Your Ideal Life Lease Home Awaits
Life Lease Units: Your Forever Home Awaits
Embrace Tranquility in Niagara. At Niagara Ina Grafton Gage Village and Stone Road Village, we provide an exceptional living experience in our life lease units, blending the comforts of home with comprehensive amenities tailored for seniors.

FINANCIALS
The life lease unit is fully paid for at the time of lease signing. We retain a depletion allowance of 3% per year for the first five years to a maximum of 15% when a unit is vacated. The remaining amount is returned to the senior or their estate.
LIFE LEASE RATES – STONE ROAD VILLAGE
Our current Life Lease Rates at Stone Road Village are as follows:
- 1 Bedroom Unit: $350,000
- 2 Bedroom Unit: $375,000
- 3 Bedroom Unit: $425,000
Monthly maintenance fee: $932 or $942 (with locker)
Includes: Utilities, Basic Cable, Property Taxes. Appliances NOT included.
LIFE LEASE RATES – NIAGARA INA GRAFTON APARTMENTS
Our current rates for Life Lease units at Niagara Ina Grafton Apartments are as follows:
- 1 Bedroom Unit: $275,000 – $300,000
- 2 Bedroom Unit: $325,000 – $335,000
- 3 Bedroom Unit: $375,000
Monthly Maintenance Fee: $987 or $998 (with locker)
Includes: Utilities, Basic Cable, Property Taxes, Furnace/AC system – Appliances NOT included.

LIFE LEASE BUNGALOWS
Our current rates for Life Lease Bungalows at Niagara Ina Grafton Gage Village:
- $375,000 (no garage)
- $400,000 (with garage)
Monthly Maintenance Fee: $860
Includes: Property Taxes, Basic Cable, Water, Furnace/AC System – Appliances NOT included.
Residents in Bungalows pay their own Gas, Hydro & Hot Water Tank Rental