2023 RA Fees
Welcome to The Orchards RA! As a resident of The Orchards RA, you are automatically a member of the Residents Association. The ORA is a not-for-profit company, which is incorporated and professionally operated, managed, and maintained. This vibrant RA owns and operates, for the exclusive use of the members, the Club House facility and park, as well as various amenities and features within. In addition to supporting healthy living and enhanced quality of life, your RA creates opportunities to meet your neighbours and develop connections.
The payment of dues, which is reviewed and established annually, is secured by an Encumbrance (subject to upward adjustment for inflation) registered on the title of each member’s property. The Association, including the operation of the Orchards, is administered by a Board of Directors made up of Brookfield Residential and resident representatives.
Annual fees for 2023 are $404.24 plus GST.*The Encumbrance amount for each property is $550.00 per year and is subject to an annual adjustment by percentage increase, if any, of the Consumer Price Index (CPI) “All items” and GST. Based on resident feedback, we would like to give an early notice of The Orchards Residents Association Annual Fee for 2023. All fees that are paid in full by November 30, 2022 will be entered to win a Co-Op gift card of $300.
Fees can be paid online or in person at the Clubhouse. Click HERE to to view instructions for online fee payments using the invoice and access numbers found on your invoice. Please click HERE to pay your fees online.
Fees are due January 1.
On February 1 and March 1: Interest is applied to all outstanding accounts (5% per annum in excess of the prime rate of interest). Interest will be applied on the first business day of each month.
On April 1: Accounts are handed over to Orchards Residents Association’s legal counsel, Field Law LLP, for collections.
As well, please note:
- Legal costs association with the collection of fees, as determined by Field Law LLP, will be charged back to the homeowner.
- It is each homeowner’s responsibility to ensure that payments are received by the Orchards Residents Association, in full, by the due dates. Late payment charges will be applied to each account in arrears until full payment is received.