Quote:
Originally Posted by Hondaracer
In a years time, with god knows how many people are involved in this from the city side, CoV has added… 42 additional units. Wonderful.
Btw, so each one of these are subject to the development fees mentioned in this video PLUS hydro forcing them to go underground and have a transformer on their property.
Well say $65,000 per unit = $195,000
Plus, again being generous with the hydro service, $80,000 for an LPT on your
Property
$275,000 in development fees and hydro before you even put a shovel in the ground.
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The development fees and timeframes will be massively lower when the province adopts its standardized designs, which you can see here:
https://www2.gov.bc.ca/assets/gov/fa...talogue_v1.pdf
If someone works to one of these designs on the standard lot, the city will be forced to auto-approve it.
This is basically Vancouver special all over again.
That being said, what individual homeowner would want to do this? The whole reason I bought a property with a yard was so that I
didn't have to share it with three other families, I'm sure many others feel the same way.