What Does a Multiplex Cost in Vancouver? (Live Prices)
Duplex, triplex, and fourplex prices in Vancouver span a wide range depending on what you are buying, where it is, and whether it is brand new or an older building. MultiLiving counts the numbers on this page from active listings, and recounts them every hour, so they move with the market.
Questions about this guide: Gary Paul, REALTOR®, Personal Real Estate Corporation, Grand Central Realty, 778-828-7476
Key Topics
Price Varies Most by Location
Neighbourhood is the single biggest price driver across all multiplex types in Vancouver. A comparable unit on the east side and the west side can differ by hundreds of thousands of dollars.
Brand New vs Resale
A brand new pre-sale multiplex unit generally costs more per square foot than an older resale unit, because you are also paying for a full warranty and no repairs left waiting by a past owner. How much more depends on the specific building and neighbourhood.
East Van Is the Volume Market
On October 9, 2026, 207 of the 326 half duplex homes listed for sale in Vancouver were in the Vancouver East MLS® area and 119 in Vancouver West, by our own count. Renfrew, Grandview-Woodland, Fraser and Main had the most listings in the east, so buyers there have the most homes to compare.
No Published Benchmark for Multiplexes
Greater Vancouver's MLS® Home Price Index publishes benchmarks for detached homes, townhouses, and apartments only. There is no published index for duplexes, triplexes, or fourplexes, so the counts on this page come directly from active listings instead of a benchmark.
Per-Unit vs Whole-Building Pricing
If you are buying one unit in a strata-titled multiplex, you pay per-unit pricing. If you are buying an older non-strata duplex (the whole building), you pay whole-building pricing. These are two different purchases with different down payment rules.
Compare Burnaby Too
Burnaby borders Vancouver, so many buyers look at both cities. The live table below shows how the two compare today, one home type at a time.
Active Listing Prices by Building Type
Median asking price of active listings in MultiLiving's own copy of the MLS® listings, counted on October 17, 2026. Greater Vancouver's MLS® Home Price Index has no multiplex category, so this table counts the listings directly.
| Building Type | Vancouver: Median | Vancouver: Active Listings | Burnaby: Median | Burnaby: Active Listings |
|---|---|---|---|---|
| Duplex | $1,799,000 | 336 | $1,799,999 | 77 |
| Triplex | $1,499,900 | 31 | $1,499,900 | 8 |
| Fourplex | $1,699,900 | 72 | $1,539,900 | 27 |
Method: median asking price of Active listings only (sold and pending listings are left out) in MultiLiving's copy of the MLS® listings, recounted every hour. Duplex means a listing the MLS® record calls a half duplex, one of the two homes in a duplex building. Triplex and fourplex mean a listing whose MLS® record says the building has three or four homes. Check each listing to see whether it sells one home or a whole building. As of October 17, 2026.
Six Factors That Move the Price
Two seemingly similar duplexes can be priced far apart. Here is why.
Brand New vs Resale
Price Impact: HighA brand new duplex generally costs more per unit than a comparable older building. You are paying for modern layouts, new mechanical systems, warranty coverage, and lower strata risk. The premium is real but so is the peace of mind.
Neighbourhood
Price Impact: HighestThis is the biggest lever. Higher-demand west side neighbourhoods carry a meaningful premium over east side neighbourhoods for a comparable unit. School catchment, walkability, and proximity to employment centres drive the spread.
Unit Size (sqft)
Price Impact: MediumA larger unit sells for more within the same building. More bedrooms and bathrooms drive price proportionally, and Vancouver buyers pay close attention to bedroom count.
Parking & Outdoor Space
Price Impact: MediumA half duplex with a private garage and a usable backyard sells for more than one with tandem parking and a narrow side yard. Parking in particular is a premium item for families, and buyers pay for it.
Top Floor vs Ground Floor
Price Impact: Low to MediumIn an up-down duplex, top floor units typically sell for more for the same square footage because of natural light, views, and no overhead noise. Ground floor units trade at a discount but gain easier yard access.
