Mount Pleasant marketplace
Mount Pleasant Real Estate: Townhomes, Duplexes & Multiplex Homes for Sale
13 active multiplex and townhome listings in Mount Pleasant, Vancouver, BC. Filter by home type below, or scroll down to browse every home.
About Mount Pleasant
Mount Pleasant straddles Main and Cambie from roughly 2nd Avenue south to 16th, with Olympic Village on the north edge and Riley Park to the south. Main Street is the food, design, and brewery spine; Cambie's the transit and grocery side. The neighbourhood reads as Vancouver's mid-density laboratory: the highest concentration of architecturally interesting new multiplex builds in the city. Excellent walkability, fast bike access to downtown, two skytrain stations within range. Schools include Mount Pleasant, Sir William Van Horne, and Sir Charles Tupper Secondary.
Design-conscious professionals, creative-industry workers, and families upgrading from a one-bedroom condo nearby. Buyers tend to value walkability and architecture over square footage, which makes townhomes and well-designed duplexes a natural fit.
Mount Pleasant has seen the strongest concentration of new-build multiplex inventory in central Vancouver since the small-scale multi-unit housing rules came in. Per-square-foot prices are high but unit sizes are smaller than west-side equivalents, putting all-in prices a notch below Kits or Kerrisdale.
Home types in Mount Pleasant
Townhomes
Ground-oriented townhomes with their own front door, often three storeys, side-by-side with neighbours.
2 active
Median $1,234,500
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Duplexes
Two-home buildings (side-by-side or stacked) that give you a full home without the cost of a detached lot. In BC, these are often listed as half duplexes on MLS®.
10 active
Median $1,858,400
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Triplexes
Three-home multiplex buildings, often built under BC's small-scale multi-unit housing rules. Most active inventory is pre-sale or coming-soon.
2 active
Median $1,788,000
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Fourplexes
Four-home multiplex buildings (also called 4plex or quadruplex), the most common new-build format in BC's missing-middle housing rollout.
0 active
Pre-sales available
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Multiplexes
All multiplex formats in one place: duplexes, triplexes, fourplexes, and any larger ground-oriented buildings.
13 active
Median $1,828,800
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Nearby neighbourhoods
Buying a multiplex in Mount Pleasant
What multiplex homes are for sale in Mount Pleasant, Vancouver?
13 homes in Mount Pleasant, Vancouver are listed for sale on the MLS® system today, including duplexes, townhomes and other homes in multiplex buildings. Asking prices run from $889,000 to $2,998,000. MultiLiving brings in new MLS® listings every night, and every home on this page shows its address, price and size. Save any home to come back to it later.
How much does a multiplex home cost in Mount Pleasant, Vancouver?
The middle asking price of the 13 homes listed in Mount Pleasant, Vancouver today is $1,828,800. By type, the middle price is $1,858,400 for a half duplex home (10 listed) and $1,234,500 for a townhome (2 listed). Greater Vancouver REALTORS publishes no price index for multiplex homes, so these figures come from the listings on this page, and they change as homes sell and new ones are listed.
How much down payment do I need for a home in Mount Pleasant?
At $1,828,800, the middle asking price in Mount Pleasant, Vancouver today, the minimum down payment is $365,760. Under federal rules, a home under $1.5 million needs 5 percent of the first $500,000 and 10 percent of the rest, and a home at $1.5 million or more needs 20 percent, with no mortgage insurance available, according to the Financial Consumer Agency of Canada. Two buyers who pool their savings count as one down payment.
What is it like to live in Mount Pleasant?
Mount Pleasant straddles Main and Cambie from roughly 2nd Avenue south to 16th, with Olympic Village on the north edge and Riley Park to the south. Main Street is the food, design, and brewery spine; Cambie's the transit and grocery side. The neighbourhood reads as Vancouver's mid-density laboratory: the highest concentration of architecturally interesting new multiplex builds in the city. Excellent walkability, fast bike access to downtown, two skytrain stations within range. Schools include Mount Pleasant, Sir William Van Horne, and Sir Charles Tupper Secondary.
Can I get a 30-year mortgage on a new home in Mount Pleasant?
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.
Can I rent out a multiplex home in Mount Pleasant?
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.
Do I pay property transfer tax on a new home in Mount Pleasant?
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.
Is there a GST rebate for first-time buyers in Mount Pleasant?
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.
How do I buy a multiplex home in Mount Pleasant?
Start with a mortgage pre-approval, so you know the price you can pay. Then look through the homes in Mount Pleasant on this page and save the ones you like. Before you make an offer on a strata home, read its bylaws, the minutes of recent owners' meetings and the budget, which show the monthly fee and any planned repairs. MultiLiving's licensed REALTORS® can book viewings and help you write the offer: contact the team at multiliving.ca/contact.
