Most frequent questions and answers
See a full explanation of non-profit housing co-ops on the CHF BC website
- Dedicated Modo parking space
- Large common room with access to an outdoor playground
- Outdoor communal roof-top garden
- Communal laundry facilities (in-suite laundry hook-ups are available in 2 and 3-bedroom suites)
- Each suite is equipped with a full-size fridge and stove.
- Studios have a built-in microwave above the stove.
- 2 and 3-bedroom units have dishwashers installed as well as hook-ups for a washer and dryer.
No. Railyard is not in BC Housing’s portfolio.
Yes, there are a number of suites available at below market rates and housing charges are assessed annually relative to household income.
Yes, there are a number of accessible suites available throughout the building.
Please contact the Railyard co-ordinator using the link at the top of the page for more information.
Yes. Housing charges are assessed and adjusted on an annual basis in accordance with the agreements with the City and the Community Land Trust.
Railyard and the Community Land Trust are both non-profit organizations and the revenue raised from the building is meant to cover the expenses of the building and plan for contingencies. As such, increases are not based on market rates.
Railyard is a non-equity housing co-operative and membership shares do not confer a right of ownership.
Shares are required to be purchased prior to moving in and are based on unit type:
- Studio & 1-bed: $1,500
- 2-bed: $2,000
- 3-bed: $3,500
Shares are refundable if a member chooses to leave the co-operative.
Yes. Railyard permits up to two (2) dogs or cats per household and other pets in accordance with the occupancy agreement with the member. For more information please contact the Co-op’s coordinator.