Westminster-Canterbury on Chesapeake Bay
3100 Shore Drive, Virginia Beach, Virginia 23451
- Operator:
- Westminster-Canterbury on Chesapeake Bay
- Ownership:
- Nonprofit
- Affiliation:
- Episcopal Diocese of Southern Virginia and Presbytery of Eastern Virginia (PC USA) — founders; not financially responsible (p14)
- Opened:
- 1982
Virginia non-stock 501(c)(3) corporation; owns the land and buildings (p3). Westminster Advantage contracts are lived out at Opus Select, an affiliated rental community owned by subsidiary Senior Options Community LLC (p21, p29).
- Type A (life care)
- Type B (modified)
- Type C (fee for service)
Figures from the 2026 disclosure statement (fiscal 2025 finances), filed with the Virginia State Corporation Commission, Bureau of Insurance.PDF
At a glance
Refund plans offered
- Refund Option 1 (Standard Contract)Can decline to nothing
- Refund Option 2 (50 Month Declining Balance)Can decline to nothing
- Refund Option 3 (80% Refundable)Never less than 80% of the fee
Days cash on hand
769 (FY2025, interim, unaudited)p. 199Its lenders require at least 120.Figures for Obligated Group (Westminster-Canterbury on Chesapeake Bay and Westminster-Canterbury Foundation)
Read the note on this figure
Coverage counts $30.6M of net entrance-fee proceeds as income and excludes Bay Tower start-up costs; maximum annual debt service includes a $12M guaranty for Opus Select but is before Bay Tower principal begins (2029).
Independent living occupancy
95% (2025)p. 201
Nursing care, CMS overall rating
5 of 5CMS data as of 2026-09-01
What care costs later
How each contract prices assisted living and nursing if you need them. The contract type decides most of what a long stay costs.
- Type A (life care): Moving to assisted living or nursing leaves your monthly fee essentially unchanged.
- Type B (modified): A set number of care days is included, or care is charged at a stated discount.
- Type C (fee for service): Care is charged at market rates when you need it.
How the contract types compare
Type A (life care)The filing calls it Lifecare (Type A) / True LifeCare; we class contracts by how care is priced (our definitions).
Under the standard (and 50-month, 80% refundable, Low/High EF) agreements, a member who moves to assisted living or the Health Care Center keeps paying the Monthly Fee for the apartment occupied at transfer, plus extra meals and ancillary charges (the 'True LifeCare' benefit). Westminster Advantage contracts at Opus Select carry the same care access at WCCB. For comparison, a direct admission to assisted living (Angler) costs a $188,500 entrance fee plus $10,423 a month (FY26, p184).p. 95
- Assisted living
- Same Monthly Fee as the residence occupied at transfer, plus additional meals and ancillaries
- Nursing care
- Same Monthly Fee as the residence occupied at transfer, plus additional meals and ancillaries
- Priority for a bed
- Yes, residents come before outside admissions
Type B (modified)The filing calls it Limited Healthcare (Type B) / Limited Medical Assistance Options 1 and 2; we class contracts by how care is priced (our definitions).
365 (Option 1) or 180 (Option 2) lifetime cumulative days of assisted living or nursing care are covered by the Monthly Fee; after that care is billed per day at the community rate (FY26: nursing $468-$472 a day private, skilled $558, enhanced-services studio $308; p35). Entrance fee is 4% (365-day) or 8% (180-day) below the standard fee.p. 168
- Assisted living
- Covered by the Monthly Fee for 365 or 180 cumulative days, then the daily community rate
- Nursing care
- Covered by the Monthly Fee for 365 or 180 cumulative days, then the daily community rate
- Care days included
- 365
- Priority for a bed
- Yes, residents come before outside admissions
Type C (fee for service)The filing calls it FFS / Limited Medical Assistance Option No. 3 (0 days); we class contracts by how care is priced (our definitions).
