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 Type | Inititation Fee | Annual Dues | Maintenance Deposit | Shares 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 | |||||