(Helios development at 2006 Sooke Rd/Photo by Townline Homes - Facebook)

The redevelopment of an aging townhouse complex has resulted in the creation of dozens of new affordable homes for senior citizens, families, and people with disabilities in Colwood.

Twelve townhouses in the Colwood Lakes neighbourhood at 2006 Sooke Rd have been replaced by a development called Helios, creating 82 housing units for low- to moderate-income households.

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The Helios development is operated by Pacifica Housing and is located near community amenities, schools, retail areas and transit. It includes pedestrian walkways, a playground and community gardens.

Units vary in size, including everything from studios to three-bedroom apartments, and the rents range from $862 to $1,570 per month.

We’re excited about our newest building, Helios, opening soon in Colwood. Take this time to like our Facebook page to…

Posted by Pacifica Housing on Friday, March 15, 2019

“These new homes represent new opportunities, security and peace of mind for families, seniors and people living with disabilities,” said Mitzi Dean, MLA for Esquimalt-Metchosin.

“Our government is committed to delivering affordable homes across the province that are safe and foster a sense of community.”

The project was funded jointly by:

  • the provincial government which, through BC Housing, pitched in Β $8.4 million in capital funding and construction financing;
  • the City of Colwood which contributed Β $328,000 through its affordable housing reserve fund; and
  • Pacifica Housing which provided the land valued at approximately $4 million.

This is the latest in a slew of provincial and municipal efforts to increase the number of affordable housing units available in BC, in compliance with the NDP government’s 30-point-plan for housing affordability released last year.