Townsend Meadows is the ideal destination for
anyone 55 years or older who is looking for an exclusive retirement development in a caring community
of like-minded neighbours. Enjoy all the conveniences of your family home without any of the
maintenance and security concerns.
Townsend Meadows has come about through the initiative of a number of community members who wanted to create a non-denominational, accessible seniors development and provide a housing alternative that would help keep retirees in Forest. Townsend Meadows offers an opportunity for private independent living in the social and supportive atmosphere of small town living. There is a selection of floor plan sizes to choose from. You enjoy a lifestyle free from the day-to-day worries of maintenance and security. We cut the grass and shovel the snow and you have the freedom to lock the door and go and spend time on things that are important to you.
Townsend Meadows is a resident-funded housing alternative called Life Lease which is the emerging lifestyle option for today's retiree. The owner of a Life Lease has the exclusive right to occupy the unit they purchase and to use the common facilities for as long as they desire or are able. When the owner decides to sell their unit, it is offered for sale at the market value. Anadministrative fee of 5% of the selling price is payable to Townsend Meadows upon completion of Unit transfer. Today's seniors are able to protect their investment and earn a return similar to the equity growth in their home without the headaches associated with the maintenance of their property. Purchasing a Life Lease in Townsend Meadows is smart retirement planning.
Townsend Meadows is conveniently located on Townsend Line in northwest Forest close to grocery
shopping and minutes from downtown services. You can be reassured to know that your new neighbours
in Townsend Meadows likely share many of the same interests as you do. If your roots are in this area,
Townsend Meadows in friendly Forest is the perfect solution for your long term retirement housing needs.
To learn more about this exciting new lifestyle community designed specifically for you, call and arrange
a meeting. We hope you become part of Townsend Meadows.
Chair, Forest Non-Profit Seniors Housing