Upgrade your lifestyle at Edgewood Suites in Dundalk by Flato Developments

Nestled in mature trees, in a quiet residential neighbourhood, is the first purpose-built apartment building to grace Dundalk in nearly 50 years. The peaked roofline, classic brick, stone and siding exterior, landscaping and wooden gazebo give the building a timeless feel. This hidden gem is Edgewood Suites – a 55-plus active adult lifestyle rental building by community builder, Flato Developments.

But I own my own home, why would I rent?

If you are an older adult, renting is an option you need to consider. Here are some points to ponder:
• A home that is fully paid for still has carrying costs, such as utilities, taxes, maintenance and insurance that can easily cost $20,000 or more per year.
• Purchasing a condo will reduce some maintenance, but the condo fees can increase dramatically with little warning.
• Preparing a family home for sale can be physically and mentally taxing. Taking on this task while you are in your prime allows you to have more control over the process.
• Consider your current home and push yourself to be realistic; can you age in this house? Consider the laundry, the bathrooms and how many stairs there are. Can you afford future modifications?
• Can you manage the daily maintenance, such as cleaning, snow removal, lawn and garden care, in addition to your personal care needs, without feeling exhausted and worn down?
• Does it feel like every time your children or family members come by, they spend the time doing tasks instead of visiting?
• Survey the major items in your home and consider when they will need upgrades. Roof, windows, furnace, plumbing, appliances and foundation can all be costly items to repair, and you need to have those funds available on short notice to prevent your home from falling into disrepair and loosing value. It can be lucrative to sell before these items need replaced.
• Selling your family home can free up your hard-earned money to spend, invest or gift as you see fit. If you’d like to help family with a down payment or education costs, travel or support a charity, consider converting your home equity into cash assets.
• Do you dream of a vacation property? Renting your primary residence can allow you to indulge in a fishing cabin, a beach house or an annual vacation that you might otherwise never realize.

Renting relieves the burden of property maintenance, and the financial stress of unexpected home repairs and upgrades. Renting allows you to use your equity now, to live your best years in full. Edgewood Suites is a lifestyle opportunity for older adults to live better and remain in your home for years to come. Our Concierge service can help connect you to local resources for additional care as your needs change.

Upgrade your lifestyle

There is a common misconception, perpetuated by the term “downsizing,” that suggests it’s a downgrade or loss when you choose to move from a large single-family home, into space more suited to an older adult lifestyle. Edgewood Suites disproves this idea at every corner.

Living in Edgewood Suites, you gain a community of peers. You gain social programming such as wine tastings, bus tours, walking groups, weekly potluck dinners and friendly faces in the lobby. You gain a maintenance-free lifestyle where you can enjoy the grass without cutting it, and watch the snow fall without shoveling it. You gain amenity spaces such as a gym, library and faith room for everyone to use. You gain the games room and common dining area where 14 or more of your family and friends can all break bread around the same table. Think you will miss your spare bedroom? We have a guest suite available for tenants’to host overnight stays. Two patios and a gazebo add outdoor space to take in the sun, the seasons and the colours.

Edgewood Suites features 80 individual rental apartments. Kitchens feature classic white or chocolate brown shaker style cabinets, granite countertops, undermount sinks, pull down faucets, and stainless steel stove, fridge and dishwasher. Function and style carry through to the bathrooms, featuring sleek granite, chrome grab bars and spacious walk-in showers. High ceilings and oversized windows allow natural light to bathe the space. Wood grain flooring runs throughout living area and bedrooms and units feature large windows and a garden door onto private patio or balcony space. Every suite has personal HVAC units and water heaters, with in unit laundry for the ultimate in control and convenience. All units are barrier-free, meaning wide doorways and easy to navigate floor plans. Modern, understated elegance permeates these well-appointed units. Floorplans include studio, one- and two-bedroom options from $1,594, including utilities.

Upgrade to a Flato lifestyle and come home to Edgewood Suites.

For more information, email info@edgewoodsuites.ca, call 226.274.5008 or visit edgewoodsuites.ca.