No care days are included: assisted living and nursing are charged per day at the community rate (FY26: nursing $468-$472 a day private, skilled $558, enhanced-services studio $308; p35), with the Monthly Fee continuing until the apartment is released.p. 172
- Assisted living
- Daily community rate
- Nursing care
- Daily community rate
- Care days included
- 0
- Priority for a bed
- Yes, residents come before outside admissions
| Independent living | 423 |
|---|---|
| Assisted living | 66 |
| Memory care | 14 |
| Nursing care | 108 |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
Standard Contract · Type A (life care) (13 prices, $188,500 to $2,415,000)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 1 (Standard Contract) | $188,500 to $266,200p. 180 | $94,800 |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 1 (Standard Contract) | $311,000 to $499,200p. 180 | $94,800 |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 1 (Standard Contract) | $579,800 to $676,800p. 180 | $94,800 |
| Studio (West Tower) | 393 | Refund Option 1 (Standard Contract) | $240,100p. 182 | $94,800 |
| 1 Bedroom (West Tower) | 574 | Refund Option 1 (Standard Contract) | $300,900p. 182 | $94,800 |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 1 (Standard Contract) | $476,100 to $650,400p. 182 | $94,800 |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 1 (Standard Contract) | $524,000 to $1,007,600p. 182 | $94,800 |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 1 (Standard Contract) | $552,900 to $1,236,100p. 182 | $94,800 |
| Studio (Bay Tower, opening 2027) | 710 | Refund Option 1 (Standard Contract) | $385,000p. 176 | $94,800 |
| 1 Bedroom (Bay Tower, opening 2027) | 710 to 2,020 | Refund Option 1 (Standard Contract) | $385,000 to $1,600,000p. 176 | $94,800 |
| 1 Bedroom/Den (Bay Tower, opening 2027) | 1,218 to 1,617 | Refund Option 1 (Standard Contract) | $677,600 to $963,900p. 176 | $94,800 |
| 2 Bedroom (Bay Tower, opening 2027) | 1,380 to 2,362 | Refund Option 1 (Standard Contract) | $839,300 to $1,499,400p. 176 | $94,800 |
| 2 Bedroom/Den (Bay Tower, opening 2027) | 1,910 to 2,867 | Refund Option 1 (Standard Contract) | $1,144,400 to $2,415,000p. 176 | $94,800 |
50 Month Declining Balance · Type A (life care) (8 prices, $198,900 to $1,304,100)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 2 (50 Month Declining Balance) | $198,900 to $280,800p. 180 | Not listed |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 2 (50 Month Declining Balance) | $328,100 to $526,700p. 180 | Not listed |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 2 (50 Month Declining Balance) | $611,700 to $714,000p. 180 | Not listed |
| Studio (West Tower) | 393 | Refund Option 2 (50 Month Declining Balance) | $253,300p. 182 | Not listed |
| 1 Bedroom (West Tower) | 574 | Refund Option 2 (50 Month Declining Balance) | $317,400p. 182 | Not listed |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 2 (50 Month Declining Balance) | $502,300 to $686,200p. 182 | Not listed |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 2 (50 Month Declining Balance) | $552,800 to $1,063,000p. 182 | Not listed |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 2 (50 Month Declining Balance) | $583,300 to $1,304,100p. 182 | Not listed |
80% Refundable · Type A (life care) (8 prices, $424,100 to $2,781,200)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 3 (80% Refundable) | $424,100 to $599,000p. 180 | Not listed |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 3 (80% Refundable) | $699,800 to $1,123,200p. 180 | Not listed |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 3 (80% Refundable) | $1,304,600 to $1,522,800p. 180 | Not listed |
| Studio (West Tower) | 393 | Refund Option 3 (80% Refundable) | $540,200p. 182 | Not listed |
| 1 Bedroom (West Tower) | 574 | Refund Option 3 (80% Refundable) | $677,000p. 182 | Not listed |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 3 (80% Refundable) | $1,071,200 to $1,463,400p. 182 | Not listed |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 3 (80% Refundable) | $1,179,000 to $2,267,100p. 182 | Not listed |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 3 (80% Refundable) | $1,244,000 to $2,781,200p. 182 | Not listed |
180 Days Limited Healthcare · Type B (modified) (8 prices, $173,400 to $1,137,200)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 1 (Standard Contract) | $173,400 to $244,900p. 180 | Not listed |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 1 (Standard Contract) | $286,100 to $459,300p. 180 | Not listed |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 1 (Standard Contract) | $533,400 to $622,700p. 180 | Not listed |
