The TRUTH About Vancouver Multiplex: Real Costs, Real Profits, Real Risks

The multiplex rezoning has been in place for just over a year — but is it actually working? In this video, I go deeper than anyone else into the numbers, the deals, and the realities on the ground. Here’s what you’ll discover: ✅ Exactly how many multiplex permits have been applied for — and how many are already under construction. ✅ Real pro formas from 3 client properties — including one where a homeowner stands to net over $1 million more than if she sold her property today. ✅ What it really costs to build a multiplex, how developers are pricing, and what kind of profits can be made. ✅ How developer projections stack up against the biggest valuation firms in the country (Altus Group & Laidler). ✅ A powerful new tool where you can type in your own address and instantly see if your property qualifies for multiplex, how many units can be built, and what kind of revenue it could generate. I also cover some growing pains and what homeowners, investors, and developers need to know to stay ahead. This is not just another policy update — this is the most detailed, fact-based breakdown of Vancouver’s multiplex revolution available anywhere. If you’re a homeowner, developer, or simply curious about how this rezoning is reshaping our city, you won’t want to miss this. Watch until the end to see why multiplex might completely change the way you think about property ownership in Vancouver. 0:00 Intro 1:17 Background on the historic legislation 3:06 How many active permits 4:58 Multiplex tracker 6:30 Pro forma 1 9:41 Pro forma 2 12:01 Pro forma 3 12:21 Laidler Analysis 17:50 Altus Group Analysis 21:24 MLS Sales 25:10 Property Analysis 27:15 Summary Analyze Your Property: http://thevancouverlife.com/multiplex What our other Multiplex videos :    / @thevancouverlife   _________________________________ ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ 🤔Thinking of selling or buying in Vancouver, BC? 📱 Call or Text: 604.809.0834 📨 Email: [email protected] 🌐 Book A Time: https://calendly.com/danwurtele/30min ⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️ Dan Wurtele & The Vancouver Life Real Estate Group, eXp Realty 🏆 Top 1% Presidents Club since 2024 🏆 Top 10% Medallion Club since 2019 🏆 Over $500,000,000 in sales www.thevancouverlife.com ________________________________