Thank you for your interest in the St. Vital Knights Villa, our new Non-Profit Seniors
Phase II of our project has been be constructed adjacent to the existing river bank
seniors facility at 537 St. Anne's Road on the Seine River.
Phase II is a Life Lease project. This arrangement provides the benefits of renting
with the privileges of ownership. The Life Lease concept is explained in detail later in
All suites contain wall-to-wall carpeting, resilient kitchen and bathroom flooring,
ceramic bathroom wall tiles, grab bars, in suite storage and an emergency call system. The Ensuite storage area is equipped to accommodate a washer and dryer. All spaces within the
building; such as the lounge, entry and corridors and suites are supplied with heated or
air conditioned fresh air. Additional suite air conditioning is optional although suites
are provided with professionally installed and insulated through the wall air conditioning
sleeves to allow future installation as required.
Parking for residents and guests is located beside the building at grade level.
The building is attached to the east of the existing first Phase which is located at
537 St. Anne's' Road between St. Anne's' Road and the River Seine. The grounds are fully
landscaped and the City of Winnipeg has acquired river bank lands on the Seine River
backing onto our site for the development of a park. Wildlife (deer, fox, birds,
regularly forages on the acreage flanking the river bank wood lot.
The broader organization of the Knights of Columbus is well known for its commitment to local community
projects. The Knights of Columbus organization at large, as an active community leader,
has sponsored several of the finest Non-Profit seniors residential developments throughout
the Province of Manitoba, as a service to the community.
The "St. Vital Knights Villa" project is owned by the St. Vital Knights Inc,
a non-share capital corporation set up specifically to develop and operate this
project. The Board of Directors comprises of volunteer representatives from the
Knights of Columbus councils from the Parishes of St.
Eugene, St. Emile, and Christ the King Church in St. Vital, Winnipeg.
The Knights are strong supporters of the idea that a "home" is more than
simply a "shelter" and they continue to strive to develop facilities which
provide independence to Seniors along with the communal space where recreational and
social activities which promote a harmonious community can take place.
PROJECT AND PROGRAM
The St. Vital Knights Villa LIFE LEASE development
provides the benefits of Non Profit housing to Seniors who are not eligible for subsidized
rents. These are people, who through family changes or the burdens of house maintenance,
no longer need or desire to live in a traditional single family home.
The Life Lease Program provides quality, affordable, market-style accommodation managed
for the life of the project on a Not-For-Profit basis. Life Lease residents must purchase
a Lease which may be terminated by the resident with notice. The money invested in the
Life Lease is used to reduce the residents' monthly operating costs.
The building houses house forty-eight one and two bedroom suites in a variety of sizes
and designs. Wall-to-wall carpeting is provided in the bedrooms, living and dining areas;
with high quality resilient flooring in the kitchen and bathrooms to assure ease of
maintenance. Options for carpeting selections were available for first time residents
prior to construction completion in order to accommodate individual colour schemes and
All suites have been designed to be accessible by wheelchairs and bathroom tubs will be
fitted with grab bars for added safety.
The building provides forced air heat and air-conditioning with individual control of
supplementary suite heat. All suites, hallways and lounges are equipped with the most
modern of automatic smoke and fire detection and alarm equipment.
Hallways are positively pressurized to eliminate the migration of cooking odors into
the public spaces of the building.
A spacious multi-purpose amenity space has been designed within the building for the
sole use of the residents and includes kitchenette facilities, games room, lounge,
meeting/library, hair care, work shop, common storage space and exercise room.
The grounds of the project are professionally landscaped complete with an area designed
as "garden plots" to satisfy the horticultural pursuits of the residents (and
Surface parking with electrical service has been provided and a second parking stall is
available upon request for those households requiring an additional stall.
The St. Vital Knights Villa is owned and operated by the St. Vital Knights Inc., a
non-profit organization set in place for this sole purpose by the Knights of Columbus of
The Not-for-Profit corporation administers the financial affairs of the building on a
continuing non-profit basis throughout the life of the project.
A residents advisory committee plays an active role in the day-to-day operation of the
building for such matters as social and recreational programming.
Professional Management has been retained.
Residents of the Villa have an opportunity to participate at Board level by way of duly
elected Resident Representatives.
The Board serves without remuneration of any sort.
Professional property management services are
provided by Murdoch
The "Life Lease" strictly as a financial investment works for the tenant by
reducing the tenant's monthly operating costs. It may be compared to the way a down
payment works for a home owner when purchasing a house. The greater the down payment, the
less the capital borrowed by way of a mortgage, therefore, the less the monthly debt
service or mortgage payment.
A "Minimum Entrance Fee" amount is required to pay the proportionate share of
the buildings' costs. An amount greater than the minimum amount can be invested to further
reduce the operating costs of the Life Lease.