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Life Lease at Oasis Village Watrous

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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.

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Available Life Lease Units

Choose from 4 thoughtfully designed, barrier-free floor plans.
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The Manitou Suite

Studio | Kitchenette | 360 measured sq ft 

Designed for comfort and simplicity, the Manitou 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 Renown Suite

1 Bedroom | Kitchenette | 480 sq ft 

With a thoughtful open layout, the Renown suite offers extra storage and space  for residents. It includes a roomy bedroom, a full bath, accessible design, and room to make it your own.

The Venn Suite

1 Bedroom | Kitchenette | 409 sq ft

A welcoming retreat, the Venn Suite combines privacy and function in a roomy design. It features a comfortable living area, full bath, and flexibilty to create a personally designed livingspace .

The Lockwood Suite

2 Bedroom | 2 Bath | 788 sq ft 

Elegant and comfortable, the Lockwood Suite offers flexibility and light-filled living with a 2 bed, 2 bath design that provides plenty of living space and privacy when you need it. It’s the perfect balance of independence and function.​

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.

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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.

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