90% Refundable Entrance Fee at Charlestown

There are two costs associated with our Catonsville community. The first is a one-time 90% Refundable Entrance Fee.*

What is the 90% Refundable Entrance Fee?

This one-time payment secures your Catonsville senior independent living apartment home for as long as you live there. 


How Does the Refund Process Work?

  • If you ever decide to leave Charlestown, 90% of your entrance fee will be returned to you.
  • If you spend the rest of your life here,  90% of your entrance fee will be returned to your beneficiaries.
  • Should your health needs ever change while you’re living here, you can access up to 90% of your entrance fee to cover qualified health services expenses.

All of the details are outlined in our Residence and Care Agreement which we’ll be happy to share with you.

When you sit down and work out the cost of maintenance, repairs, and everything that’s included here, it is a very good value.
Joseph Schlicht

Sample Pricing

Prices accurate as of January 1, 2017. A wide variety of floor plans are available with specific pricing determined by size, style, and special features.

Apartment Home TypeEntrance Fee Range
Deluxe studio$84,000–$128,000
Large one bedroom$165,000–$208,000
Extra large one bedroom with den$244,000–$272,000
Two bedroom, one bath$240,000–$278,000
Two bedroom, two bath$294,000–$501,000
Luxury two bedroom, two bath with sunroom and/or den$419,000–$612,000

*Carefully read the Residence and Care Agreement for the conditions that must be satisfied before the Provider is required to pay the Entrance Fee Refund.