Student housing co-operative
Neill-Wycik is unlike any other student residence or apartment you might be considering for your post-secondary home. It’s a co-operative, which means you’ll become a member invested in the welfare of the building and a contributing participant to the community within it. Let’s take a closer look at what that means before you decide to apply.
Here are some important things that make us different from others:
Co-ops are collectively owned businesses governed and operated by its members. That means Neill-Wycik is a non-for-profit living space, and that your rent goes back into the building rather than a landlord’s pocket. If you live here, you’re an owner, invested in the maintenance and operation of a building located in the centre of it all in downtown Toronto.
If you’re a member of the co-op, you have a voice in the decisions that affect both the Neill-Wycik building and the community. You’re encouraged to contribute your ideas and become involved in making Neill-Wycik a fair and inclusive place to live, which means involvement in its democratic process of governance.
The trade-off for lower-than-market rent is balanced by your offering of time. As a member of Neill-Wycik, you’ll contribute your efforts and energy to the maintenance of the building to help keep the place you own looking and working at its best.
Live by the principles
Neill-Wycik honours the principles set by the founding institution of co-operative living, The Rochdale Society of Equitable Pioneers, and they’re at the heart of everything we do.
The Wycik Principles:
Voluntary and Open Membership
Democratic Member Control
Member’s Economic Participation
Autonomy and Independence
Education, Training, and Information
Cooperation Among Cooperatives
Concern for Community
If all of this sounds like the kind of living experience you’re excited about, we invite you to come live with us.