Yes, if the owner chooses to do so, they may rent their units on a monthly basis. We also expect many purchasers to make Academy Ridge their primary residence. Academy Ridge is very rare because it offers complete flexibility of ownership.

No.

No. Should owners wish to rent their homes, they can do so through either a rental management company of their choice or individually. Our Academy Ridge specialists will be able to refer you to our recommended preferred local property managers.

Strata fees are estimated to be approximately 15 cents per square foot per month. We are currently working on the Academy Ridge strata budget and this amount will be confirmed before we write purchase and sale agreements once we file our Disclosure Statement.

Each unit will come with two fully enclosed parking spaces. Further, Academy Ridge will have 27 visitor parking spaces throughout the community.

Only The Delta will have tandem garages; all other units will have side-by-side double garages. Please consider this option carefully to ensure it suits your lifestyle.

Yes, there will be two car charging systems available in two visitor parking spaces. Each unit can have an in-garage charging system as an upgrade.

• Initial Deposit: 5% of purchase price by personal cheque or bank draft upon writing the purchase and sale agreement
• Additional Deposit: 5% of purchase price on a firm contract.
• Balance: upon completion.

Academy Ridge will have a number of financial institutions offering financing options for our buyers that may vary based on the applicant’s personal finances. More details are forthcoming.

Yes, Academy Ridge will allow a reasonable number of pets. For the details please refer to the Disclosure Statement.

Yes, Academy Ridge will have bike racks throughout the community as well as a common area bicycle washing and maintenance station, accessible to all Academy Ridge residents.