WELCOME TO RAINBOW CIRCLE CO-OP
Affordable
Co-operative Housing
Rainbow Circle Co-op has been providing affordable co-operative housing in Scarborough since 1982. Our co-op is comprised of 94 town homes with both three bedroom and four bedroom units. We thrive on a strong sense of community spirit and take pride in bringing together people from a variety of social, economic and cultural backgrounds. The members of Rainbow Circle welcome you to our community.
WE ARE NOT ACCEPTING APPLICATIONS FOR 3 & 4 BEDROOM UNITS AT THIS TIME
HOUSING CHARGES
THREE BEDROOM
Electric heated townhouse - $1378
Gas heated townhouse - $1419
FOUR BEDROOM
Electric heated townhouse - $1469
Gas heated townhouse - $1509
CHARGES
Includes cable/internet & water
Utilities extra (Hydro, Gas, Hot Water Tank Rental)
Community Support
Benefit from our supportive community network that offers help and assistance when needed.
Maintenance Services
We provide efficient maintenance services to ensure a comfortable living environment for our members.
Security
Rest assured with our 24/7 security services for a safe living environment.
GALLERY
WHAT IS CO-OPERTATIVE HOUSING?
Co-op housing is an alternative for people who cannot afford individual home ownership but still wisht to have some control over their living environment.
The Co-operative 's Members, as a group, own and operate the Co-operative. They have final approval in most decisions involving the Co-operative's interests.
There are no outside investers or owners to provide housing related services to Members or derive a profit from Members. Thus, a Co-op can provide its Members with a home that's both affordable and secure.
Members of non-profit Co-ops do not buy or own their individual units. Rather the units are leased from the Co-op, which sets a housing charge to cover the costs. This means Members are not required to make any sizable investments to move into a Co-op, nor will they reap any financial gain when they leave.
What Members usually enjoy most about Co-op housing is the sense of communityh. The residents are more then neighbours, they are Co-op Memberfs, and foten find themselves working together on committees and special projects.
Co-op housing is not for everyone, but for those who wish to experience the true meaning of "Community Spirit," there is no better place to be than a Housing Co-op.
MEMBER TESTIMONIALS
