About Quarry Co-Operative Housing

What are the advantages of Co-operative Housing?

There are five important advantages that make Co-operative housing a more attractive alternative to owning or renting on the commercial market:

  1. Co-op housing fee only rise with increases in operating costs. Over time, charges become substantially cheaper than those in comparable private rental units.
  2. Co-op housing ensures an equal voice among residents in any decisions affecting their homes.
  3. Co-op housing provides a unique chance for people to build a real community. Through their working relationships within the co-op, members become aware of each other's needs and are in a better position to provide help and support when it's needed. This is done through education and participation.
  4. Members have the right to permanent residency. Only wilful and serious breach of the Co-operative's rules and regulations or occupancy bylaws will result in loss of this right. Such as: arrears of fees, not attending AGMs, lack of participation, etc.
  5. Members can move out at any time, provided that they give proper notice of 65 days to the end of the month.
InsuranceIt is MANDATORY that the members carry their own insurance on contents of their unit (liability, fire and theft). The co-op covers insurance on everything else.

By-laws, Rules & Regulations
  • Covers all aspects of Co-op housing
  • Special interest in the eviction procedure
  • a by-law book should be in every unit. If not, ask at the office for a copy.

More about the co-op