Affordable Market Rentals

Everyone deserves home.

About Affordable Market Rentals

Affordable near-market rental units are designed for low to moderate income earners and their families who may not qualify for subsidized housing. To be eligible, households must fall within a specific income range, ensuring access to housing that remains within their financial means.

Read more about BC Housing average monthly income limits below.

Crosstown

Crosstown features 100 rental apartments, including 30 affordable market units. The building offers studio, one, two, and three-bedroom suites, plus accessible options. Located at 584 Burnside Road East, Crosstown is a unique mixed-use development including commercial units and supportive housing .

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Affordable Suites (number of each)

  • Studio – 3
  • One-bedroom – 18
  • Two-bedroom – 2
  • Three-bedroom – 7

Building Details

  • bullet icon In-suite and shared laundry
  • bullet icon Dishwashers
  • bullet icon Parking available for a fee
  • bullet icon Storage lockers available for a fee
  • bullet icon Pets may be considered, no exotic animals
  • bullet icon Utilities not included
  • bullet icon Tenant insurance required

Current vacancies
Applications inquiries: crosstownrentals@coolaid.org

The Chestnut

The 51 units of affordable market housing at 210 Gorge Road East include studio, one, and two-bedroom suites, plus accessible options. With secured parking and bike storage, The Chestnut is conveniently located on several major bus routes and is only minutes from downtown Victoria.

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Affordable Suites (number of each)

  • Studio – 14
  • One-bedroom – 10
  • Two-bedroom – 10

Building Details

  • bullet icon Shared laundry
  • bullet icon Dishwashers
  • bullet icon Parking available for a fee
  • bullet icon Pets may be considered, no exotic animals
  • bullet icon Utilities not included
  • bullet icon Tenant insurance required


Application inquiries: chestnutrentals@coolaid.org

General target average monthly income and income limits (as set by BC Housing):
Studio $3,700 (limit $7,100) monthly
One-bedroom $4,600 (limit $7,100) monthly
Two-bedroom $6,000 (limit $11,150) monthly
Three-bedroom $8,000 (limit $11,150) monthly

$2,189

is the average monthly rent for a one-bedroom apartment in Victoria, which is unaffordable for many.

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$1,600

is the average monthly rent for a Cool Aid one-bedroom affordable market rental.

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We are so grateful for Cool Aid and our beautiful new apartment. We even have a separate bed room for our daughter now!”

Sanpin and Altagracia
Cool Aid Tenants

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