Living in the Capital region is becoming increasingly unaffordable for many people. The creation of affordable housing helps to ensure that more people have the dignity that comes with a place to call home. All Cool Aid development proposals now include a portion of affordable housing. We have 220 new homes currently under development.
Now accepting applications for our new, mixed-use affordable housing at 210 Gorge Road. Studio and one bedroom, including wheelchair accessible options, are available.
*some units partially adapted for accessibility
To qualify for housing at 210 Gorge, applicants must have income that does not exceed the limits below, as set by BC Housing:
For residential units with less than two (2) bedrooms, a gross household income that does not exceed the median income for couples without children in BC, as determined by BC Housing from time to time. For 2024, this figure is $84,780.
For residential units with two (2) or more bedrooms, a gross household income that does not exceed the median income for families with children in BC, as determined by BC Housing from time to time. For 2024, this figure is $134,140.
The minimum income limits are suggested levels to ensure rent does not exceed 30% of annual income. There is flexibility with regard to minimum gross income and Cool Aid will assess this on a case-by-case basis.
Rental rates:
Non-smoking building. All units have showers only. Limited parking available for additional cost. Utilities not included. On site coin laundry. Pets considered on case-to-case basis – additional deposit required.
Apply here
Affordable Apartments
210 Gorge Rd East, Victoria
An opportunity to rent a piece of Victoria’s history! Mount Edwards Court was one of the first apartment buildings in the city and features a beautiful courtyard filled with cherry trees.
The third floor has been turned into affordable apartments for independent singles and couples 55+. There are two studio apartments and 13 one-bedroom apartments available for seniors ($800-$1020).
The property is close to Pioneer Square, YM/YWCA, shopping, the main library and other downtown amenities.
For more information contact affordablehousing@coolaid.org or call 250-414-4789 weekdays.
To qualify for housing at Mount Edwards, 3rd Floor, applicants must have income that does not exceed the limits below, as set by BC Housing:
For residential units with less than two (2) bedrooms, a gross household income that does not exceed the median income for couples without children in BC, as determined by BC Housing from time to time. For 2024, this figure is $84,780.
Apply here
Seniors Affordable Housing
1002 Vancouver Street, Victoria
"People’s perceptions of homelessness are often inaccurate. Every deliberate action can be placed on a continuum between choice and circumstance. Some people are fortunate because their circumstance places few restrictions on their choice. For others, circumstance is a burden nearly too heavy to bear."
Ryan, Shelter Volunteer
