Guildford Brook Announces Evolv, The First Townhouse Development in Lower Lonsdale with Mortgage Helper Lock-Off Suites

Sustainable Passive House Townhomes with Lock-Off Suites Provide Affordability Solution 

NORTH VANCOUVER, BC – April 27, 2017- Evolv, a collection of 46 townhomes, is scheduled to be released for sale in North Vancouver’s Moodyville neighbourhood this spring. Each townhome will be built to Passive House standards and will include lock-off suites to aid with both sustainability and affordability. The project is the first of a myriad of new developments slated for the Lower Lonsdale / Moodyville neighbourhood, which was recently rezoned to quadruple in density.

“It was important to us that this area be developed with the community in mind. We’re happy to see developers voluntarily taking the lead in North Vancouver to bring Passive House to the community and hope to see it set a new standard across Vancouver for energy-efficient building,” said City of North Vancouver Mayor, Darrell Mussatto. “This area is blocks away from the bustle of Lower Lonsdale, which is where many young families and retirees want to be. By increasing its density we’re able to keep families and attract residents with a diversity of income levels to the community.”

All 46 of Evolv’s townhouse collection will feature 3-4 bedroom homes that span over 1700 square feet. Deemed, “the building standard of the future,” the highly insulated Passive House units ensure healthy airflow and save homeowners up to 90 percent in energy savings compared to conventional buildings. Half of the homes will feature rooftop patios, while others will have solar panels that generate electricity to be sold back to BC Hydro, helping to reduce monthly strata fees. Most homes will feature the mortgage helping suites.

“Evolv was designed to provide sustainable, modern housing to those in various stages of homeownership,” said James Askew, president of rareEarth Project Marketing. “Vancouver’s housing shortage calls for an innovative shift in the way homes are being built. By providing lock off-suites for each townhome, owners have more flexibility. They can use the flexible space as a mortgage helper, nanny suite, or part of their own home, and adjust its use as their needs change over time.”

Developer Guildford Brook Estates is the visionary behind the forward-thinking townhome collection, a first of its kind in the City of North Vancouver.

About Guildford Brook Estates:

Ideal locations with elegant styling, high-quality finishes, and the most modern amenities to create homes that are long on lifestyle, and short on commuting. For those who appreciate a distinctly modern balance of style and efficiency, as well as privacy and convenience, our developments are your home.