Helmcken & Burnside Tenant Relocation Matrix - July 3, 2019
A comparison matrix showing tenant relocation compensation and moving expenses across different municipal jurisdictions versus the Eagles Nest proposal.
Helmcken & Burnside Tenant Relocation Matrix - July 3, 2019
We have provided View Royal staff a rent roll indicating the rent and length of tenancy for each of our rentals. We met with each of the tenants in October and November and ensured them that we are in the process of rezoning, obtaining a development permit and then a building permit and that this process takes a considerable amount of time. We assured them they would receive a minimum four months notice and that we would assist them in their move. We would also request Proline Property Management assist them were possible in finding accommodation.
Below is a chart that represents what the BC Residential Tenancy Act, The City of Victoria and the City of Vancouver require when terminating tenancy due to redevelopment. Please note that we have met and or exceeded the most onerous requirements in all areas.
| City of Victoria | City of Vancouver | BC Residential Tenancy Act | Eagles Nest | |
|---|---|---|---|---|
| Compensation for length of tenancy | ||||
| Up to 5 years | 3 months | 2 months | 2 months | 4 months |
| Between 5-10 years | 4 months | 3 months | 3 months | 5 months |
| over 10 years | 5 months | 4 months | 4 months | 6 months |
| over 20 years | 6 months | 6 months | 6 months | 8 months |
| Moving Expenses | ||||
| Bachelor and One Bedroom | $ 500.00 | $ 750.00 | $ 750.00 | $ 1,000.00 |
| Two or more bedrooms | $ 750.00 | $ 1,000.00 | $ 1,000.00 | $ 1,250.00 |
| Notice for Termination | 4 months | 4 months | 4 months | 4 months |
Eligibility in all cases: minimum 1 year prior to rezoning application
Exclusions in all cases: single family homes, duplexes, condos, secondary suites