Brand New Multiplex Homes for Sale in Greater Vancouver

A multiplex home is one of several homes in one building on a single lot: a duplex has two homes, a triplex three and a fourplex four. Each home has its own front door and its own kitchen, with no shared hallway or elevator. Most are sold as strata homes, which means you hold title to your own home and share the land and the outside of the building with the other owners. Most multiplex homes for sale today are brand new, because British Columbia changed its rules in 2024 to allow more than one home on most house lots.

On October 9, 2026, MultiLiving counted 617 half duplex and townhome listings for sale in Vancouver and Burnaby on the MLS® system. The middle half were priced between $1,398,000 and $2,088,000. The middle price was $1,799,000 for a half duplex home (399 listings) and $1,478,900 for a townhome (218 listings). Greater Vancouver REALTORS publishes no price index for multiplex homes, so these figures are our own count of active listings, with the date shown.

For one home priced under $1.5 million, the minimum down payment is 5 percent of the first $500,000 and 10 percent of the rest, according to the Financial Consumer Agency of Canada. At $1.5 million or more it is 20 percent, and mortgage insurance is not available. On a $1,400,000 home that is $115,000. On a $1,799,000 home, the middle price of the half duplex homes we counted, the minimum is $359,800, because that price is over $1.5 million.

Often, yes. Since December 15, 2024, an insured mortgage can run for 30 years instead of 25 when your down payment is under 20 percent and either you are a first-time buyer or the home is newly built, according to the Department of Finance Canada. A brand new multiplex home meets the second test, so a buyer who has owned before can still qualify. The longer term lowers each monthly payment and raises the total interest you pay over the life of the loan.

Yes. Since November 24, 2022, no strata in British Columbia can have a bylaw that stops owners from renting out their home, according to the Province of BC. That covers almost every multiplex home, because most are sold as strata homes. A strata can still limit or ban short-term rentals, such as nightly stays, with a three-quarter vote of owners, so read the bylaws before you plan on that kind of rental.

Often not. British Columbia's Newly Built Home Exemption removes property transfer tax on a newly built home worth up to $1,100,000, with a partial exemption up to $1,150,000, according to the Province of BC. You must be a Canadian citizen or permanent resident, move in within 92 days, and live there as your main home for the first year. Above $1,150,000 you pay the normal tax, which on a $1,400,000 home is $26,000.

Yes, if you are a first-time buyer. The first-time home buyers' GST/HST rebate returns up to $50,000 of the GST on a brand new home priced at or below $1 million, according to the Canada Revenue Agency. Between $1 million and $1.5 million the rebate gets smaller, and at $1.5 million it is gone. The home must be your main home, and you must not have lived in a home that you or your spouse owned in the current year or the four years before.

MultiLiving is a website for buying a multiplex home in Greater Vancouver: duplexes, triplexes, fourplexes and townhomes, both pre-sale and ready to move in. It shows MLS® listings in Vancouver and Burnaby, updated every night, beside pre-sale projects with their floor plans and prices. The licensed brokerage behind MultiLiving is Grand Central Realty, and the licensee is Gary Paul, REALTOR®, Personal Real Estate Corporation. To ask about a specific home, contact the team at multiliving.ca/contact.