Shepherd Gardens Description

Address: 115 Bonis Avenue, Toronto, ON, M1T 3S4 

Shepherd Gardens, built in 1999, is a life lease residence with 115 modern, spacious one and two bedroom units, some with dens. Units range in size from 679 to 1284 square feet. It is located at 115 Bonis Avenue in Toronto, beside the Agincourt Mall, south of the Tam O’Shanter Golf Course, and near the Agincourt District Library, Stephen Leacock Community Centre, and Scarborough Grace Hospital.

Residents of Shepherd Gardens have exclusive lifetime use of their units, under a Life Lease Occupancy Agreement, and have input into the operation of the complex through a Residents’ Council together with Shepherd Village Management which forms the nucleus of this not-for-profit venture.

When selling their life interest in Shepherd Gardens, the occupants retain 90% of the value of their Life Lease. Residents of Shepherd Gardens enjoy many of the same benefits of home ownership without the worries and responsibilities that maintaining a home can entail.

This Life Lease concept is especially suited for today’s active adults who wish to devote more time to the things that are important to them without the concerns of home maintenance and personal security. As one of four buildings at Shepherd Village, Shepherd Gardens is a non-smoking, alcohol-free setting for ages 65 plus.