8-Plex Property Listings for Sale

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Apartment for sale: 2113 - 8 PARK ROAD, Toronto

39 photos

$589,900

2113 - 8 Park Road, Toronto (Rosedale-Moore Park), Ontario M4W 3S5

1 beds
1 baths
2 days

Yonge/Bloor This Exceptional Fully Renovated Yorkville Property Offers Direct Access To The TTC Bloor/Yonge Station Via The Hudsons Bay Centre. Further Enjoy The Convenience Of Underground Shopping And Path To The Manulife Centre. Turnkey, This Property Has All New Stainless Steel Appliances

Other for sale: 8 ONTARIO STREET, Havelock-Belmont-Methuen

39 photos

$429,900

8 Ontario Street, Havelock-Belmont-Methuen (Havelock), Ontario K0L 1Z0

5 beds
4 baths
2 days

Ontario St. & Union St. 8 Ontario St, Havelock - Fantastic 4-Plex Opportunity! Discover the perfect investment or owner-occupancy opportunity at 8 Ontario St in Havelock. This well-maintained 4-plex, serviced by town utilities, offers a prime location in a peaceful area while remaining just

Row / Townhouse for sale: 7000 MCGILLIVRAY LAKE Drive Unit# 8, Sun Peaks

56 photos

$1,614,999

7000 Mcgillivray Lake Drive Unit# 8, Sun Peaks (Switchback Creek), British Columbia

3 beds
3 baths
68 days

Discover Switchback Creek - Sun Peaks' newest luxury alpine homes, offering a perfect blend of relaxation and vibrant village life. Enjoy stunning mountain views, upscale designer finishes with premium upgrade options and flexible floor plans in both 6-plex and 4-plex configurations. Large

Apartment for sale: 7005 MCGILLIVRAY LAKE Drive Unit# 8, Sun Peaks

13 photos

$980,999

7005 Mcgillivray Lake Drive Unit# 8, Sun Peaks (Switchback Creek), British Columbia

2 beds
2 baths
68 days

Discover Switchback Creek - Sun Peaks' newest luxury alpine homes, offering a perfect blend of relaxation and vibrant village life. Enjoy stunning mountain views, upscale designer finishes with premium upgrade options and flexible floor plans in both 6-plex and 4-plex configurations. Large

Other for sale: 329 JOSEPHINE STREET W, North Huron

26 photos

$879,000

329 Josephine Street W, North Huron (Wingham), Ontario N0G 2W0

11 beds
6 baths
127 days

Josephine Street & Maple St Looking to own an investment property, this Charming Six-Plex Building located in the town of Wingham in North Huron of Ontario would be a dream come through for you. Unique with it's architecture and friendly residents, numerous local businesses and shops around

House for sale: 15 DELROY DRIVE, Toronto

19 photos

$1,795,000

15 Delroy Drive, Toronto (Stonegate-Queensway), Ontario M8Y 1M8

5 beds
2 baths
42 days

Royal York And Queensway Build your dream home, move right in, or collect great income. Incredibly rare 58x159 south facing ravine lot. Large private backyard surrounded by lush mature trees, creating exceptional privacy and tranquility. New architectural plans for a dramatic custom home included

Fourplex for sale: 243 ONTARIO STREET, St. Catharines

29 photos

$639,900

243 Ontario Street, St. Catharines (451 - Downtown), Ontario L2R 7J2

4 beds
4 baths
182 days

ONTARIO STREET & BEECH STREET Four-plex, with major potential upside. 5 hydro meters. Ample parking spots. 5 bathrooms. New shingled roof 2021. All water heaters are owned. Apprx 3000+ sq ft of finished living space. Income from the billboard. Close proximity to former General Motor Lands.

