QUALICUM BEACH – Work is underway in Qualicum Beach on a new 56-unit apartment and townhome development that will provide affordable rental housing for families, seniors and individuals with low to moderate incomes.
Located at 136 Village Way W., The Residences at Qualicum Station is a four-storey woodframe building that will have a mix of studio and one-, two- and three-bedroom apartments, as well as seven three-bedroom townhomes.
The building is next to a community garden and within walking distance of schools, medical facilities and public transit.
Qualicum Parksville Kiwanis Housing Society will own and operate the new homes, which were designed to foster a sense of community.
“We are pleased to bring another 56 units of affordable housing to Qualicum Beach, and this development will be of tremendous benefit to our community and its housing needs,” said Scott Rodway, president, Qualicum Parksville Kiwanis Housing Society. “We would like to thank the residents of Qualicum Beach for their support in the development of The Residences at Qualicum Station and to acknowledge the assistance of the Province, BC Housing, the Canada Mortgage and Housing Corporation, the Federation of Canadian Municipalities and the Town of Qualicum Beach.”
Residents are expected to start moving into their new homes in early 2025.
“We are grateful to the Qualicum Parksville Kiwanis Housing Society and BC Housing for their integral roles in bringing The Residences at Qualicum Station to fruition,” said Teunis Westbroek, mayor, Qualicum Beach. “Together, we are working to building a welcoming community that is affordable for all residents.”
The Province contributed $6.3 million to the project through the Building BC: Community Housing Fund and will provide an annual operating subsidy of approximately $313,000. The Town of Qualicum Beach provided the project land, valued at $3.3 million, and has leased it to the Qualicum Parksville Kiwanis Housing Society for a nominal fee. The federal government, through the Canada Mortgage and Housing Corporation, provided $92,000 in seed funding.
Business Examiner Submitted