Get more out of your lot
Vancouver Multiplex Developments

Multiplex – Vancouver’s New Housing Type

was unanimously approved by City Council on September 14th, 2023, and will become enacted into bylaw on October 17, 2023. In addition to significant changes to the Design Guidelines for Detached homes and Duplexes, the new R1-1 Zoning Bylaw will replace the RS 1 – 9, and enable Multiplexes on lots that meet certain site requirements; such as lot size, lot dimensions, and lane access. Before assuming if your lot qualifies, contact me for a complimentary consultation.

What is a Multiplex Home?

Multiplexes in Vancouver are part of the city’s “Missing Middle Housing” initiative, which aims to increase housing options in residential areas. They are often constructed in low-density zones, and the idea is to bridge the gap between single-family homes and high-rise apartment buildings. Vancouver Multiplexes are intended to provide more housing choices, both in terms of rental and ownership options, in a city where housing affordability has been a significant concern.

Multiplex construction maximizes land use by accommodating multiple units on a single lot, allowing developers to create more housing options and increase their return on investment through higher density. With the ability to sell or rent out individual units, Vancouver multiplex developers can achieve higher overall profits compared to traditional housing types like single-family homes or duplexes. Multiplex projects are often completed more efficiently than single-family homes, reducing the time and carrying costs for developers, which in turn contributes to higher profitability.

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Who should be paying attention:

Who should be paying attention:

More options, more space, more value. Ideal for families, friends, investors, and developers. Create your own community.

Sellers

If you currently own an older home on an RS-zoned lot that has alley access and is ready to be demolished, you have the opportunity to benefit from potentially higher land value.

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Aging in place

Buyers shopping for condos or townhomes will soon add Multiplexes to their list, and hopefully remain in their desired neighbourhoods close to family, work, and friends.

Family living together, independent space

If you’ve wanted to live with your family but maintain separate units, a Multiplex could be the perfect option providing the convenience without compromise.

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Friends co-invest

If you have wanted to buy a property with friends, 3 to 6 friend groups can now co-invest in land and custom build a new Multiplex and live together, but separately, each owning your own units.

Pass on to future generations

Property owners looking to provide assets that can be passed down to future generations. A real estate legacy!

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Investor

Investors looking to reside in one of the properties and rent out the remaining.

Developers and community builders.

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Contact us:

Please fill out the contact form below, telling us the specific details of your project, and we will arrange a one-on-one consultation to provide you with professional advice.

Multiplex Projects Advantages:

In terms of investment, compared to traditional single-family homes or duplexes, multiplex projects offer the following advantages:

01.

Higher Return on Investment

Multiplex projects can yield a higher return on investment in a relatively short timeframe. Constructing multiple units on the same plot allows for increased income through the sale or rental of multiple units, thereby enhancing investment returns.

02.

Risk Diversification

Multiplex projects help mitigate risk by spreading investments across multiple units. Even if one unit experiences vacancy or a decrease in rental income, revenue from other units can stabilize the overall portfolio returns.

03.

Quicker Capital Recapture

Multiplex projects are typically built and sold faster than traditional single-family homes or duplexes, enabling investors to recapture investment capital more swiftly for allocation to other investments or projects.

04.

Better Cash Flow Management

The presence of multiple units in a multiplex project ensures more stable cash flow. Even if one unit becomes vacant, rental income from other units can support the project's cash flow.

05.

Greater Flexibility and Appreciation Potential

Multiplex projects offer flexible design and configuration options that can be adjusted according to market demand. You can choose to incorporate high-end amenities and finishes during the design and construction process, increasing the value of each unit and enhancing the overall appreciation potential of the project.

06.

Meeting Market Demand

In real estate markets like Vancouver, multiplex projects are an effective way to meet the growing demand for housing and address cost pressures. Investing in multiplex projects can satisfy the market's need for diverse housing options while achieving attractive investment returns.

Vancouver Multiplex Construction

How many units can you build in a Vancouver Multiplex?

