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Designed to integrate wellness, senior living, and health retreats; Oasis Village at Manitou is an unparalleled experiential offering for thriving seniors. This five-story facility is developing on lake-front commercial property in the Resort Village of Manitou Beach, SK.
Design
Combined independent and assisted living
A healing haven for long-term residents
A health vacation destination for wellness
1.2 acres site secured in Manitou Beach, Saskatchewan
Organization
Limited partnership
40% equity and 60% financing
Progress
Feasibility Study
Land secured (400 block of MacLachlan Ave, Manitou Beach, SK.)
Preliminary building design
Development cost estimates
Corporate & financing structures
Development permit
Variance approved
Market Opportunity
Seniors seeking a natural, health oriented living with the same luxury and amenities as its “big city” counterparts.
Attractive to seniors – primarily from Alberta, Saskatchewan, Manitoba, and British Columbia.
Serving the growing demographic of seniors who lead independent, active, and healthy lifestyles with peers.
Investment Opportunity
The investment model is now being offered to qualified investors starting in Q4 of 2019.
Strong investment return potential and a 3-4 year time frame to exit.
Qualified investors are specifically defined by securities law.
The natural mineral waters of Little Manitou Lake promote wellness. First Nations People recognize the therapeutic natural medicines of the waters since before settlement. In the 1920’s Watrous Manitou boomed as a popular mineral spa & dancehall destination .
Increase in popularityTourists numbers not seen in over 80 years, 20% increase between 2018 and 2019
Population Increase – 22% permanent resident growth between 2011 & 2016
Convenient Country Livingwith 125 businesses operating in the Town of Watrous and Resort Village of Manitou Beach, residents enjoy convenient services. It has an established hospital, pharmacy, wheelchair accessibility community vans, library, groceries, hardware and building supply outlets.
Social Reasons:
Concern over senior citizens leaving community although most would prefer to live locally
Growing demand by seniors for modern accommodations with wider selection of amenities
Growing popularity of Health retreats
Economic Reasons:
Land is comparatively low-cost in Manitou
Developers & contractors offer competitive pricing due to current market conditions
Restoring Manitou Beach with post card worthy infrastructure
Number of seniors entering the market, low interest rates for borrowing,
Investors seeking better return opportunities with low market volatility