| Studio (West Tower) | 393 | Refund Option 1 (Standard Contract) | $220,900p. 182 | Not listed |
| 1 Bedroom (West Tower) | 574 | Refund Option 1 (Standard Contract) | $276,800p. 182 | Not listed |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 1 (Standard Contract) | $438,000 to $598,400p. 182 | Not listed |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 1 (Standard Contract) | $482,100 to $927,000p. 182 | Not listed |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 1 (Standard Contract) | $508,700 to $1,137,200p. 182 | Not listed |
365 Days Limited Healthcare · Type B (modified) (8 prices, $181,000 to $1,186,700)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 1 (Standard Contract) | $181,000 to $255,600p. 180 | Not listed |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 1 (Standard Contract) | $298,600 to $479,200p. 180 | Not listed |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 1 (Standard Contract) | $556,600 to $649,700p. 180 | Not listed |
| Studio (West Tower) | 393 | Refund Option 1 (Standard Contract) | $230,500p. 182 | Not listed |
| 1 Bedroom (West Tower) | 574 | Refund Option 1 (Standard Contract) | $288,900p. 182 | Not listed |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 1 (Standard Contract) | $457,100 to $624,400p. 182 | Not listed |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 1 (Standard Contract) | $503,000 to $967,300p. 182 | Not listed |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 1 (Standard Contract) | $530,800 to $1,186,700p. 182 | Not listed |
Low EF / High MF · Type A (life care) (8 prices, $113,700 to $1,065,700)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 1 (Standard Contract) | $113,700 to $176,300p. 180 | Not listed |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 1 (Standard Contract) | $222,700 to $387,600p. 180 | Not listed |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 1 (Standard Contract) | $459,900 to $544,900p. 180 | Not listed |
| Studio (West Tower) | 393 | Refund Option 1 (Standard Contract) | $153,900p. 182 | Not listed |
| 1 Bedroom (West Tower) | 574 | Refund Option 1 (Standard Contract) | $205,200p. 182 | Not listed |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 1 (Standard Contract) | $349,000 to $520,000p. 182 | Not listed |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 1 (Standard Contract) | $373,300 to $832,200p. 182 | Not listed |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 1 (Standard Contract) | $376,200 to $1,065,700p. 182 | Not listed |
High EF / Low MF · Type A (life care) (8 prices, $278,100 to $1,498,200)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (East Tower) | 432 to 567 | Refund Option 1 (Standard Contract) | $278,100 to $377,700p. 180 | Not listed |
| 1 Bedroom (East Tower) | 708 to 864 | Refund Option 1 (Standard Contract) | $421,800 to $648,400p. 180 | Not listed |
| 2 Bedroom (East Tower) | 899 to 1,469 | Refund Option 1 (Standard Contract) | $734,700 to $861,500p. 180 | Not listed |
| Studio (West Tower) | 393 | Refund Option 1 (Standard Contract) | $337,600p. 182 | Not listed |
| 1 Bedroom (West Tower) | 574 | Refund Option 1 (Standard Contract) | $411,700p. 182 | Not listed |
| 1 Bedroom/Den (West Tower) | 1,009 to 1,125 | Refund Option 1 (Standard Contract) | $629,000 to $819,500p. 182 | Not listed |
| 2 Bedroom (West Tower) | 1,190 to 1,677 | Refund Option 1 (Standard Contract) | $702,500 to $1,244,600p. 182 | Not listed |
| 2 Bedroom/Den (West Tower) | 1,427 to 1,841 | Refund Option 1 (Standard Contract) | $757,600 to $1,498,200p. 182 | Not listed |
Westminster Advantage — Standard Contract · Type A (life care) (5 prices, $247,300 to $554,800)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 1 (Standard Contract) | $247,300p. 187 | $77,400 |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 1 (Standard Contract) | $303,600p. 187 | $81,200 |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 1 (Standard Contract) | $367,300 to $387,900p. 187 | $81,200 |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 1 (Standard Contract) | $403,800 to $494,500p. 187 | $81,200 |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 1 (Standard Contract) | $510,100 to $554,800p. 187 | $81,200 |