Site planning and requirment

Standard Plot (Min. 33 ft. site frontage):

  • Can accommodate up to 4 units 
  • Maximum site area is approximately 4000sq.ft.

Large Plot (Min. 50 ft. site frontage):

  • Can accommodate up to 6 units 
  • Maximum site area is approximately 6100sq.ft.

Rental units:

  • A maximum of 8 households is allowed on a single detached plot 
  • One unit can be used by the owner

Site planning and requirment

Standard Plot (Min. 33 ft. site frontage):

  • Can accommodate up to 4 units 
  • Maximum site area is approximately 4000sq.ft.

Large Plot (Min. 50 ft. site frontage):

  • Can accommodate up to 6 units 
  • Maximum site area is approximately 6100sq.ft.

Rental units:

  • A maximum of 8 households is allowed on a single detached plot 
  • One unit can be used by the owner

Catering to Diverse Needs

In a multiplex construction project, you have the flexibility to design and build units with varying sizes and configurations, typically ranging from 3 to 6 units with square footages ranging from 1,200 to 2,000 square feet. These units can offer the convenience of 3 or more bedrooms and 2 or more bathrooms, catering to a diverse range of tenant or homeowner preferences.

Catering to Diverse Needs

In a multiplex construction project, you have the flexibility to design and build units with varying sizes and configurations, typically ranging from 3 to 6 units with square footages ranging from 1,200 to 2,000 square feet. These units can offer the convenience of 3 or more bedrooms and 2 or more bathrooms, catering to a diverse range of tenant or homeowner preferences.

Design Options and Flexibility

This adaptability in design and unit composition is one of the advantages of multiplex construction, making it a versatile and attractive option for accommodating different housing needs and preferences in urban areas like Vancouver.

Design Options and Flexibility

This adaptability in design and unit composition is one of the advantages of multiplex construction, making it a versatile and attractive option for accommodating different housing needs and preferences in urban areas like Vancouver.

Multiplex Home Layout

Multiplex designs in Vancouver offer a wide array of possibilities, allowing for the construction of three-story buildings featuring 3-4 units in the main structure, with the option to incorporate 1-2 infill homes at the rear of the property. This flexibility ensures diverse housing options to meet varying needs and preferences.

Multiplex Home Layout

Multiplex designs in Vancouver offer a wide array of possibilities, allowing for the construction of three-story buildings featuring 3-4 units in the main structure, with the option to incorporate 1-2 infill homes at the rear of the property. This flexibility ensures diverse housing options to meet varying needs and preferences.

Interior Multiplex Layout

This strategy optimizes land utilization and offers diverse housing alternatives within a single development, enhancing the effectiveness and versatility of multiplex construction. Collaborating with seasoned architects and builders is crucial to crafting a design tailored to the unique characteristics of the site and the housing requirements of the surrounding community where the multiplex residence is being erected.

Interior Multiplex Layout

This strategy optimizes land utilization and offers diverse housing alternatives within a single development, enhancing the effectiveness and versatility of multiplex construction. Collaborating with seasoned architects and builders is crucial to crafting a design tailored to the unique characteristics of the site and the housing requirements of the surrounding community where the multiplex residence is being erected.

All-Round Real Estate Investment Project Consultation and Management Services

All-Round Real Estate Investment Project Consultation and Management Services

We offer a complete range of real estate services that cater to our clients’ unique needs. From site acquisition to architecture, from financing to marketing, we provide comprehensive support throughout the entire investment process. With our expertise and guidance, our clients can confidently make informed decisions and achieve their investment goals.

