2 new changes to the Tenancy Act!

Tenancy Update

It is expected the Government will be lifting some restrictions on Tenant Evictions for reasons OTHER than non-payment of rent in the near future. From the Government’s update:

“Landlords will be able to serve new notices for reasons including landlord/purchaser use, such as where a new owner has purchased a property and intends to move in, and for cause (e.g., where a tenant is putting the landlord or other tenants at risk, or has sublet the apartment without permission). Depending on the type, these will require a notice period of between one and four months.”

It is also expected to put in place a framework that will require Tenants and Landlords work together to develop a plan to repay the rent owed from missed payments over a reasonable amount of time. Tenants will still be responsible to pay outstanding rent when the ban on evictions for non-payment is lifted.

https://news.gov.bc.ca/releases/2020MAH0069-001100

South Marine

Location

South Marine is located on the south side of S.E Marine Drive to the Fraser river and stretches from Ontario Street all the way to Boundary Road. South Marine is home to Vancouver’s newest water view condominiums.

Parks

South Marine has two parks including Gladstone Riverside Park, Riverfront Park & Adcy Beach.

South Marine Residential Market Stats

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