One of the largest purpose-built rental residential projects in Lower Lonsdale is now open. Bowline, located at 222 East 2nd Street, has 159 new, high-quality, secured market rentals units that range from studios to four bedroom homes.
With more than 35 per cent of the units having two, three or four-bedrooms, the building offers housing suitable for families, noted a press releases sent by Bowline, which has been developed by GWL Realty Advisors.
The Bowline is steps from the Shipyards District, and minutes to downtown Vancouver and within reach of iconic coastal mountains. As per City of North Vancouver policy, the building includes 16 mid-market rental units (10% of total units in building), including a mixture of studios to 3-bed units.
“With more than 35 per cent of the units having two, three or four-bedrooms, the building offers housing suitable for families,” the company said.
Amenities include an elegant rooftop terrace for socializing and watching the sun set with friends and neighbour, an indoor and outdoor clubhouse that includes dining areas, a kitchen, co-working space, and a fireplace-lit lounge set up for movie nights. A hotel-like lobby lounge with warm light and cozy seating, fitness centre, electronic parcel lockers, and a bike workshop are also included in the rentals.
It is also pet friendly, with facilities that include a dog run and pet spa.
Where do people contact the company to submit applications?
What are the 16 mid- market units?
What would be the rent for a one bedroom, one bath unit, with garage?
Is heating and hot water included in the quoted rent?
Thank you,
Michel Silver
“Secure market value” is code for expensive. What CNV, DNV, WVD and the rest of the Lower Mainland needs is affordable housing, not more of the same. Affordable to be defined as no more than 30% of a renter’s income.
Agree with Jo-Lue!
Affordable is no more than 30% of renter(s) take home pay.