John7,
May I ask what exposure and charistics is the room with the 16.5 BTU/sf? I'm wondering if there's a lot of heat loss because of windows, and whether those windows are facing in a way that you might benefit from passive solar.
I think from a permitting perspective you'll need to work out the numbers to the satisfaction of the building department, but from a practical perspective, how often and how long does Vancouver get down to 18F that you may need to worry about insufficient heating in that one room?
We've been running an Altherma here in Toronto, and last winter we ran it at 113F to a fan coil, and ran it down to 13F or so before we flipped over to backup natural gas, and that was a handful of days. The fan coil was supplying a 6350+sqft of conditioned area, 4350 above grade on an ICF/SIP combo build. My (inexperienced) gut feeling is that you'll probably do just fine funning it at 113F or maybe even a bit higher. The couple of days where you need to run on backup if you choose to run the loop at 120F(whether electric integrated or in a bivalent operation) is still probably worth the savings in a season.
Victor Kam
http://www.ecobuilthome.ca A 4350sqft Cold Climate Net-Zero Energy Initiative