Home Ownership at Watermark

 

Watermark offers an established home ownership structure that combines the advantages of freehold home ownership with the benefits of condominium living. At Watermark you own both your home and the lot it sits on.  As well, you also own an equal share of the common areas including the Community Centre, roadways and sewage treatment plant.

 

This established form of home ownership is commonly known as Freehold Condominium or Vacant Land Condominium and provides an economical way to share the cost of maintaining the common areas which are for the exclusive use of Watermark residents.

 

The municipality is responsible for full garbage and recycling collection as well as providing the community's water supply.

 

Freehold condominium tenure is the preferred choice of many communities like Watermark populated by individuals of similar interests and values.