Greater Victoria Rental Development Society

Who We Are

In 2009 GVRDS was registered as a non profit society. Our mission is to develop new build affordable rental and market housing on Vancouver Island for the working people.

Our mandate is to provide well built, well managed, non subsidized new apartment units for the lower to middle income families of Greater Victoria. Our hope is to afford low to middle income workers reasonable rent. Our dream is that in providing this they can someday achieve home ownership.

Our model is a self sustaining business plan that has both affordable and market rentals. With this model the pride of self ownership starts at the beginning of the planning stage. We build quality construction for sustainability in operating costs. We have a team of consultants and construction companies that support the belief of giving back to the community thru participating in our projects. It is our purpose to engage corporations and businesses to participate in the future of our community by providing them with a financially viable business vehicle to make responsible giving possible.

GVRDS board believes in corporate, government and society partnership that is financially viable for the future. Long term income generated from a project allows for future growth for other projects. This needs to be achieved without government subsidy. However government assistance to get it out of the ground is mandatory. With the help from grants at the municipal and the Capital Regional District and the participation of construction financing through BC Housing and CMHC allows the project to become viable. The participation of corporate giving and reduced fees with dedicated professionals allows the project to get out of the ground. Upon completion we have an experienced management company in Randall North who understand the need for maintaining a high quality building. Our buildings are an investment for the future. Our tenants are the benifactors.

All of this is still not possible without community involvement. GVRDS strives to provide a well built rental building that adds to the neighbourhood. The building's rental pool comes from the lower to middle income worker who one day would like to buy a home in the neighbourhood. We believe that pride in self ownership can start at your rental apartment.


For information on the design, development and construction of our buildings, email Alanna Holroyd at .

For the rental application process please contact .