Northwood Community

A resident-owned community

How much does it cost to live in Northwood?


Community members decide whether to increase the rent and by how much.

  • Each Member household pays three charges.
  • The first is the Application Fee of $25 for each adult in the home.
  • The second charge is one-time Membership Deposit. And, Members get their Membership Deposit back if they sell their homes.
  • The third charge is the lot rent that is collected monthly to pay for operating expenses like taxes, insurance, trash/recycling collection and the Corporation’s mortgage payments. Lot rent is currently $340 per month.
  • We now have control over when and why our rent changes.
  • Find out more about the application process here.