Summary
- 158 new affordable apartments and townhomes are open in Victoria
- Another 320 affordable, family-oriented rentals are underway in Saanich and Central Saanich
- The new homes are all being delivered through the Community Housing Fund and built in partnership with Capital Region Housing Corporation, which will own and operate the homes
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VICTORIA – More people and families will have access to a total of 478 affordable, family-oriented rental homes with the opening of Caledonia in Victoria, and with construction starting on two other developments in the region.
“People need more affordable housing options, and that’s exactly what we’re delivering through our Community Housing Fund,” said Christine Boyle, Minister of Housing and Municipal Affairs. “These homes are built through strong partnerships and give people more choice and stability. They help families, seniors and individuals stay close to work, school and the communities they’re part of.”
The opening of Caledonia in Victoria adds 158 new affordable homes. Construction is underway on two additional developments in Saanich and Central Saanich that will deliver another 320 homes. These projects are part of a $19-billion housing investment by the B.C. government. Since 2017, the Province has more than 95,000 homes delivered or underway, including more than 8,400 homes in the Capital Regional District.
All of the homes are funded through the Province’s Community Housing Fund (CHF) and are being built in partnership with Capital Region Housing Corporation, which will own and operate the homes. Under the CHF program, most rents for these homes are set at no more than 30% of a household’s income, helping people keep housing costs affordable.
“Caledonia is a shining example of what we can achieve through collaboration with local and provincial partners, creating much-needed housing opportunities in our region,” said Zac de Vries, chair, Capital Region Housing Corporation. “Together, we delivered 158 safe, quality homes, turning housing insecurity into hope for individuals and families in Victoria. We are also excited to have 320 more homes on the way through the Verdier and Cedar Hill affordable housing projects.”
Opening of Caledonia in Victoria
Located at 1211 Gladstone Ave., Caledonia includes 158 affordable homes, made up of 97 apartments and 61 townhomes. More than half of the homes have two, three or four bedrooms, helping meet the need for larger rental homes for families.
Residents and the community will benefit from large, landscaped areas, rain gardens and spaces for urban gardening. There is also an outdoor playground and a 135-square-metre (1,450 square foot) amenity space.
People began moving into their new homes in March 2026.
More homes on the way
Two more affordable housing projects are now underway in Greater Victoria:
- Verdier, 1183 Verdier Ave., Brentwood Bay (Central Saanich): This project will provide 110 rental homes for people with low and moderate incomes in the heart of Brentwood Bay. More than half of the homes will have two or more bedrooms. The building will also include a child care space for up to 16 children on the ground floor. The project is expected to be completed in 2028.
- Cedar Hill Library and Affordable Housing, 3950 Cedar Hill Road, Saanich: This mixed-use project will include a new, 2,700-square-metre (29,315 square foot) public library on the ground floor, along with two residential towers providing 210 rental homes. Nearly half of the rental homes will have two or more bedrooms. The project is expected to be completed in 2030.
Learn More:
- To learn how B.C. is working to deliver more homes for people, visit: https://gov.bc.ca/homesforpeople
- A map showing the location of all announced provincially funded housing projects in B.C. is available online: https://www.bchousing.org/homes-for-BC
- To learn how BC Housing is helping to build strong, inclusive communities, visit: https://www.bchousing.org/podcast
Two backgrounders follow.