Victoria Recommends Housing Agreement Amendment for Gladstone Apartments

Victoria City Council was asked to advance an amended housing agreement with 1276 Gladstone Apartments Inc. for the 1276/1278 Gladstone Avenue rental project. The agreement would secure two units at 95% of CMHC median market rent for 20 years and preserve the building's rental tenure in perpetuity.

Document date · September 30, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Twenty years for two one-bedroom units at 95% of CMHC median market rent; rental tenure of the building in perpetuity

Renewal

No renewal option is stated. The affordability restriction runs for 20 years, while the building's rental tenure is secured in perpetuity; the agreement may apply to future registered owners.

Document type

Report

Source document

City of Victoria Report Short-Term Rental Business Licence Appeal - 1496 Dallas Road 2026-10-01

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Victoria?

1276 Gladstone Apartments Inc was awarded this government contract by City of Victoria, as recorded on September 30, 2026.

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Victoria Report Short-Term Rental Business Licence Appeal - 1496 Dallas Road 2026-10-01 (Report), dated September 30, 2026 from City of Victoria. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 1276 Gladstone Apartments Inc hold?

1276 Gladstone Apartments Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 1276 Gladstone Apartments Inc's profile

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