Westminster Advantage — 50 Month Declining Balance · Type A (life care) (5 prices, $260,900 to $585,300)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 2 (50 Month Declining Balance) | $260,900p. 187 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 2 (50 Month Declining Balance) | $320,300p. 187 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 2 (50 Month Declining Balance) | $387,500 to $409,200p. 187 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 2 (50 Month Declining Balance) | $426,000 to $521,700p. 187 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 2 (50 Month Declining Balance) | $538,200 to $585,300p. 187 | Not listed |
Westminster Advantage — 80% Refundable · Type A (life care) (5 prices, $556,400 to $1,248,300)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 3 (80% Refundable) | $556,400p. 187 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 3 (80% Refundable) | $683,100p. 187 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 3 (80% Refundable) | $826,400 to $872,800p. 187 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 3 (80% Refundable) | $908,600 to $1,112,600p. 187 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 3 (80% Refundable) | $1,147,700 to $1,248,300p. 187 | Not listed |
Westminster Advantage — 180 Days Limited Healthcare · Type B (modified) (5 prices, $227,500 to $510,400)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 1 (Standard Contract) | $227,500p. 187 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 1 (Standard Contract) | $279,300p. 187 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 1 (Standard Contract) | $337,900 to $356,900p. 187 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 1 (Standard Contract) | $371,500 to $454,900p. 187 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 1 (Standard Contract) | $469,300 to $510,400p. 187 | Not listed |
Westminster Advantage — 365 Days Limited Healthcare · Type B (modified) (5 prices, $237,400 to $532,600)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 1 (Standard Contract) | $237,400p. 187 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 1 (Standard Contract) | $291,500p. 187 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 1 (Standard Contract) | $352,600 to $372,400p. 187 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 1 (Standard Contract) | $387,600 to $474,700p. 187 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 1 (Standard Contract) | $489,700 to $532,600p. 187 | Not listed |
Westminster Advantage — Fee-for-Service · Type C (fee for service) (5 prices, $207,300 to $514,800)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 1 (Standard Contract) | $207,300p. 187 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 1 (Standard Contract) | $263,600p. 187 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 1 (Standard Contract) | $327,300 to $347,900p. 187 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 1 (Standard Contract) | $363,800 to $454,500p. 187 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 1 (Standard Contract) | $470,100 to $514,800p. 187 | Not listed |
Westminster Advantage — 80% Refundable Fee-for-Service · Type C (fee for service) (5 prices, $466,400 to $1,158,300)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | 683 | Refund Option 3 (80% Refundable) | $466,400p. 187 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | 797 | Refund Option 3 (80% Refundable) | $593,100p. 187 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | 964 to 1,018 | Refund Option 3 (80% Refundable) | $736,400 to $782,800p. 187 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | 1,060 to 1,298 | Refund Option 3 (80% Refundable) | $818,600 to $1,022,600p. 187 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | 1,339 to 1,456 | Refund Option 3 (80% Refundable) | $1,057,700 to $1,158,300p. 187 | Not listed |
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
Standard Contract · Type A (life care) (14 prices, $3,419 to $13,139)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (East Tower) | Independent living | $3,419 to $3,942p. 178 | $1,793 |
| 1 Bedroom (East Tower) | Independent living | $4,157 to $5,281p. 178 | $1,793 |
| 2 Bedroom (East Tower) | Independent living | $5,480 to $7,513p. 178 | $1,793 |
| Skipjack (East Tower) | Independent living | $7,330p. 178 | $1,793 |
| Studio (West Tower) | Independent living | $3,659p. 178 | $1,793 |
| 1 Bedroom (West Tower) | Independent living | $4,154p. 178 | $1,793 |
| 1 Bedroom/Den (West Tower) | Independent living | $5,732 to $6,403p. 178 | $1,793 |
| 2 Bedroom (West Tower) | Independent living | $6,684 to $8,601p. 178 | $1,793 |
