What fits on your lot?
Type a Metro Vancouver address. In 5 seconds you get the unit count, the build cost and the expected return.
Active MLS® listings of lots ready for a multiplex rebuild.
Browse all multiplex lots for sale →Money is made in acquisition
The best multiplex deals on the market today. Found for you.
We run a full multiplex proforma on every multiplex-eligible detached listing across six BC cities as it hits the MLS®. Most lots don't pencil. These do.
271 lots
pencil at 50%+ ROE right now
13 new
in the last 7 days
$1.8M
avg pre-tax profit per lot
Top deals
Proforma model by VanPlex co-founder David Babakaiff, built on 25+ years of BC construction costs. How we compute ROE
Real active listings. Addresses, exact prices, and the full proforma (pre-tax) are PlexPro-only. List prices rounded to the nearest $100k.
- Average pre-tax profit per lot
- $1.8M
- PlexPro
- Free for 14 daysthen $999/month ($11,988 a year)
- One deal covers
- 147 years of the subscription
Each lot goes to one buyer: the one who saw it first.
Fresh inventory
The newest multiplex-eligible lots
Detached listings that just hit the MLS®. Each one is a candidate for a multiplex rebuild.
The multiplex project database
We can see every multiplex being built in Metro Vancouver.
Not the ones that are finished and listed. The ones at development permit, at building permit, half framed, and weeks from completion. That is how you know what is coming to your street before it gets there.
multiplex projects tracked, permit to completion
Development permit
Building permit
Under construction
Completed
Coming soon, already selling
See all → See every multiplex for sale →-
Near completion 3 listed 595 E 49th Ave Sunset, Vancouver 2 to 3 bd · 645 to 1,726 sqft · 4 homes
from $620K
View →
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Near completion 2 listed 2535 E Broadway Hastings-Sunrise, Vancouver 2 to 3 bd · 740 to 1,309 sqft · 4 homes
from $660K
View →
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Pre-sale 1 listed 4910 Laurel St Greentree Village, Burnaby 4 bd · 1,770 sqft · 6 homes
from $1.3M
View →
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Pre-sale 2 listed 7609 Coldicutt St Cariboo, Burnaby 4 bd · 2,067 sqft · 4 homes
from $1.7M
View →
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Building permit 2 listed 753 Edgar Ave Coquitlam 4 bd · 1,855 to 1,865 sqft · 3 homes
from $1.2M
View →
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Building permit 2 listed 1045 Quadling Ave Coquitlam 3 to 4 bd · 1,510 to 1,630 sqft · 4 homes
from $1.2M
View →
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Building permit 1 listed 261 265 W 6 St North Vancouver 3 bd · 1,852 sqft · 3 homes
from $1.8M
View →
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Near completion 3 listed 2995 Adanac St Hastings-Sunrise, Vancouver 2 to 4 bd · 724 to 1,488 sqft · 3 homes
from $799K
View →
Prices, beds and sizes are per home, from the live MLS® listing.
Project records powered by MultiLiving.ca, from City of Vancouver, City of Burnaby and other municipal permit records. Counts read 2026-10-08.
Every PlexScore™ runs on real data
Lots scored by PlexRank
PlexRank coverage
Vancouver projects tracked
BC cities covered
To check your lot
From the blog
Latest insights
Vancouver real estate and multiplex development, explained.
Selling a Coquitlam Multiplex in 2026: Prices, Taxes, Rules
Coquitlam's townhouse benchmark is $976,600, $23,400 under the line where first-time buyers get all GST back. Michael Lee of Cityecho on pricing and selling multiplex homes.
Building a Coquitlam Fourplex: What the Rules Decided
What one finished Maillardville fourplex taught Majack Developments about Coquitlam's unit limits, parking by home size, the Development Permit and land titles.
The Future of Multiplexes: What Should a Smart Home Do?
Where does a household robot sleep? Would you want a mirror that reads your pulse, or a wall that texts you when moisture changes? David Babakaiff asks which smart-home features belong in a new Vancouver multiplex.
