Vancouver Homeowner Jackpot

If you're one of the lucky 2000 lots that the COV is upzoning to higher density, you just received a winning lottery ticket.

More details will follow but basically the single family home on the current lot will be able to build 6 units in the same amount of square feet of space.  This is supposed to provide an extra 10,000 units in the city.

How this will play out is unknown.  What is known will be another big jump in real estate price in Vancouver for those homeowners that owns one of the 2000 lots.

See more details here: Gentle Density Housing Plan