Affordable sailing

Sailboats are expensive. Cooperative ownership offers a sensible, affordable alternative. Waterline offers it’s members one extended 5 day cruise in the busy summer season as well as day trips and other cruising opportunities throughout the year. Boat owners spend their spare time and/or money maintaining their investment; co-op members contribute 10 hours per year or pay $250 per year in lieu of maintenance.

Membership TypeInititation FeeAnnual DuesMaintenance DepositShares Total*Total
New Member$50$650$250$1000$1950**
Returning Member
completed previous year’s
maintenance hours
$0$650$0$0$650
Returning member
did not complete
previous year’s
maintenance hours
$0$650$250$0$900
*Shares are redeemable upon leaving the co-op provided one years notice is given and membership dues are paid for the year notice is given.
All prices in Canadian dollars