Building a Duplex in Vancouver

10/31/2018

Are you planning on building a duplex in Vancouver? Here's a brief list of benefits and drawbacks to consider.

What is a Duplex?
A duplex is a single residential property with two dwellings under one roof and a dividing wall between the two living spaces. Each side of the wall is a completely separate home, with its own entrance, parking space, yard and amenities. Usually duplexes are on one title, meaning both halves must be sold together, however, there are times when a duplex can be subdivided into two separate titles and each home sold separately.

What Are the Benefits?

Value added to the property.
Potential for multi-generational living (family closeness).
Great option for downsizing for future retirement.
Potential for rental incomes.
Ability to stratify and sell one or both units of the duplex as an investment.
Go through the building process only once while technically building two separate units.
While not official, there is discussion that the city may allow basement suites in each duplex unit; increasing income potential.

What Are the Drawbacks of Building a Duplex?

Construction costs of building a duplex generally costs more as there is two of everything IE. services, millwork, countertops, plumbing fixtures, & lighting fixtures etc...

As you can see the benefits greatly outweigh the drawbacks for building a duplex in Vancouver.
If you're considering building a duplex, contact us today to discuss your project.

4 Comments

Mia Evans link

4/22/2023 02:37:33 am

Thanks for pointing out that duplexes would be two properties that are under one roof with just a dividing wall between them. I have been thinking about looking for an apartment duplex for lease and see if it might be the perfect property for my family of four. Since we are just a small family, it might be perfect for us, especially if its rates or prices would be within the budget my husband and I were able to save.

Health and Safety Consultant link

6/13/2023 12:28:45 am

The Vancouver housing market can be challenging, and your insights shed light on the advantages of building a duplex as a viable option. The potential for rental income, cost savings through shared construction expenses, and the flexibility to customize each unit to meet specific needs are all compelling reasons to consider this route. Your emphasis on hiring a reputable builder and navigating the city's regulations adds valuable guidance for anyone embarking on such a project. Thanks for sharing your expertise on building duplexes in Vancouver!

Commercial Contractors Toronto link

7/24/2023 11:40:20 am

Very insightful and helpful! Thanks for posting this

Kobo link

2/7/2024 05:54:37 pm

These are some great tips on what goes into the construction of a duplex! True that it costs more to build, but the returns tend to be very rewarding. Thanks for the article.

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Building a Duplex in Vancouver

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