Beulah Garden Homes (BG Homes) was founded in 1951 to provide affordable housing for seniors. For 65 years, BG Homes has operated with this foundational mission in mind. BG Homes is a part of the Canadian Baptists of Western Canada family. The community is currently made up of the Cedars Assisted Living (opened in 2008), Beechwood Residence (opened in 2006), Charles Bentall Residence (opened in 1991) and the Rupert Residence (opened in 1964). After many years of diligent work and prayers, construction has begun on Aspen Green, which will be the newest seniors’ residence to join the community.
Beautifully designed by Duane Siegrst AIBC of Integra Architecture Inc., Aspen Green will be built to meet LEED Gold certification. Aspen Green will feature a mix of 46 two-bedrooms and 8 one-bedroom residences, open-concept living, master ensuites, bright rooms, spacious storage and incredible amenities, designed for independent living for older adults. Surrounded by green spaces with spectacular views and an active social scene, Aspen Green offers urban living through its innovative approach with life leases.
Life leases at Aspen Green will add another dimension of seniors housing to Vancouver. Life tenants prepay a 29-year lease for the use and enjoyment of the property. A monthly maintenance fee takes care of the daily operations, such as landscaping and building repairs. While the land remains with Aspen Green, life leases provide independence without the stresses of home ownership, such as special assessments. There is no pressure of resale because the not-for-profit society purchases the lease back. This eliminates expensive realtor fees, while decreasing legal fees in half as well. Life tenants do not have to pay property transfer tax or GST on top of the purchase price. This concept secures lifelong tenancy while maintaining assets for future needs. Join us at Aspen Green – a community at its best.
Located at 3365 East 4th Avenue in Vancouver, Aspen Green is scheduled to be completed in November 2017. For more information, visit our website at aspengreenliving.ca or call Karen Schoeber and Yvonne Ho at (604) 255-3365.