5590 Victoria Dr and 2005 E 40th Ave text amendment

Revised application (October 1, 2025):

The applicant has submitted a revised proposal. The proposed changes are to replace 30% of the dwelling units to be occupied by households with incomes below housing income limits (HILs) with 100% of the units at market rents.

Previous application (July 18, 2025):

The City of Vancouver has received an application to amend CD-1 (839) to permit a change in the residential affordability and to increase the density. The changes include:

• Replacing 30% of the dwelling units to be occupied by households with incomes below housing income limits (HILs) with 20% of the residential floor area for below-market rental units. This generates a total of 51 rental units with 20% of the residential floor area for below-market rental units; and
• An increase in the floor space ratio (FSR) from 3.49 to 3.5.

The previously approved application is linked here: https://www.shapeyourcity.ca/5590-victoria-dr

This application is being considered under the Secured Rental Policy.

Application drawings and statistics are posted as-submitted to the City. Following staff review, the final project statistics are documented within the referral report.