Multiplex housing coming to Vancouver Single Family Neighborhoods

Vancouver City Councilors have approved to amend zoning and development bylaws, to allow 6 units or 8 units if they are rentals on a single family lot. These sweeping changes will allow multi-unit dwellings in Vancouver neighborhoods where previously only single family homes have been allowed.

This change is aimed to encourage increasing density in areas where there is a lack of affordable and appropriate housing while maintaining the character of Vancouver neighborhoods.

Click here for the full article;

https://www.cbc.ca/news/canada/british-columbia/multiplex-housing-vancouver-1.6967977

If you are interested in how these zoning changes could potentially affect you or the value of your home, please feel free to contact me at anytime.