Multi-Family for sale: 419 9th STREET E, Prince Albert

19 photos

$715,000

419 9th Street E, Prince Albert, Saskatchewan S6V 0Y1

0 beds
0 baths
167 days

Super investment opportunity! This well maintained 8 plex features 4 - 2 bedroom units, 3 - 1 bedroom units, and 1 bachelor suite. The building is pet free, smoke free, and offers 8 onsite electrified parking stalls at the back of the property. Enhanced with substantial value, this building

Row / Townhouse for sale: 51 - 10 COASTAL CRESCENT, Lambton Shores

40 photos

$718,000

51 - 10 Coastal Crescent, Lambton Shores (Grand Bend), Ontario N0M 1T0

3 beds
3 baths
44 days

Del Sol Way Welcome to the 'Michigan' Model at South of Main, Grand Bend's newest and most sought-after subdivision. This professionally designed home, built by the award-winning local builder MedwayHomes Inc., offers the perfect blend of modern living and small-town charm. Ideally located

Fourplex for sale: 18 BLANSHARD STREET, West Perth

21 photos

$1,499,000

18 Blanshard Street, West Perth (Mitchell), Ontario N0K 1N0

8 beds
4 baths
107 days

From Highway 8 turn onto Highway 23/ Blanchard Street- property will be on your right Introducing this newly built Four-Plex that’s perfect for investors. This property features 4 spacious 2-bedroom, 1-bathroom units (one unit with additional accessible features, each thoughtfully designed

Multi-Family for sale: 4504 8B Avenue, Edson

48 photos

$569,900

4504 8b Avenue, Edson (Edson), Alberta T7E 1B2

0 beds
0 baths
220 days

Investors, don't miss out on this profitable four plex located in a family-friendly neighbourhood! This prime property is walking distance to schools, public trails, parks, and shopping. Each unit features a galley style kitchen, dining area, spacious living room, 2 2-bedroom units, 2 3-bedroom

Multi-Family for sale: 44 FROOD ROAD, Sudbury Remote Area

15 photos

$2,495,000

44 Frood Road, Sudbury Remote Area, Ontario P3C 4Z2

0 beds
0 baths
51 days

Frood Road / Beech Street Welcome to 44 Frood Road, Super Rare, Turn Key 18-Plex Multi-Family Apartment Building Located In The Heart Of Downtown Sudbury. 18 Units Total Consisting Of 1 X Studio, 11 X 1 Bedroom, 6 X 2 Bedroom Units And Coin Laundry. Separate Hydro Meters. Over $1M Spent In

Fourplex for sale: 381 MARY STREET N, Oshawa

18 photos

$1,195,000

381 Mary Street N, Oshawa (O'Neill), Ontario L1G 5C9

4 beds
4 baths
70 days

Mary/Hillcroft Don't miss this exceptional investment opportunity in the heart of O'Neill, one of Oshawa's most desirable neighbourhoods. This legal non-conforming 4-plex, rarely offered, boasts four renovated units two updated 2-bedroom apartments and two modern bachelor units. Each unit

Multi-Family for sale: 1044 Hillside Ave, Victoria

67 photos

$3,299,000

1044 Hillside Ave, Victoria, British Columbia V8T 2A5

0 beds
0 baths
143 days

Prime Location+Golden Opportunity=Hazlett Apartments at 1044 Hillside Ave! This revenue 8-Plex property(TWO 4-Plex buildings) with 5 separate strata titles presents an incredible value in respect to location, property condition and profit. The rear building was constructed in 2010&the front

Unknown for sale: 201 25th STREET W, Saskatoon

4 photos

$262,000

201 25th Street W, Saskatoon, Saskatchewan S7L 0C3

0 beds
0 baths
33 days

Great Development opportunity awaits. Must be sold with 205 25th st (SK990302) for a total of 75 feet of frontage by 100 feet deep. Situated in Caswell Hill this corner lot provides many opportunities. Potential rezone for an apartment building, 4-plex or 3 side by side houses with basement

Fourplex for sale: 22 MAIN Street N, Waterford

50 photos

$499,900

22 Main Street N, Waterford, Ontario N0E 1Y0

7 beds
4 baths
4 days

South on Old Hwy 24, property on the right hand side at the corner of Main Street N and Concession 8 Townsend Welcome to this meticulously maintained 4-plex, perfectly situated in the heart of Waterford. This property is a rare find for savvy investors or multi-generational families seeking