| 2 Bedroom/Den (West Tower) | Independent living | $7,668 to $9,274p. 178 | $1,793 |
| Studio (Bay Tower, opening 2027) | Independent living | $4,530p. 176 | $1,793 |
| 1 Bedroom (Bay Tower, opening 2027) | Independent living | $4,530 to $10,297p. 176 | $1,793 |
| 1 Bedroom/Den (Bay Tower, opening 2027) | Independent living | $7,297 to $8,827p. 176 | $1,793 |
| 2 Bedroom (Bay Tower, opening 2027) | Independent living | $8,087 to $12,526p. 176 | $1,793 |
| 2 Bedroom/Den (Bay Tower, opening 2027) | Independent living | $9,885 to $13,139p. 176 | $1,793 |
Low EF / High MF · Type A (life care) (9 prices, $4,103 to $11,129)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (East Tower) | Independent living | $4,103 to $4,730p. 178 | $1,793 |
| 1 Bedroom (East Tower) | Independent living | $4,988 to $6,337p. 178 | $1,793 |
| 2 Bedroom (East Tower) | Independent living | $6,576 to $9,016p. 178 | $1,793 |
| Skipjack (East Tower) | Independent living | $8,796p. 178 | $1,793 |
| Studio (West Tower) | Independent living | $4,391p. 178 | $1,793 |
| 1 Bedroom (West Tower) | Independent living | $4,985p. 178 | $1,793 |
| 1 Bedroom/Den (West Tower) | Independent living | $6,878 to $7,684p. 178 | $1,793 |
| 2 Bedroom (West Tower) | Independent living | $8,021 to $10,321p. 178 | $1,793 |
| 2 Bedroom/Den (West Tower) | Independent living | $9,202 to $11,129p. 178 | $1,793 |
High EF / Low MF · Type A (life care) (9 prices, $2,735 to $7,419)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (East Tower) | Independent living | $2,735 to $3,154p. 178 | $1,793 |
| 1 Bedroom (East Tower) | Independent living | $3,326 to $4,225p. 178 | $1,793 |
| 2 Bedroom (East Tower) | Independent living | $4,384 to $6,010p. 178 | $1,793 |
| Skipjack (East Tower) | Independent living | $5,864p. 178 | $1,793 |
| Studio (West Tower) | Independent living | $2,927p. 178 | $1,793 |
| 1 Bedroom (West Tower) | Independent living | $3,323p. 178 | $1,793 |
| 1 Bedroom/Den (West Tower) | Independent living | $4,586 to $5,122p. 178 | $1,793 |
| 2 Bedroom (West Tower) | Independent living | $5,347 to $6,881p. 178 | $1,793 |
| 2 Bedroom/Den (West Tower) | Independent living | $6,134 to $7,419p. 178 | $1,793 |
Fee-for-Service · Type C (fee for service) (9 prices, $2,644 to $8,499)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (East Tower) | Independent living | $2,644 to $3,167p. 178 | $999 |
| 1 Bedroom (East Tower) | Independent living | $3,382 to $4,506p. 178 | $999 |
| 2 Bedroom (East Tower) | Independent living | $4,705 to $6,738p. 178 | $999 |
| Skipjack (East Tower) | Independent living | $6,555p. 178 | $999 |
| Studio (West Tower) | Independent living | $2,884p. 178 | $999 |
| 1 Bedroom (West Tower) | Independent living | $3,379p. 178 | $999 |
| 1 Bedroom/Den (West Tower) | Independent living | $4,957 to $5,628p. 178 | $999 |
| 2 Bedroom (West Tower) | Independent living | $5,909 to $7,826p. 178 | $999 |
| 2 Bedroom/Den (West Tower) | Independent living | $6,893 to $8,499p. 178 | $999 |
80% Refundable Fee-for-Service · Type C (fee for service) (9 prices, $2,644 to $8,499)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (East Tower) | Independent living | $2,644 to $3,167p. 178 | $999 |
| 1 Bedroom (East Tower) | Independent living | $3,382 to $4,506p. 178 | $999 |
| 2 Bedroom (East Tower) | Independent living | $4,705 to $6,738p. 178 | $999 |
| Skipjack (East Tower) | Independent living | $6,555p. 178 | $999 |
| Studio (West Tower) | Independent living | $2,884p. 178 | $999 |
| 1 Bedroom (West Tower) | Independent living | $3,379p. 178 | $999 |
| 1 Bedroom/Den (West Tower) | Independent living | $4,957 to $5,628p. 178 | $999 |
| 2 Bedroom (West Tower) | Independent living | $5,909 to $7,826p. 178 | $999 |
| 2 Bedroom/Den (West Tower) | Independent living | $6,893 to $8,499p. 178 | $999 |
Westminster Advantage — Standard Contract · Type A (life care) (5 prices, $3,029 to $7,289)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | Independent living | $3,029p. 185 | $1,439 |
| 1 Bedroom (Opus Select, Westminster Advantage) | Independent living | $3,811p. 185 | $1,514 |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | Independent living | $4,693 to $4,978p. 185 | $1,514 |
| 2 Bedroom (Opus Select, Westminster Advantage) | Independent living | $5,198 to $6,456p. 185 | $1,514 |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | Independent living | $6,671 to $7,289p. 185 | $1,514 |
