Buying a Share

  1. Access to the facilities at the Windermere Aquatic Club is available only to Members who purchase a share in the Club for $190. This is a one-time charge. The full value of $190 will be reimbursed when you sell your share in a future year.

  2. When purchasing a new share, an administration fee of $60 is applied. This specific fee is a non-refundable, separate, one-time charge which is not reimbursed when your share is sold.

  3. In the first year, and in all subsequent years, a Member must pay Annual Dues at a level corresponding with their Membership Class. There are five Membership Classes, described on our Memberships page. Please refer to the "Typical Example" provided below.

  4. Shares are allocated on a first-come, first-serve basis - no exceptions. There is a fixed number of shares dictated by the club's by-laws.


Typical Example for new Member

If you are buying a new Membership for the upcoming season, the initial costs will thus be:
  1. Share purchase: $190

  2. Administration Fee: $ 60

  3. Annual Dues: this amount varies with the Membership you select. For many families paying on or prior to Registration Day, the amount is $ 425.

In the second and subsequent years, a Member pays only the Annual Dues (again, variable, but for most families that will be $425).

Note that an "late payment fee" of $50 is applied if the Annual Dues are paid after Registration Day (typically the first Saturday in May at the chalet of Windermere Park).

Selling a Share

A share can change ownership only when there is both a buyer and a seller for that share. It is not possible for a Member to sell a share directly to another party. All share transfers must be managed by the Club. Details are provided on the Selling your share page.



Related Pages
Benefits of Membership

Types of Membership & Fees

Visitors to WAC

Selling Your Share

New Member Application

Registration Day