Families and individuals are moving into 64 new rental homes on Saint Anne Avenue that were recently purchased by the province to provide more rental housing in Maple Ridge.
Turnock Manor is a four-storey apartment building that was originally announced in May of last year, and was bought for $24 million. It is located at 22325 Saint Anne Ave.
The building is a mix of studio, one bedroom and two bedroom apartments, with 70 underground parking stalls. Monthly rents will range between $742 for a studio to $1,895 for a two-bedroom unit and are not subsidized. BC Housing will operate the building.
“Our government understands that it’s not just those living in the streets that need support for affordable housing - the people who provide the services everyone depends on are finding themselves having to live further and further away from their jobs, leading to long commutes, traffic and decreased quality of life,” said David Eby, Minister Responsible for Housing.
“Projects like Turnock Manor provide the homes that middle-income individuals and families need to continue to live and work in the communities they call home, which helps ensure more livable communities for everyone.”
The Government of Canada, through the Canada Mortgage and Housing Corporation (CMHC), contributed $6.6 million to the purchase as part of the 10-year bilateral agreement under the National Housing Strategy between the federal and provincial governments.
“People living and working in Maple Ridge understand the need for more middle-income housing in the city,” said Maple Ridge-Pitt Meadows MLA Lisa Beare. “Our purchase of Turnock Manor means young families and professionals can find a place in their neighbourhood that meets their needs.”
Have a story tip? Email: firstname.lastname@example.org
Like us on Facebook and follow us on Twitter.