Fourplex for sale: 22 MAIN STREET N, Norfolk

40 photos

$499,900

22 Main Street N, Norfolk (Waterford), Ontario N0E 1Y0

8 beds
4 baths
3 days

Corner of 22 Main Street North and Concession 8 Townsend Meticulously maintained 4-plex in Waterford- prime opportunity for investors or multi-generational living. Featuring four self-contained units w/separate hydro/water meters, private entrances, ample parking, and prime location near amenities

Multi-Family for sale: 4504 8A Avenue, Edson

20 photos

$565,000

4504 8a Avenue, Edson (Edson), Alberta T7E 1B3

0 beds
0 baths
289 days

INVESTORS Take a Look! $4450 per month in Gross Revenue, tenants pay power. Profitable 4-Plex located in a family friendly neighborhood walking distance to schools, public trails, parks and shopping. Each unit is finished with a galley style kitchen, dining area, spacious livingroom. 2 -2

Multi-Family for sale: 531 Kennedy St, Nanaimo

80 photos

$2,300,000

531 Kennedy St, Nanaimo, British Columbia V9R 2J6

0 beds
0 baths
161 days

Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self

Triplex for sale: 2336 MOUNTAINSIDE DRIVE, Burlington

29 photos

$1,374,900

2336 Mountainside Drive, Burlington (Mountainside), Ontario L7P 1C2

6 beds
4 baths
40 days

Mountainside and Fisher Very well maintained, purpose built tri-plex, three x 2 bedroom units! Close to highways, shopping, etc Huge 100 x 100 foot lots in the heart of Burlingtons Mountainside. (id:27476)

Row / Townhouse for sale: 50 - 12 COASTAL CRESCENT, Lambton Shores

40 photos

$718,000

50 - 12 Coastal Crescent, Lambton Shores (Grand Bend), Ontario N0M 1T0

3 beds
3 baths
44 days

Del Sol Way Welcome to the 'Michigan' Model at South of Main, Grand Bend's newest and most sought-after subdivision. This professionally designed home, built by the award-winning local builder Medway Homes Inc., offers the perfect blend of modern living and small-town charm. Ideally located

18-22 Gallant Street, Stephenville

1 photos

$1,149,000

18-22 Gallant Street, Stephenville, Newfoundland & Labrador A2N 1E6

0 beds
0 baths
49 days

Looking to build a new building for your new business or existing business in a high exposure area? Well this land would definitely be the spot for you! Located in the heart of downtown Stephenville this over 1.39 acre of prime land has high exposure and has frontage on the main drag where

Fourplex for sale: 14 & 16 - 14&16 ASHER STREET S, Welland

3 photos

$899,900

14 & 16 - 14&16 Asher Street S, Welland, Ontario L3B 4J1

7 beds
4 baths
58 days

Hellems and Asher BUILDING UNDER POWER OF SALE , Four Plex building With Loads Of Potential Awaits! this residential opportunity has received approval for minor variance from the City of Welland in support of a 31 unit mid-rise development consisting of 30 units with surface parking,The Site

Multi-Family for sale: 4510 8A Avenue, Edson

50 photos

$569,900

4510 8a Avenue, Edson (Edson), Alberta T7E 1B3

0 beds
0 baths
220 days

Profitable four plex located in a desirable family-friendly neighbourhood. Each unit features a galley style kitchen, dining area, spacious living room, 2 2-bedroom units, 2 3-bedroom units, 4-pc bathroom, storage room, private fenced yard/patio area, and designated parking for one vehicle.

