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Finances

Getting Started | Making The Transition | Finances

Will my rent increase and how often?

Typically the rent increases annually.

Making The Transition | Finances

Are there other costs in addition to the monthly rent?

In most communities the cost for cable, telephone, renter’s insurance and extra care services are in addition to your monthly rent.

Getting Started | Finances

Are there subsidies or other financial assistance available?

Yes, in some provinces there are subsidies for Retirement Living.  There is also assistance through Veterans Affairs.  In addition, there is a federal tax benefit available for a portion of your monthly rent.

Getting Started | Finances

Can I afford to live at a Verve community?

Everyone’s needs and financial situations are different. Use our handy Affordability Calculator to see if Verve is right for you.

Interested in touring one of our retirement residences?

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