6647 Cranberry Street

Set in the Cranberry Community

Located across from DA Evans Park, and near shopping, a senior centre and other businesses, this development opened in July 2023, and was built with financial support from BC Housing, on land owned by Life Cycle Housing.

The 24 housing units are laid out in four separate buildings:  two buildings each containing (8) one and two bedroom apartments, and two buildings each containing (4) two and three bedroom townhouses. Two of the one-bedroom units are fully wheelchair accessible.

Amenities:

  • Common Room

  • Laundry Room

  • Covered Outside Smoking Area

  • Playground for Small Children (financed by the Powell River Community Forest Foundation).

Rents:

 

Rent includes garbage pickup only. 

Tenants are responsible for paying hydro, phone and internet.  Heating and cooling are provided by heat pumps and baseboard heaters, and paid through the tenant’s hydro connection. Rents are raised annually, in line with provincial regulations.

This property is operated by Life Cycle under a contract with BC Housing.  Tenants must be either seniors (55+) or families.  Market rents are set at about 10% below market rate and rent subsidies are available for up to 17 tenants who cannot afford the established rents. Qualifying tenants pay only 30% of their income towards rent, with BC Housing paying the balance to Life Cycle.  Subsidies are based on proof of income, which must be updated annually. 


Important Note: SAFER & RAP benefits are not available to any tenants at Cranberry Place.