House for sale: 137 WEST AVENUE N, Hamilton

36 photos

$1,249,000

137 West Avenue N, Hamilton (Landsdale), Ontario L8L 5C4

5 beds
5 baths
9 days

Cannon St E & West Ave N ****TOTALLY RENOVATED with all permits and legal 5 Plex. ALL UNITS ARE VACANT*** Welcome to this beautifully updated and thoughtfully designed 5-unit apartment building, offering a perfect blend of modern comfort and timeless charm. The building features a variety of

Row / Townhouse for sale: 1198 PLATO DRIVE, Fort Erie

22 photos

$624,999

1198 Plato Drive, Fort Erie, Ontario L2A 0C7

3 beds
3 baths
112 days

Garrison Rd & Pettit Rd Experience the refined elegance of 1198 Plato, a distinguished residence in the sought-after Green Acres community. This contemporary home, ideally situated just a short distance from scenic beauty, greets you with pristine hardwood floors and inviting living spaces.

House for sale: 14632 95 AV NW, Edmonton

39 photos

$679,900

14632 95 Av Nw, Edmonton, Alberta T5N 0B3

3 beds
2 baths
20 days

Located on a desirable south-facing corner lot in Crestwood, one of Edmonton’s most prestigious neighborhoods, this bungalow offers a fantastic opportunity. Renowned for its mature trees, proximity to the river valley, parks, excellent schools & convenient access to both downtown & the

2312 W 6TH AVENUE, Vancouver

40 photos

$3,399,900

2312 W 6th Avenue, Vancouver, British Columbia V6K 1V9

6 beds
4 baths
68 days

Welcome to 2312 W 6th, a prime 4 plex located in the heart of vibrant Kitsilano! This multi-family property offers two spacious 2 bedroom, 1 bathroom suites (one on the top floor one on the bottom floor) and two large 1 bedroom, 1 bathroom suites on the main floor. ONLY 1 OUT OF 4 UNITS CURRENTLY

Fourplex for sale: 13304 75 ST NW, Edmonton

4 photos

$2,299,900

13304 75 St Nw, Edmonton, Alberta T5C 0Z5

4 beds
4 baths
1 day

Introducing a remarkable 4-plex featuring 8 well-appointed units, offering a total of 14 bedrooms and 16 bathrooms. This property presents an exceptional investment opportunity with the potential to generate over $153,600 in annual income. Each end unit boasts a charming deck, perfect for

Fourplex for sale: 2312 2318 W 6TH AVENUE, Vancouver

40 photos

$3,399,900

2312 2318 W 6th Avenue, Vancouver, British Columbia V6K 1V9

6 beds
4 baths
85 days

Welcome to 2312 W 6th, a prime legal 4 plex located in the heart of vibrant Kitsilano! This multi-family property offers two spacious 2 bedroom 1 bathroom suites (one on the top floor and one on the bottom floor) and two large 1 bedroom, 1 bathroom suites on the main floor. ONLY 1 OUT OF 4

Triplex for sale: 1181-1199 CUDDIE CRESCENT, Prince George

17 photos

$505,000

1181-1199 Cuddie Crescent, Prince George, British Columbia V2L 4C4

6 beds
5 baths
110 days

Fully renovated non-conforming house & triplex on one city lot. New roof on the tri-plex, exterior upgraded with fiber-cement siding, smart trim and rear decks. All four suites have been updated and renovated with newer kitchens, bathes, tile and laminate floors. Very efficient natural gas

House for sale: 2345 SNYDER ROAD E, Kitchener

10 photos

$1,599,000

2345 Snyder Road E, Kitchener, Ontario N0B 2H0

8 beds
5 baths
88 days

Trussler/Snyder's Rd Fantastic 5 Plex, Each Unit Has Their Own Kitchen, Living Space, 4 Piece Bathroom. Fully Rented. It is 1.6 Acres Lot, You May Rebuild or Extend or Build a Additional House On The Lot. The Lot Has Future Potential. Easy Access To Hwy 7&8 And Amenities On The Boardwalk -

Row / Townhouse for sale: 3927 65 Street NW, Calgary

38 photos

$649,900

3927 65 Street Nw, Calgary (Bowness), Alberta T3B 2C7

3 beds
4 baths
9 days

Introducing a contemporary masterpiece nestled in the vibrant community of Bowness. This three-story townhouse, crafted by a boutique builder, promises urban living with unparalleled ease. Never before occupied, this unit is part of a brand new four-plex development. Spanning 2,100 square