Strata Health
Price Impact: Low to MediumA duplex with a well-funded contingency reserve and no outstanding bylaw violations will sell faster and closer to list price than one with a thin reserve fund. Buyers are increasingly sophisticated about strata documents, and a problem strata gets a lower offer.
How the Minimum Down Payment Works
The minimum down payment rises with the price and changes when you buy a whole building or a home you will not live in. The rules below come from the Financial Consumer Agency of Canada and from CMHC (the Canada Mortgage and Housing Corporation).
| Purchase Structure | Minimum Down Payment | Notes |
|---|---|---|
| One home you will live in, below $1.5 million | 5% of the first $500,000, plus 10% of the rest | Includes one strata home in a duplex, triplex or fourplex. Under 20% down, the mortgage needs insurance. |
| One home at $1.5 million or more | 20% of the price | CMHC insures homes priced below $1,500,000 only. |
| Whole duplex you will live in, below $1.5 million | 5% of the first $500,000, plus 10% of the rest | CMHC lets a lender count up to 100% of the rent from the other home. |
| Whole triplex or fourplex you will live in, below $1.5 million | 10% | CMHC lets a lender count up to 50% of the rent from the other homes. |
| Any home you will not live in | 20% | CMHC insures only homes the owner will live in, and the Bank Act stops a bank lending more than 80% of a home's value without insurance. |
Sources: Financial Consumer Agency of Canada, "How much you need for a down payment" (page dated October 15, 2025); CMHC, "Purchase" and "Rental income" mortgage loan insurance pages (rental income page published May 22, 2024); Bank Act, section 418 (current to September 21, 2026). All read October 9, 2026. For a figure on a specific listing, use the affordability calculator or talk to a licensed mortgage broker.
The bottom line
The live table above shows what is on the market today, counted from active listings, so you can judge a specific asking price against the middle of the market today.
In our view, west side neighbourhoods ask more than east side ones for a comparable home. The table counts each city as a whole, so compare neighbourhoods on the listing pages before you decide. Burnaby is worth a look too, since it borders Vancouver.
Use the affordability calculator to model your specific situation, then browse current listings to see what is available in your price range.
Data: MultiLiving's copy of the MLS® listings, active listings only, counted October 17, 2026. Greater Vancouver REALTORS monthly market report and MLS® Home Price Index, September 2026 (detached, townhouse and apartment benchmarks only; no multiplex benchmark). Financial Consumer Agency of Canada down payment rules; CMHC purchase and rental income rules; Bank Act, section 418; Province of BC Newly Built Home Exemption; Canada Revenue Agency first-time home buyers' GST/HST rebate. Read October 9, 2026.
General information only. The down payment rules and examples, mortgage insurance premiums, rental income rules, property transfer tax and GST rebate figures on this page are illustrative and based on rules as of the dates noted. They are not financial, mortgage, tax, or legal advice, and not a guarantee of qualification or any outcome. Mortgage rules, CMHC rules and tax thresholds change. Always consult a licensed mortgage broker, a tax professional and an independent real estate lawyer before making any purchase or financing decision.
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Key Takeaways
- As of October 17, 2026, the median active duplex listing in Vancouver on MultiLiving is $1,799,000.
- Greater Vancouver's MLS® Home Price Index does not publish a multiplex benchmark, so this page counts live active listings instead of citing one.
- Burnaby listings are shown alongside Vancouver in the table below so you can compare the two cities directly.
- Buying one strata home and buying a whole building follow different down payment rules.
- Brand new and resale homes are counted together, so a listing's age affects where it lands in the range.
Frequently Asked Questions
How much does a duplex cost in Vancouver right now?
On October 17, 2026, the median asking price of an active half duplex listing in Vancouver was $1,799,000, across 336 listings counted by MultiLiving from its own copy of the MLS® listings. A half duplex is one of the two homes in a duplex building. Half the listings asked more than this figure and half asked less, so it shows the middle of the market, and each home's price still depends on its size, age and neighbourhood.
