Life Lease at Oasis Village Watrous
Invest in Comfort, Community & Peace of Mind
A Life Lease at Oasis Village Watrous offers the security of ownership, the simplicity of retirement living, and the connection of a caring community — all without the stress of property management.
What is a Life Lease?
A Life Lease is a unique form of senior housing where you pay an upfront entry fee and a predictable monthly fee to live in your unit for as long as you choose. When you leave, your equity is refunded (minus an admin fee), helping preserve your long-term financial well-being.
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It’s a smart alternative to owning or renting, designed specifically for seniors who value financial stability.
Available Life Lease Units
Choose from six thoughtfully designed, barrier-free floor plans.
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The Amazon Suite
Studio | 1 Bath | 300 sq ft ±
Designed for comfort and simplicity, the Suite offers studio living with an open layout and a private bath. Perfect for individuals seeking cozy, low-maintenance living in a bright and barrier free space.
The Manitou Suite
1 Bed | 1 Bath | 511 sq ft ±
With a thoughtful open layout, the Manitou suite offers extra space for residents who require separate living and sleeping areas. It includes a full bath, accessible design, and room to make it your own.
The Venn Suite
1 Bed | 1 Den/Bed | 725 sq ft ±
Elegant and comfortable, the Venn Suite includes one bedroom, one flexible space and a shared full bathroom. Its open-concept living space is designed for easy movement and day-to-day convenience.
The Plymouth Suite
1 Bed | 1 Bath | 425 sq ft ±
A welcoming retreat, the plymouth Suite combines privacy and function in a compact design. It features a comfortable living area, full bath, and flexibilty to create a personally designed livingspace .
The Lockwood Suite
1 Bed + Den | 1 Bath | 621 sq ft ±
The Lockwood Suite offers flexibility and light-filled living with a spacious den that can be used for guests, a hobby space, or a quiet office. It’s the perfect balance of independence and function.​
The Renown Suite
2 Bedroom | 840 sq ft ±
The largest of our layouts, the Renown Suite features two bedrooms and a generous living area. Ideal for couples or residents who want more. This suite offers comfortable, spacious living.
Concept Designs
Why Choose Life Lease?
Security of Tenure
Live in your unit for as long as you wish, with peace of mind and full access to community amenities.
Lower Monthly Costs
More affordable than full-market rent or the rising costs of home ownership.
Equity Preservation
Your initial investment is refundable when you move out, unlike rent.
No Maintenance Hassles
We handle all property upkeep and repairs — so you can focus on living well.
Predictable Living Expenses
Helps you plan your finances with confidence.
Community Lifestyle
A safe, social environment designed for aging in place and staying close to what matters most.
Not Sure if Life Lease is Right for You?
We’re happy to walk you through the model and help you explore whether it fits your goals.
