6857-6875 Royal Oak Ave

6857-6875 Royal Oak Ave, Burnaby

Image: Integra Architecture

Catalyst was the successful recipient for two development projects in Burnaby as part of a City of Burnaby RFP process for four sites of affordable housing in May 2020. Located on Royal Oak Ave in the City of Burnaby, approximately 150 m from the Royal Oak Skytrain station, this 6-storey project features:

  • 99-year land lease via the City of Burnaby
  • 134 rental homes, including 51 (41%) family-sized homes (2 and 3 bedroom)
  • 8,300 square feet of commercial space on the ground floor
  • Anticipated completion: Summer 2024

Status:

In Pre-Construction

Partners:

Catalyst Role:

Developer, Owner, and Operator

Affordability:

  • 100% of homes at below market rents

Financial Information:

  • City of Burnaby contributing land on long-term lease
  • Social equity provided by Catalyst and Vancity

Total Project Cost:

$49.3M

Rental Applications Begin:

Spring 2024

Other Projects

Chorus

2358 153 St., Surrey, BC

Status: Completed in November, 2016

Catalyst ensured that Semiahmoo House Society’s mission has not strayed in our partnerships with funders and navigated us through the complexities of developing an innovative housing project.

Doug Tennant

Executive Director

Semiahmoo House Society

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Status: In Construction