When you look at a specific listing, check whether it sells one home (a strata lot) or the whole property, because those two prices cannot be compared. Greater Vancouver's MLS® Home Price Index does not publish a duplex benchmark, so this count of MultiLiving's own active listings is the most direct number available for this category.
How much does a fourplex cost to buy in Vancouver?
On October 17, 2026, the median asking price of an active fourplex home in Vancouver was $1,699,900, across 72 listings counted by MultiLiving from its own copy of the MLS® listings. The count takes every active listing whose MLS® record says the building has four homes. On the same day the median for a triplex home in Vancouver was $1,499,900, across 31 listings. An asking price is what the seller wants, and the final price can be higher or lower.
A fourplex listing can sell one home in the building or the whole building. A listing for an entire fourplex is a different kind of purchase, usually aimed at a buyer who wants to live in one home and either rent out or house family in the others. Read each listing carefully to see whether it covers one home or the whole building before comparing prices.
Are multiplex prices tracked by a published index in Vancouver?
No. Greater Vancouver's MLS® Home Price Index publishes benchmarks for detached homes, townhouses, and apartments only. There is no published benchmark for duplexes, triplexes, or fourplexes as a category, so any specific figure you see for 'multiplex prices' should tell you exactly where it came from.
MultiLiving counts the active listings in its own copy of the MLS® listings to give buyers a number for this category. Those counts update as listings come on and off the market, and the as-of date on this page tells you when the number was computed. Sold prices fall under the real estate board's rules and are shown only to verified registrants, so they never appear on a public page like this one.
What is the minimum down payment for a multiplex in Vancouver?
For one multiplex home you will live in, the minimum down payment is 5% of the first $500,000 and 10% of the rest up to $1.5 million, and 20% of the price at $1.5 million or more, according to the Financial Consumer Agency of Canada. Buying a whole triplex or fourplex you will live in needs 10% down under CMHC's rules, at a price below $1,500,000. A home you will not live in needs 20%, because CMHC insures only homes the owner lives in.
A down payment under 20% needs mortgage insurance. CMHC charges a premium of 4.00% of the loan when you borrow more than 90% of the price, and 3.10% when you borrow 85.01% to 90%. If you buy a whole duplex and live in one home, CMHC lets a lender count up to 100% of the rent from the other home toward your income; for a whole triplex or fourplex it is up to 50%. A licensed mortgage broker can work through the numbers for your situation.
Is a multiplex home cheaper in Burnaby than in Vancouver?
On October 17, 2026, the median asking price of an active half duplex in Burnaby was $1,799,999, higher than the Vancouver median of $1,799,000, counted by MultiLiving from its own copy of the MLS® listings. For fourplex homes the medians were $1,539,900 in Burnaby and $1,699,900 in Vancouver. Burnaby had 77 active half duplex listings and Vancouver had 336. In our view, choose the neighbourhood first, then compare prices inside it, because a city-wide median hides the gap between areas.
What down payment does a half duplex at the Vancouver median price need?
On October 17, 2026 the median asking price of a half duplex in Vancouver was $1,799,000, and a half duplex at that price needs a minimum down payment of $359,800, under the Financial Consumer Agency of Canada's rules. At $1.5 million or more the minimum is 20% of the price, and CMHC cannot insure the mortgage, because its homeowner insurance covers prices below $1,500,000 only. Closing costs, such as legal fees and any property transfer tax, come on top of the down payment.
How do multiplex prices compare with a detached house in Greater Vancouver?
A half duplex in Vancouver had a median asking price of $1,799,000 on October 17, 2026, counted by MultiLiving from its own copy of the MLS® listings, and Greater Vancouver REALTORS put the detached house benchmark at $1,784,700 in September 2026, down 7.3% over one year. The two figures measure different things. The benchmark is a price index for a typical detached house across the whole Greater Vancouver region. Our figure is the middle asking price of half duplex homes listed for sale in the City of Vancouver on one day.
Do I pay property transfer tax on a new multiplex home in BC?
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.
Can a first-time buyer get the GST rebate on a new multiplex home?
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.
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