December 2024 Radium Hot Springs Draft OCP Presentation - Flipbook - Page 24
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HOUSING SOLUTIONS
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The policies within this Community Plan
direct the Village towards a series of housing
solutions that will pursue addition of greater
diversity to the Village’s housing supply.
Furthermore, each solution supports the overall
vision for a more full-time community.
Solution 1: In昀椀ll Vacant Lots
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There are numerous zoned and serviced
vacant lots within the Village that can be
readily developed to provide added housing.
The Village has already created incentives for
in昀椀lling vacant lots for rental housing with the
Long-Term Rental Housing Revitalization Tax
Exemption Program Bylaw No. 497, 2023.
Anticipated new units over 20 years: 75
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Solution 2: Enable increased
housing diversity.
Residential lots within existing residential areas
will be enabled to build +1 more housing units
per lot: two-units on traditional R1 lots, threeunits on R2 lots, and four-units on lots near the
Downtown.
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Anticipated new units over 20 years: 65
(50 additional units on vacant lots, 15 new units
on redeveloped properties)
Solution 3: Add minimum density to the
Village’s R4 zoning.
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The current R4 Multi-Unit Residential zone
has no minimum density and lots zoned R4
are building out with only single-detached
dwellings.
Anticipated new units over 20 years: 40
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Solution 4: Develop and require minimum
density in future residential areas, now
called Comprehensive Planning Areas.
This Community Plan identi昀椀es the Village’s
future residential areas that are unsubdivided
and undeveloped as Comprehensive Planning
Areas. To ensure the Village meets its housing
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needs, these areas must accommodate a
minimum number of housing units. Policies
within this Plan and zoning bylaw amendments
will ensure this is implemented.
Anticipated new units over 20 years: 300
Solution 5: Regulate Short-Term Rentals.
The Village currently has over 100 licensed
Short-Term Rentals, many of which are hosted
in dwelling units that may be suitable for longterm residents. This Community Plan, and
accompanying amendments to the Village’s
Zoning Bylaw and Business License Bylaw, will
regulate Stand-Alone Short-Term Rentals by
identifying preferred (commercial) areas to
locate in. By directing Stand-Alone Short-Term
Rentals to commercially zoned areas within the
Village, it is anticipated that new housing units
will become available to permanent residents
in residentially-zoned areas.
Anticipated new units over 20 years: 25
TABLE 3: HOUSING SOLUTIONS
SOLUTION
ANTICIPATED
UNITS
1. In昀椀ll vacant lots
75
2. Allow increased housing
diversity
65
3. Add minimum density to
R4 Zoning
40
4. Develop and require
minimum density in future
residential areas
300
5. Regulate Short-Term
Rentals
25
Total Units
505
Total 20-year housing need
405
Anticipated buffer
100
These housing solutions provide a pathway that
successfully meets projected doubling of the
permanent population by 2046.
VILLAGE OF RADIUM HOT SPRINGS Official Community Plan
