Newsletters

Newsletter # 16– November 2018

Hi Everyone,

Welcome to our November 2018 Newsletter.

Rendez-Vous Estates Information Meeting For You

Open to the Public – All are Welcome!

When:  Wednesday November 7, 2018 @ 7 P.M.
Where:   Club des Blés d’Or Hall – 1254 Dawson Rd, Lorette

If you are unable to attend or you would like more information, please check our website at www.rendezvousestates.ca  or email us at Info@rendezvousestates.ca


Fund Raising Event- Sisters of the Holy Rock

“Thank you to the Club Des Blés d’Or and the Knights of Columbus”

 

The Sisters of The Holy Rock – Dinner & Show Fund Raiser on September 15 was a huge success.

Thank you to everyone that bought tickets and supported the evening. A special thank you to

Eveline Foisy, Michelle Tremorin, Henri Chartier and their teams for their time and efforts on providing a great event.



Marketing

We recently signed a 1-year agreement with Dan Vermette of ReMax Realty to market Rendez-Vous Estates.
Dan will provide his professional services in real estate marketing, MLS exposure and redirect interested seniors to our sales team to select their suite.
Dan can also provide our signed up residents with one on one guidance and information on selling their homes.
Welcome to our team Dan!

 

 

 

 

 

 

 

 

 

Office 204-255-4204
Cell 204-227-3900
Email: dan@danvermette.com


CMHC National Housing Strategy Program

Our application for the CMHC Co-Investment Fund program this past spring, for
capital funding and low-cost financing was declined. There were several factors for
their decision.

We are currently reviewing CMHC’s new program called the Rental Construction
Financing. The Rental Construction Financing provides low-cost loans to
encourage the construction of rental housing.

______________________________________________________________________________________________________________________________________

Occupancy Fee Reduction Plan (Optional)

Purpose: To provide members with an opportunity to lower their monthly occupancy fee. Many residents who are selling their homes, have to decide where to invest their surplus sale proceeds. Rendez-Vous Estates Occupancy Fee Reduction Plan provides an attractive option. Funds will be required no later than the resident’s move in date.

  • Residents interested in reducing their monthly occupancy fee, can request the optional Occupancy Fee Reduction Plan. The amount will be based on the invested amount @ the current Rendez-Vous Estates Mortgage interest rate. The calculated amount will be applied as a reduction to the monthly occupancy fee.

Benefits

  • Reduced monthly occupancy fee
  • Return on investment much higher than offered by your financial institution
  • 100% refundable when you vacate the premises

Example:
Rendez-Vous Estates Mortgage Interest Rate @ 4.5%
Resident deposits $100,000, Calculation: $100,000 @ 4.5% = $4,500 / year
The resident’s monthly occupancy fee is reduced by $375 (See fee table)

ESTIMATED MONTHLY OCCUPANCY FEES

Suite Name
# Available        Size (Sq. Ft)     Estimate Occupancy Fee   
 Estimated Occupancy  Fee With $100,000
 Reduction Plan
 Beaujolais         6      805   $1,157   $   782
 Cabernet         3      950   $1,366   $   991
 Merlot         2   1,021   $1,468   $1,093
 Bordeaux       18   1,050   $1,510   $1,135
 Sauvignon         2   1,150   $1,653   $1,278
 Chablis         2   1,221   $1,756   $1,381
 Burgundy         6   1,250   $1,797   $1,422
 Champagne         2   1,332   $1,915   $1,540

PROJECT DEVELOPMENT BUDGET COSTS

  1. Project Costs
 Land & Site Costs $      458,300
 Construction $ 10,663,203
 Soft Costs $   1,909,170
 Contingency $      260,000
Construction Loan Interest $      214,813
              Total Costs $ 13,505,486
  1. Funding
Membership Shares $   4,510,000
Grants $         36,000
Donations $       275,000
Mortgage $    8,684,486
              Total Funding $ 13,505,486

Accepting Resident Waiting List Deposits of  $1,000 (100% Refundable)

Select your new suite today!
Pre- Selling $110,000 Membership Shares (100% Refundable).

Southeast View:


Contact us at Info@rendezvousestates.ca or
phone  @ 204 961-1442.


 Membership Share Purchase

At the Co-op’s request, Caisse Financial Group in Lorette, developed specifically for our residents, a financial package to facilitate the purchase of a Membership Share: A Take Out Equity Mortgage for residents who wish to use the equity of their home for the purchase of their Co-op Membership Share, along with other benefits. No payment required to a maximum of 20 months; only a lump sum payment upon receipt of sale proceeds from the sale of your house.

Should you require further information, please do not hesitate to contact myself or anyone on the Steering Committee.

Leo Desmarais
Chair
Taché Seniors Non-Profit Housing Cooperative Inc.
Info@rendezvousestates.ca

 

Steering Committee:

Chair              Leo Desmarais             ph- (204) 961-1442      Email: leoandsuzie@gmail.com
Vice-Chair      Colette Audette         ph- (204) 583-8968      Email: caudette@mymts.net
Treasurer       Roger Prévost             ph- (204) 878‐3675     Email: Roger@calpen.com
Secretary        Eveline Foisy

Members:

Jacques Champagne                     Michelle Trémorin
Jacques Lavack                              Claude Jeanson
Robert Toutant                              George Dupuis
Isabelle Aubin                                Gisele Chartier
Lucie Gregoire Chartier

Board of Directors:

Leo Desmarais                              Roger Prevost
Erika Wehrle                                 Denys Audette
Michelle Tremorin

Professional Support:

C.D.E.M.:       Jean-Michel Beaudry
Project Dev.   ReSolve Group
Architect:       Verne Reimer Architecture
Website:          Isabelle Aubin
Legal :             Alain Laurencelle, Kristen Wittman – Taylor McCaffrey
Accountant:   Talbot & Associates

Note:
The Steering Committee is group of volunteers from the community that want to make a positive difference for seniors.

We welcome new members to our committee.

Should you be interested in assisting us, please contact Leo @ 961-1442.

Help us make a difference!

Copyright © 2018 Rendez-Vous Estates, All rights reserved.
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Rendez-Vous Estates
Box 144B, RR #2
Lorette, Mb R0A0Y0
Canada

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