PlexIntel — the data division
The data layer under every score
The same dataset behind PlexScore™ — 205,047 scored lots, 791 tracked Vancouver projects, build-cost models for five cities — is available to the people who need it whole: investment firms screening lots, municipalities measuring whether rezoning produces housing, and lenders checking the math before committing.
Vancouver Missing-Middle Intelligence Platform
VanPlex scores missing-middle housing potential across British Columbia. Enter any address and get its PlexScore™: the multiplex feasibility, profit, build budget, and timeline for that lot under Bill 44 and SSMUH. The score takes seconds.
Behind every score is PlexRank, which has analyzed 205,047 lots across six BC cities for return on equity under current zoning. The platform also tracks 791 Vancouver multiplex projects, zoning by district, and development costs, so the numbers reflect what is actually getting built and approved.
Homeowners use it to see what their lot can become. Investors screen lots by return on equity. REALTORS® pull a PlexScore™ for any listing. When an owner is ready to build, VanPlex connects them with vetted builders and experts or co-develops the project directly.
Behind the Score
The cost numbers come from someone who's built.
David Babakaiff has built homes in BC for 25+ years, formerly principal of Alair Homes Vancouver. He co-founded VanPlex so the construction cost, timeline, and approval assumptions inside every PlexScore™ come from someone who has built these projects, not a spreadsheet. PlexRank has now scored 205,047 lots across six BC cities.
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HAVAN 2024 — Best Multiplex Unit
Alair Homes Vancouver
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HAVAN 2024 — Finalist, Best Multiplex Development
Alair Homes Vancouver
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HAVAN 2024 — Finalist, Best Custom Home Over $3M
Alair Homes Vancouver
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Top Choice Award — Best Residential Builder, Vancouver
2016 & 2017 · David Babakaiff
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CHBA Thompson Okanagan — Multiple Best Home Wins
2002–2005 · David Babakaiff
“The missing middle is still missing.”
VanPlex co-founder David Babakaiff, a Vancouver builder with more than 25 years of experience, joined Castanet's Okanagan Edge to discuss British Columbia's Bill 44 zoning in Kelowna. Drawing on VanPlex's lot-by-lot analysis, he explained that roughly 75% of the city's rezoned properties are not economical to convert to multiplex housing under current construction costs and financing.
“Zoning only establishes the legal right to build. It does not establish the economic common sense to do it.” — David Babakaiff, VanPlex co-founder and former principal of Alair Homes Vancouver
AI-Powered Visualization
Picture it before you build
BetaEver wonder what a multiplex would look like on your lot? Pick a style, and our AI places it right on your property's Street View. Slide between today and what's possible.
6 design styles to explore
Common questions
Vancouver multiplex development — answered
Can I build a multiplex on my lot in Vancouver?
Most lots in Vancouver that were zoned RS (single-family residential) before 2023 now fall under R1-1 zoning, which allows 3 to 6 units under Bill 44 and BC's Small-Scale Multi-Unit Housing (SSMUH) rules. Whether you can build 3, 4, or 6 units depends on your lot size, frontage, and the specific city. Enter your address on VanPlex for an instant check.
How much does it cost to build a multiplex in Vancouver in 2026?
Construction costs run $450 to $550 per square foot for a standard Metro Vancouver multiplex. A typical fourplex — around 5,200 sq ft — totals $5.6M to $8M all-in, including design, permits, development cost charges (DCCs), and construction. VanPlex generates a property-specific budget when you run a PlexScore™.
What is R1-1 zoning in Vancouver?
R1-1 is Vancouver's Residential Inclusionary zone, which replaced the old RS single-family zones in 2023. Under R1-1, landowners can build up to 6 units on a standard lot — or up to 8 units if all units are rented at below-market rates. This opened roughly 71,000 Vancouver lots to missing-middle housing for the first time.
How long does a multiplex permit take in Vancouver?
A Vancouver development permit for a standard SSMUH multiplex typically takes 3 to 6 months, followed by 2 to 4 months for the building permit. Projects that match the as-of-right zoning rules move faster than those needing discretionary review. VanPlex tracks 791 active Vancouver multiplex projects and can provide a current neighbourhood estimate.
