Vancouver's updated zoning regulations are opening new doors for property owners, buyers, and investors. The shift to allow multiplex housing on former single-family (RS-zoned) lots means more options, more flexibility, and new opportunities for people who previously felt priced out of the market—or unsure of how to best use their property.
So, who should be paying close attention to this multiplex movement? If you fall into any of the categories below, this could be a game-changing moment for you.
🏡 Sellers
If you currently own an older home on an RS-zoned lot with alley access, especially one that’s nearing the end of its life and ready for redevelopment, you may be sitting on highly valuable land. With multiplex zoning now in place, developers and buyers are placing more value on the land itself, not just the structure. This could be your opportunity to sell at a premium.
👵 Aging in Place
Buyers who are currently shopping for condos or townhomes now have a new alternative: multiplex homes. These units can offer independent living in familiar neighborhoods, close to family, work, and long-time communities—making them a strong option for those looking to downsize without leaving the area.
👨👩👧 Multigenerational Families
If you’ve dreamed of living near family but maintaining separate living spaces, a multiplex is an ideal solution. Multiple self-contained units mean extended families can live close—while still enjoying privacy, autonomy, and comfort. It’s the best of both worlds.
🧑🤝🧑 Friends Looking to Co-Buy
The new zoning also opens the door for friend groups who want to co-invest in real estate. Up to six individuals or families can now purchase land together, custom-build a multiplex, and each own their own unit. It’s a fresh and innovative approach to homeownership, especially in a market where affordability is a challenge.
💼 Property Owners Building a Legacy
If you're looking to create generational wealth, a multiplex can be a smart long-term investment. By developing your property into multiple units, you can pass down housing—and income potential—to your children or grandchildren. It’s a meaningful way to build a real estate legacy.
💸 Investors
Want to live in one unit and rent out the others? Multiplexes allow you to become an owner-occupier while generating rental income from the remaining units. Whether you hold, rent, or sell, this model gives investors more options and stronger returns.
🏗️ Developers & Community Builders
The multiplex model is an exciting new space for developers and small-scale builders who want to create more housing options without high-rise complexity. It's also ideal for those passionate about shaping sustainable, people-focused communities within existing neighborhoods.
Are You Ready to Explore the Possibilities?
Whether you’re a homeowner considering a redevelopment, a buyer looking to co-invest, or an investor ready to dive into Vancouver’s changing housing landscape—we’re here to guide you through it.
📌 Get your free feasibility study to see what your property is capable of under the new rules.
📅 Or book a 1:1 call with Maria to discuss your goals and next steps.
Let’s turn opportunity into action—together.