Owners Associations Maintenance Fees

Sunset Lakes features the best of both worlds in home ownership. Attractive single family homes on large lots yield all the benefits of private home ownership. Also featured in the community are two lakes, jogging trails, tennis courts, swimming pool, a beach volleyball court, playground and more – all the benefits usually available only to collective ownership such as condominiums.

All common facilities are maintained by the Sunset Lakes Owners Association. The budget comes from a reasonable mandatory membership fee of $500.00 per year. This fee was recently increased from $450.00, the first fee increase since 2015 and only the second increase since 2010.

Payment Methods:

E-transfer to SLOA6798@gmail.com – it is set to auto-deposit, no password required IMPORTANT: in the e-transfer message please indicate the address of your property.
Mail a cheque in name of “SLOA” to 6798 Lakes Park Drive, Greely, K4P1M6

Please note that cash payments are no longer accepted.

The SLOA annual membership fee is due, in FULL, on or before April 1st of the year for which payment is being made. Owners who remit their payments after April 1st (late payments) will be assessed an additional $50.00 late fee. Mailed cheques will be considered “paid on-time” if the mail letter is postmarked April 1 or earlier.

All requests (invoices) to pay the annual maintenance are issued ONLY electronically, i.e. by email; with the initial email being sent out in mid-to-late April and reminder emails being sent out in May and/or June. Please note that:

each of these emails serve as a de-facto fee invoice, no further invoice will be issued;
it is not the responsibility of the SLOA treasurer or the SLOA board to either inform or remind residents about the need to remit the MF payment. Invoice emails are issued solely as a courtesy to residents.

In addition to the invoice emails mentioned above, a community-wide non-payment reminder email is typically sent in mid-to-late April, to ensure that homeowners who may have forgotten/neglected to submit their annual fee payment are reminded of their financial obligation to SLOA.

As mentioned above, the fee is due NO LATER THAN midnight, April 1st of the year for which payment is being made. Any payment remitted past this date WILL be subject to a late fee payment penalty. No grace period will be extended to those who remit their payment after the April 1st deadline and any payment received AFTER April 1st will be assessed the following late payment penalties:

Payments remitted after April 1st result in a $50 late penalty making the total fee payable $550.
On May 1st an additional $20 is added raising the total fee payable to $570.
On June 1st an additional $20 is added raising the total fee payable to $590.
On July 1st an additional $20 is added raising the total fee payable to $610.

In other words, if a resident is late by three (3) months or more in paying the SLOA annual maintenance fee, the total amount due for THAT year will be $610.00.

Finally, please note that when payment is received, NO receipts will be issued. It is the responsibility of SLOA residents to ensure that they retain a record of payment of their SLOA annual maintenance fee – if required for future reference.

All landowners in Sunset Lakes automatically become members of the Owners’ Association and are encouraged to get involved in the community.