What is PlexScore™?
PlexScore™ is the output of VanPlex's multiplex calculator: a feasibility rating for any BC address, scored 0 to 10. It combines zoning eligibility, lot geometry, estimated build cost, projected unit prices, and return on equity into one number. A score of 7 or higher means the project is likely profitable under current market conditions. The score takes 5 seconds to generate.
How many BC lots has VanPlex analyzed?
PlexRank has scored 205,047 lots across six BC cities: Vancouver (71,186), Burnaby (36,905), Kelowna (36,117), Coquitlam (27,874), Richmond (25,919), and the City of North Vancouver (7,046). Every score comes from the same address-level model that powers a PlexScore™ lookup.
Does Bill 44 rezoning mean every lot is worth converting?
No. Zoning only establishes the legal right to build, not the economic case for building. VanPlex's lot-by-lot analysis in Kelowna found roughly 75% of that city's rezoned properties are not economical to convert under current construction costs and financing, which is why a PlexScore™ check on your specific address matters more than the zoning bylaw alone.
Who is behind VanPlex's cost and timeline assumptions?
David Babakaiff, VanPlex's co-founder, has built homes in BC for over 25 years and was formerly principal of Alair Homes Vancouver. The construction cost, timeline, and approval assumptions inside every PlexScore™ come from that hands-on building experience rather than a generic spreadsheet model.
Bill 44 • Missing Middle
SSMUH & Gentle Density Resource Hub
Stay ahead of British Columbia's gentle density rollout. Explore our provincial SSMUH briefing and municipal gentle density playbook to understand unit yields, permitting timelines, financing, and construction delivery across Metro Vancouver, Fraser Valley, and Sea-to-Sky.
Small-Scale Multi-Unit Housing (SSMUH)
View guideProvincial status tracker, municipal adoption map, implementation timeline, and VanPlex delivery pillars for 3–6 unit multiplex developments.
- Municipal eligibility tiers, parking triggers, and servicing requirements
- Financing benchmarks and pro forma guardrails
- Case studies from Vancouver, Burnaby, and Surrey SSMUH projects
Gentle Density Playbook
View playbookCompare multiplex, rowhouse, cottage court, and laneway infill strategies with timelines, consultant scopes, and pre-development checklists.
- City-specific case studies spanning Vancouver to Tri-Cities
- Pre-development checklist aligned with Bill 44 deliverables
- Launch kit download with multiplex pro forma and intake checklist
Vancouver Zoning Codes Simplified
Read articlePlain-language breakdown of every RT, RM, R1-1, and RR district with visuals and PlexScore™-ready insights for investors and homeowners.
- Understand build forms, location context, and investor angles schedule by schedule
- Multiplex, rental, and heritage retention opportunities demystified
- Includes in-page address lookup to pull a PlexScore™ for your property
Multigenerational Living Guide
View guideHow 441,750+ Canadian families are using multiplexes to house three generations on one lot—with privacy, rental income, and up to $7,000 in federal tax credits.
- MHRTC tax credit breakdown and stacking strategy for 2026
- Accessible ground-floor design for aging parents vs. $7K–$18K/month care facilities
- Census data on BC’s multigenerational household growth and municipal hotspots
Missing Middle Housing Hub
View hubThe full BC playbook on duplex through sixplex: Bill 44, zoning, parking and single-stair reform, financing, feasibility, and city-by-city policy. 26 pages with primary-source citations on every claim.
- Building types: duplex, triplex, fourplex, sixplex, courtyard cluster, townhouse
- Policy: Bill 44, R1-SSMUH, parking minimum removal, single-stair to 6 storeys
- Empirical case: Auckland, Minneapolis 2040, Tokyo — what actually added units
Build-to-Rent Multiplex Hub
View hubVancouver-first resource on when small-lot rental actually works in BC, how secured rental differs from strata, and which cities deserve real underwriting attention.
- Vancouver 8-unit secured-rental versus 6-unit strata comparison
- CMHC MLI Select thresholds, debt coverage, and hold-period risk stack
- Metro-first city matrix marking markets as strong, selective, or weak