Brand New Multiplex Homes for Sale in Greater Vancouver

A multiplex is a ground-oriented residential building with 2 to 8 self-contained units on a single lot in BC. Duplexes have 2 units, triplexes have 3, and fourplexes have 4. Each unit has its own front door, kitchen, and living space — so your family lives privately, not in shared hallways like a condo. Unlike a strata condo, multiplex owners hold land title directly under their unit. Brand new multiplexes in Greater Vancouver typically deliver 1,400–2,200 square feet per unit, far more space than a comparable condo at the same price.

Brand new multiplex units in Greater Vancouver typically range from $700K to $1.6M per unit in 2026, depending on the city, size, and number of bedrooms. That is roughly 15–25% less per square foot than a detached home in the same neighbourhood, according to REBGV MLS® benchmark data. Vancouver East and Burnaby have the most active new-build pipelines. Duplexes (2 units) start lower than fourplexes (4 units) because fourplex buyers share land costs across more households. Pre-sale pricing is often $50K–$100K below resale for the same floor plan.

BC Bill 44 (passed November 2023, in force June 2024) requires every BC municipality over 5,000 people to allow 3–4 units of small-scale multi-unit housing on nearly all residential lots. Lots over 280 m² within 400 m of frequent transit stops can build up to 6 units. The law overrides local single-family zoning province-wide — cities cannot block it. In practice, this opened thousands of Vancouver and Burnaby lots to duplex, triplex, and fourplex construction that would have been illegal before 2024, driving a surge in brand new ground-oriented homes across Metro Vancouver.

Yes — in almost all cases. Owner-occupiers in BC can live in one unit and rent the others. CMHC mortgage insurance allows lenders to count up to 50% of projected rental income toward your qualifying income when you buy an owner-occupied multiplex. For a Vancouver fourplex with three rental suites at $2,200/month each, that rental income can add roughly $150K–$200K in borrowing power. Some municipalities ask that you live in one unit as owner-occupier, but the rental income is yours to keep. MultiLiving's buying guide explains exactly how to present rental income to your lender.

MultiLiving lists brand new multiplex homes across Greater Vancouver, including Vancouver, Burnaby, Surrey, Port Moody, North Vancouver, and West Vancouver. Vancouver currently has the largest pipeline of new-build duplexes, triplexes, and fourplexes — particularly in East Van, Grandview-Woodland, Kensington, and Riley Park — because the city adopted its Multiplex Policy ahead of Bill 44. Burnaby is quickly catching up, with strong pre-sale activity near SkyTrain corridors in Brentwood, Burnaby Heights, and Capitol Hill. Listings on this site are updated daily from the MLS® feed.

CMHC insures owner-occupied multiplex purchases up to $1.5M. Buying a single unit in a multiplex takes as little as 5% down on the first $500K and 10% on the remainder; buying a whole triplex or fourplex takes 10% down. First-time buyers purchasing a brand new multiplex (pre-sale or new construction) can use a 30-year amortization, which lowers monthly payments compared to the standard 25-year. Lenders count 50% of projected rental income from other units toward your qualifying income — which typically adds $80K–$150K in borrowing power. Stack this with the federal First Home Savings Account (FHSA, up to $40K tax-free) and BC's New Housing PTT Exemption and the effective cost to enter a multiplex is meaningfully lower than it looks.