshop and unheated storage area are in the other residential building. All the owners also share the well, extensive vegetable gardens and a greenhouse. Wireless internet is not included but can be shared. The 2 residential buildings have been retrofitted with in-floor hot water heating from an external woodboiler, strawbale insulation and stucco exterior - the second floor has stucco interior walls. Before the sale, you would agree to and sign the operating agreement and values. In addition to the purchase price, you would contribute condo-like monthly fees that are set at the annual AGM - they are currently $300 / month which pays for property taxes, insurance, maintenance, heat and hydro. You would also contribute 10 - 15 hours of work and meetings each month. Currently there are 4 other owners, 3 dogs and a cat on the property. There is capacity for horses. No smoking in the buildings.

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