Row / Townhouse for sale: 3925 65 Street NW, Calgary

38 photos

$649,900

3925 65 Street Nw, Calgary (Bowness), Alberta T3B 2G9

3 beds
4 baths
64 days

Introducing a contemporary masterpiece nestled in the vibrant community of Bowness. This three-story townhouse, crafted by a boutique builder, promises urban living with unparalleled ease. Never before occupied, this unit is part of a brand new four-plex development. Spanning 2,100 square

Row / Townhouse for sale: 3923 65 Street NW, Calgary

34 photos

$669,900

3923 65 Street Nw, Calgary (Bowness), Alberta T3B 2G9

3 beds
4 baths
64 days

Introducing a contemporary masterpiece nestled in the vibrant community of Bowness. This three-story end-unit townhouse, built by a boutique builder, offers urban living with unmatched convenience. Never before occupied, this unit is part of a brand new four-plex development. Spanning 2,100

House for sale: 944 CHARLAND AVENUE, Coquitlam

40 photos

$1,888,888

944 Charland Avenue, Coquitlam, British Columbia V3K 3K6

3 beds
1 baths
30 days

"AS IS - WHERE IS" DEVELOPMENT POTENTIAL, RT-1 LOT. Build a 4-Plex, Tri-Plex or Duplex. This original well cared for home located in Prime Central Coquitlam just a block from the shops on Austin. Developers/Builders check out this great 8,052 sq/ft downward sloping lot to lane. The home is

House for sale: 13194 98A AVENUE, Surrey

38 photos

$1,399,900

13194 98a Avenue, Surrey, British Columbia V3T 1C6

4 beds
2 baths
91 days

Welcome to centrally located Cedar Hills! Situated on 8,400+sqft rectangular corner lot, with a potential for future MULTI-FAMILY development including a 4-Plex (check w/city), this home offers 3 bedrooms and 1 bathroom upstairs plus a basement suite with a separate entrance is ideal for hosting

Duplex for sale: 2489 PARKVIEW STREET, Abbotsford

1 photos

$1,627,000

2489 Parkview Street, Abbotsford, British Columbia V2T 3K8

8 beds
4 baths
159 days

Full Legal Duplex presented by Power Real Estate Group on a 8,000 square foot lot! OCP indicates Urban 2- ground oriented. Great potential to build a 4-plex, row-homes, or townhouses- please check with the City of Abbotsford for zoning. This property is adjacent to a multi-use commercial building

810 ANN Street, North Bay

13 photos

$1,400,000

810 Ann Street, North Bay, Ontario P1B 5M1

17 beds
9 baths
67 days

Corner of Ann Street and Rose Ave. 810 Ann St., North Bay - Solid and meticulously maintained purpose built 9-PLEX with a strong rental history ensuring consistent income. This Multi-Family Investment Property is fully occupied & comprised of 8 spacious x2 bedroom units with dedicated storage

Multi-Family for sale: 320 LACLIE STREET, Orillia

7 photos

$1,849,900

320 Laclie Street, Orillia (Orillia), Ontario L3V 4P1

0 beds
0 baths
41 days

Laclie St. And North Street E. Investment Opportunity - Fully tenanted 9 Plex in north ward of Orillia! Newly constructed 9-plex in 2016, converted from a motel, presenting a 6% cap rate. All 9 units have up to current market rents. All units have been upgraded to meet current market demands,

10315 120 AV NW, Edmonton

55 photos

$900,000

10315 120 Av Nw, Edmonton, Alberta T5G 0S4

0 beds
0 baths
43 days

$155k of upgrades and reno’s in the last 7 years. 6 plex Corner Lot 45.7 x 15.2 SQM 100% occupancy for the last 8 years. Current market rates present potential to increase profit / cap rate by up to 25%.Current rent rates may be attractive for CMHC MLI Select financing. All tenants are

