The vote wasn’t unanimous, but the Vision-dominated council was able to pass the regulations that waive development cost levies – fees that go towards city services such as parks, recreation and childcare – for rental buildings that include three-bedroom units if builders promise to keep rents below certain levels and secure the units as rentals for 60 years or the life of the building.
http://metronews.ca/news/vancouver/1380266/vancouver-approves-rules-to-encourage-three-bedroom-rental-units/
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ASKING $1,328,000
16-4411 WILLIAMS ROAD, RICHMOND BC (click on image for details)
Photo courtesy of TOURISM VANCOUVER
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