The annual housing charge increase has been 2-3 % over the last several years.Housing charges are lower than market value for the area. It is a safe building and family orientated area.Attractive area to reside including TTC at our door and within walking distance we have: Grocery stores Drug store Diverse eating establishments Coffee shops Community centre Library Churches of different denomination Banks Schools for all ages Parks
Members of the co-op have all expressed a willingness to be part of a diverse community and to participate in its success. The membership is made up of people from a variety of ethnic, cultural, lifestyle and economic backgrounds. Because there is no landlord, the members run the co-op and make all the major decisions. All members, aged 16 and over, have equal voting rights. At the General Members Meetings, for example, elections may be held for positions on the Board of Directors, or the Annual Operating Budget may be ratified. Members participate in various ways such as volunteering on co-op committees. Others show their commitment to the community by taking part in special projects, supervising children at play, planting beautiful gardens, picking-up litter and by otherwise being good neighbours.
Oak Street Housing Co-op, located in downtown Toronto, has provided quality, secure and affordable housing since 1985. The people who live here, or 'members,' run the co-op. Members have equal voting rights and make all major decisions. All members are expected to participate in the running of the co-op. Co-operative Housing Federation of Toronto and with the Co-Operative Housing Federation of Canada. The Co-op receives money from the Canada Mortgage and Housing Corporation (CMHC) to provide rent-geared-to-income assistance to some of its members.