Westminster Advantage — Fee-for-Service · Type C (fee for service) (5 prices, $2,254 to $6,514)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | Independent living | $2,254p. 185 | Not listed |
| 1 Bedroom (Opus Select, Westminster Advantage) | Independent living | $3,036p. 185 | Not listed |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | Independent living | $3,918 to $4,203p. 185 | Not listed |
| 2 Bedroom (Opus Select, Westminster Advantage) | Independent living | $4,423 to $5,681p. 185 | Not listed |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | Independent living | $5,896 to $6,514p. 185 | Not listed |
180 / 365 Days Limited Healthcare · Type B (modified) (14 prices, $3,419 to $13,139)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (East Tower) | Independent living | $3,419 to $3,942p. 178 | $1,793 |
| 1 Bedroom (East Tower) | Independent living | $4,157 to $5,281p. 178 | $1,793 |
| 2 Bedroom (East Tower) | Independent living | $5,480 to $7,513p. 178 | $1,793 |
| Skipjack (East Tower) | Independent living | $7,330p. 178 | $1,793 |
| Studio (West Tower) | Independent living | $3,659p. 178 | $1,793 |
| 1 Bedroom (West Tower) | Independent living | $4,154p. 178 | $1,793 |
| 1 Bedroom/Den (West Tower) | Independent living | $5,732 to $6,403p. 178 | $1,793 |
| 2 Bedroom (West Tower) | Independent living | $6,684 to $8,601p. 178 | $1,793 |
| 2 Bedroom/Den (West Tower) | Independent living | $7,668 to $9,274p. 178 | $1,793 |
| Studio (Bay Tower, opening 2027) | Independent living | $4,530p. 176 | $1,793 |
| 1 Bedroom (Bay Tower, opening 2027) | Independent living | $4,530 to $10,297p. 176 | $1,793 |
| 1 Bedroom/Den (Bay Tower, opening 2027) | Independent living | $7,297 to $8,827p. 176 | $1,793 |
| 2 Bedroom (Bay Tower, opening 2027) | Independent living | $8,087 to $12,526p. 176 | $1,793 |
| 2 Bedroom/Den (Bay Tower, opening 2027) | Independent living | $9,885 to $13,139p. 176 | $1,793 |
Westminster Advantage — 180 / 365 Days Limited Healthcare · Type B (modified) (5 prices, $3,029 to $7,289)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Studio (Opus Select, Westminster Advantage) | Independent living | $3,029p. 185 | $1,439 |
| 1 Bedroom (Opus Select, Westminster Advantage) | Independent living | $3,811p. 185 | $1,514 |
| 1 Bedroom/Den (Opus Select, Westminster Advantage) | Independent living | $4,693 to $4,978p. 185 | $1,514 |
| 2 Bedroom (Opus Select, Westminster Advantage) | Independent living | $5,198 to $6,456p. 185 | $1,514 |
| 2 Bedroom/Den (Opus Select, Westminster Advantage) | Independent living | $6,671 to $7,289p. 185 | $1,514 |
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2026 | Independent living | All units | 3.57% | Percent onlyp. 37 |
| 2025 | Independent living | All units | 4.2% | Percent onlyp. 37 |
| 2024 | Independent living | All units | 4.7% | Percent onlyp. 37 |
| 2023 | Independent living | All units | 6.54% | Percent onlyp. 37 |
| 2022 | Independent living | All units | 1.35% | Percent onlyp. 37 |
| 2021 | Independent living | All units | 4.24% | Percent onlyp. 37 |
| 2020 | Independent living | All units | 4.81% | Percent onlyp. 37 |
| 2019 | Independent living | All units | 4.2% | Percent onlyp. 37 |
| 2018 | Independent living | All units | 3.78% | Percent onlyp. 37 |
| 2017 | Independent living | All units | 3.89% | Percent onlyp. 37 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
Refund Option 1 (Standard Contract)p. 161
If you leave in the first 48 months you get the entrance fee back less 5% and 2% per month, counted until a new member occupies your apartment; nothing after 48 months. On death, a refund (same formula) is paid only if death occurs within the first 6 months.
- Kept on move-in
- 5% of the fee
- Declines by
- 2% a month for 48 months
- Never less than
- Nothing: it can decline to zero
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Refund Option 2 (50 Month Declining Balance)p. 163
Entrance fee back less 5% and 2% per month (counted until a new member occupies the apartment) if the contract ends for any reason, including death, in the first 48 months; nothing after 48 months.
- Kept on move-in
- 5% of the fee
- Declines by
- 2% a month for 48 months
- Never less than
- Nothing: it can decline to zero
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Refund Option 3 (80% Refundable)p. 165
In the first 4 months the refund is the fee less 5% and 4% per month, counted until a new member occupies the apartment; after 4 months a refund of 80% of the entrance fee is paid on termination or death. The contract does not state when the 80% is paid.
