Where to Buy a Multiplex in Surrey

MultiLiving lists 1 pre-sale and new multiplex project in Surrey, BC. Each project page shows its homes, floor plans, prices where the seller has published them, and the team that built it. A project can hold one home for sale or several, so the number of homes is higher than the number of projects.

Prices on the Surrey projects listed on MultiLiving today run from $1.2M to $1.3M. The price depends on the size of the home, the number of bedrooms, the street, and whether the home is a pre-sale or ready to move in. Greater Vancouver REALTORS publishes no price index for multiplex homes, so these prices come from the projects on this page.

In Surrey you can buy one home inside a duplex (two homes in one building), a triplex (three), a fourplex (four) or a larger building of up to eight homes. Each home has its own front door and kitchen. Most are sold as strata homes, so you hold title to your home and share the land and the outside of the building with the other owners.

The Surrey neighbourhoods with the most multiplex projects on MultiLiving today are South Surrey. Each neighbourhood link on this page opens the projects in that area, with their prices, floor plans and the team that built them.

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.