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5840 Oak
Unity of Vancouver
Project
5840 Oak
5840 Oak St, Vancouver, BC
Total Homes
253
Breakdown

Rent Geared to Income: 15; Moderate Income: 61; Market: 177 

Development Status

Unity is a non-denominational movement that seeks to build personal and spiritual well-being through universal spiritual teachings. Unity of Vancouver’s centre on Oak street close to Van Dusen Gardens, provides space for spiritual practice, workshops and events as well as office space for the organization. They seek to expand and update this space through a redevelopment that includes a 500-seat community theatre, affordable housing, and more. Affordable housing units will target seniors living independently and single parent-led families. Sustainability is also a key pillar of the project vision. They envision that the new development will include green spaces for residents and the public to access, and consideration of sustainable systems within the building.

Funding Support
Grants in 2022, Pre-Development Loan in 2023
Priority Population(s):

Profile Maps Last Updated: July 2, 2024

Notes:

**Priority Population(s): These are described for projects that explicitly fill some or all units with people who are part of a specific demographic that faces unique needs related to housing insecurity.

**Green Building Standard: This is described for projects that are designed according to a green building certification such as LEED (Gold/Platinum), Built Green (Gold/Platinum), and Passive House.

**Affordability Definitions:

Deeply Affordable – A home that is affordable to people on a very limited income, such income assistance, disability assistance, and income support programs for seniors.

Rent Geared to Income – A home that is available to people with modest incomes. Rent is calculated to be affordable based on the tenant’s income.

Moderate Income – A home that is available for a monthly rent that is equal to the low-end of rents available in the private market. Also referred to as ‘Middle Income’ and ‘Affordable Market’.

Working Hours

Mon-Thurs: 9 AM – 5 PM

Friday: Closed

Sat-Sun: Closed

Office

409 – 312 Main Street
Vancouver, BC V6A 2T2

affordablehousing@vancity.com

Vancity Community Foundation’s office at 312 Main is located on the unceded territories of the xʷməθkʷəy̓əm (Musqueam), Skwxwú7mesh (Squamish) and səl̓ílwətaʔɬ /Selilwitulh (Tsleil-Waututh) Nations.

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