- Kept on move-in
- 5% of the fee
- Declines by
- 4% a month for 4 months
- Never less than
- 80% of the fee
- Longest wait
- No limit stated
- Paid
- Not disclosed in the 2026 filing
Refund calculator
Estimated refund: $0 (0% of the fee)
When it is paid: when your unit is re-occupied and the new resident has paid. This applies the plan terms as recorded from the filing, counting a part month as a whole one. The signed contract governs, and charges you owe or care paid for from the fee can be deducted first.
How entrance-fee refunds work, and why the payment date matters
Finances
Whether the organisation behind the community has the cash and income to keep its promises for decades.
- Westminster-Canterbury on Chesapeake Bay is part of Obligated Group: Westminster-Canterbury on Chesapeake Bay and Westminster-Canterbury Foundation.
- Balance sheet: Westminster-Canterbury on Chesapeake Bay and Subsidiaries (consolidated).
- Ratios: Obligated Group (Westminster-Canterbury on Chesapeake Bay and Westminster-Canterbury Foundation).
- Ratios are interim figures, unaudited.
Days cash on hand
769 days FY2025p. 199
- Its lenders’ minimum: 120 daysp. 196
- Industry median: 321 days Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Debt service coverage
6.40x FY2025p. 199
- Its lenders’ minimum: 1.20xp. 196
- Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Read with these figuresCoverage counts $30.6M of net entrance-fee proceeds as income and excludes Bay Tower start-up costs; maximum annual debt service includes a $12M guaranty for Opus Select but is before Bay Tower principal begins (2029).
How to read these figures: what each one measures and why a lender’s minimum is a floor, not a target.
Balance sheet and trend
| Fiscal year | FY2025p. 43 | FY2024p. 199 | FY2023p. 199 | FY2022p. 199 | FY2021p. 199 |
|---|---|---|---|---|---|
| Days cash on hand | 769 days | 618 days | 479 days | 391 days | 472 days |
| Debt service coverage | 6.40x | 5.80x | 5.64x | 5.02x | 5.08x |
| Total assets | $806.4 million | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Total liabilities | $757.3 million | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Long-term debt | $532.8 million | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Entrance fees not yet earned (deferred revenue) | $149.3 million | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Refunds owed to residents (refundable fee liability) | $10.2 million | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Net position (assets minus liabilities) | $49.1 million | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Auditor: Plante & Moran, PLLC. Opinion: Unmodified (clean) opinionp. 43
Occupancy
Nursing care on campus
From CMS Care Compare, data as of 2026-09-01. These are the federal government’s ratings of the nursing center, not ours.
- Overall
- 5 of 5
- Health inspections
- 4 of 5
- Staffing
- 5 of 5
- Quality measures
- 5 of 5
Fines recorded by CMS: 0. WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY on Care Compare
CARF-accredited since 2024. Check on CARF’s site
In brief
Westminster-Canterbury on Chesapeake Bay is a nonprofit continuing care community in Virginia Beach, operating since 1982, with 423 independent living apartments, 80 assisted living units (14 memory care) and 108 nursing beds; a 226-apartment Bay Tower is under construction with move-ins expected in early 2027, and its pre-sale prices are listed separately. It sells life-care (Type A), limited-healthcare (180/365 days, Type B) and fee-for-service contracts; FY26 single-occupancy entrance fees under the standard contract run from $188,500 to $1,236,100 in the existing East and West Towers. For FY2025 the obligated group reported 769 days cash on hand and 6.40x debt service coverage against covenants of 120 days and 1.20x.PDF
Nearest communities in Virginia
- Harbor's Edge
Norfolk · 13 miles away
Entrance fee: $283,079 to $2,164,084
- The Chesapeake
Newport News · 24 miles away
Entrance fee: $149,000 to $855,000
- Warwick Forest
Newport News · 29 miles away
Entrance fee: $148,328 to $377,659
Sources
- Westminster-Canterbury on Chesapeake Bay — Disclosure Statement 2026Virginia State Corporation Commission, Bureau of Insurance · filed 2026, fiscal 2025 finances · 203 pages · retrieved 2026-10-15
Each page tab above opens this PDF at the page the figure came from. Spotted a figure that does not match its page? Tell us and it is checked against the filing.