咨询服务

温顶提供广泛的咨询服务,以满足投资者的需求。我们提供法律咨询、政策咨询、决策咨询、工程咨询、造价咨询、经营管理咨询等多种服务,旨在为客户提供全方位的支持。我们致力于提供专业的建议和策划,进行可行性研究,并为客户提供全面的解决方案。温顶是您值得信赖的房地产咨询合作伙伴,我们将全力支持您的投资决策,以实现共同的成功。

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建筑设计

我们提供独特设计,满足个人需求和偏好,同时最大程度地发挥每块土地的潜力。我们精心考虑每一平方英尺,以实现效率和建筑和谐。

项目开发管理

与传统的设计仅局限于设计、建筑仅关注施工的方式不同,我们的集团将协助项目整合各个领域的工程师(结构、土质、城市规划、环保工程等),在政府审批的复杂过程中担任协调和整合的工作。这一举措有助于缩短项目的审批时间,并在遇到问题时为业主提供最佳选择的建议。

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贷款服务

相比住宅贷款,开发和建筑贷款在申请条件、税务考虑和办理流程上更加复杂。作为全国领先的贷款团队,温顶集团能够为客户提供最佳的融资安排和更高的贷款金额。我们与银行的紧密合作关系以及建筑团队多年的经验,将为每一位客户增加通过审批的机会。

融资服务

我们了解小规模开发项目所面临的特殊财务挑战,并能为您提供全方位的融资协助和指导。作为一家一站式平台,温顶集团整合了市场上的优质土地资源和投资人,为您在争取开发项目时提供更强大的优势。作为专业的项目和资金管理者,我们致力于确保每位客户的利益最大化。

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已完成房屋销售

我们的团队支持新建住宅的销售和营销。我们与客户合作制定销售和营销策略,最大化投资回报。

联系我们:

请填写下方联系表格,告诉我们您项目的具体信息,我们将安排一对一的咨询,为您提供专业建议。

Consulting Services

As a professional service, Guaranti group offers a wide range of consulting services to meet the needs of investors. We provide services such as legal consulting, policy consulting, decision consulting, engineering consulting, cost consulting, and business management consulting, aiming to provide comprehensive support to our clients. In addition, we also offer information consulting, technology consulting, price consulting, and other services to clients involved in real estate market transactions to ensure that they make informed decisions. We are committed to providing professional advice, planning, feasibility studies, and comprehensive solutions to our clients. Guaranti group is your trusted real estate consulting partner, and we will fully support your investment decisions to achieve mutual success.

Architectural Design

We provide unique designs tailored to meet individual needs and preferences while maximizing the potential of each piece of land. We carefully consider every square foot to achieve efficiency and architectural harmony.

Project Development Management

Unlike the traditional approach, which typically focuses solely on design or construction, our group assists in integrating engineers from various disciplines (such as structural, geotechnical, urban planning, environmental engineering, etc.) to coordinate and integrate throughout the complex government approval process. This initiative helps shorten the project's approval timeline and provides owners with the best advice when issues arise.

Mortgages Service

Compared to residential mortgages, obtaining development and construction mortgage involves more complexity in terms of application requirements, tax considerations, and processing procedures. As a leading national lending team, Guaranti Group is capable of providing clients with the best financing arrangements and higher mortgage amounts. Our close partnerships with banks and years of experience with construction teams will increase the chances of approval for every client.

Financing Service

We understand the unique financial challenges faced by small-scale development projects and can provide comprehensive financing assistance and guidance. As an all-in-one platform, Guaranti Group integrates high-quality land resources and investors in the market, providing you with a stronger advantage in securing development projects. As professional project and fund managers, we are committed to ensuring that the interests of each client are maximized.

Completed house sale

Our team supports the sales and marketing of newly constructed homes. We collaborate with clients to develop sales and marketing strategies to maximize return on investment.

Feel free to fill out the form on the right or give us a call for more information!

  • How many units can I put on my lot?
  • What is the maximum size you can build?
  • How much does it cost to build a Multiplex?
  • What is the maximum size for a laneway?
  • How much can you sell the units of a multiplex for?

Ready to start your Multiplex construction project?

Vancouver Home Construction -
Cost Estimate

Please fill out the contact form below to provide us with specific information about your project. We will arrange a one-on-one consultation to offer you professional advice.

We will reply within one working day

Ours projects

Vancouver Multiplex Home ROI

Multiplex Sale price per SqFt

The sale price of a multiplex can vary significantly depending on its geographical location within the city of Vancouver. Sales prices typically range from $1,100 to $1,450 per square foot, with the average sale price settling around $1,200 per square foot.

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