Fourplex for sale: 213 McIntyre STREET, Regina

24 photos

$574,900

213 Mcintyre Street, Regina, Saskatchewan S4R 2L7

8 beds
4 baths
45 days

Great opportunity to own a four plex in a highly desired rental area of Regina. You can stay in one and rent out the other three if so desired. This is a well maintained complex with numerous updates. Each unit is comprised of 2 beds and one bath. All units have washer dryer included, kitchen

Other for sale: 59 NORTH STREET, Goderich

40 photos

$1,399,900

59 North Street, Goderich, Ontario N1A 2T5

6 beds
6 baths
110 days

NELSON WELCOME TO THE BEACH! Calling ALL INVESTORS this property is located in the heart of Canadas Prettiest Town. This 6 plex is close to all Goderich amenities including the DOWNTOWN SQUARE and who doesnt want to live near the beach. The main floor unit could easily be used as office space

Fourplex for sale: 4529 50 AV, Cold Lake

48 photos

$399,900

4529 50 Av, Cold Lake, Alberta T9M 1Y8

3 beds
4 baths
47 days

This is a multifamily property with positive income potential for the right investor. The property consists of 4 units of 3 bedrooms each, with 1 bedroom on the main floor and with a full bath and 2 more bedrooms on the lower level. There is also a storage area in each unit of about 6' x 8',

Fourplex for sale: 4521 50 AV, Cold Lake

43 photos

$399,900

4521 50 Av, Cold Lake, Alberta T9M 1Y8

3 beds
4 baths
47 days

This is a multifamily property with positive income potential for the right investor. The property consists of 4 units of 3 bedrooms each, with 1 bedroom on the main floor and with a full bath and 2 more bedrooms on the lower level. There is also a storage area in each unit of about 6' x 8',

59 NORTH Street, Goderich

48 photos

$1,399,900

59 North Street, Goderich, Ontario N7A 2T5

7 beds
6 baths
110 days

From Downtown Square turn North on North St. WELCOME TO THE BEACH! Calling ALL INVESTORS this property is located in the heart of Canada’s Prettiest Town. This 6 plex is close to all Goderich amenities including the DOWNTOWN SQUARE and who doesn’t want to live near the beach. The

Other for sale: 46 TWENTY SECOND STREET W, Toronto

37 photos

$3,499,000

46 Twenty Second Street W, Toronto (New Toronto), Ontario M8V 3M1

14 beds
10 baths
181 days

Kipling Ave & Birmingham St Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The

Fourplex for sale: 412 VICTORIA STREET N, Tweed

10 photos

$849,000

412 Victoria Street N, Tweed, Ontario K0K 3J0

8 beds
4 baths
21 days

Victoria St N & Bridge St W Well maintained purpose-built 4 plex in the Village of Tweed. 3 units currently remodeled, 1 unit tenanted with a long-term Sr tenant, the landlord uses the other unit for his residence. This property offers the potential for an excellent cap rate north of 8%, or

440 Morin Avenue, Sudbury

4 photos

$499,900

440 Morin Avenue, Sudbury, Ontario P3C 5A7

0 beds
0 baths
48 days

9.8+ % Cap Rate! Come check out this cash flowing 4 plex centrally located in the hub of Sudbury. Property features a 3 bedroom unit (Vacant - 1800.00 market rent), a 2 bedroom unit ( vacant - 1450.00 market rent), and 2 bachelor units (one rented at 1090.00 and one vacant with a market rent

House for sale: 419 421 Redberry ROAD, Saskatoon

2 photos

$593,900

419 421 Redberry Road, Saskatoon, Saskatchewan S7K 4L2

8 beds
4 baths
19 days

ATTENTION INVESTORS: Approximately $5,990 / mtn including utilities. (Total utilities are approximately $1,000 per month) Total of 4 units. Side by side Duplex in a AAA north side location. This is a non-conforming 4 plex because of R2 zoning. No basement. W/long standing tenants. As well

The Rise of the 8-Plex: A Modern Housing Solution

In recent years, the real estate market has seen a significant shift towards multi-family housing solutions. Among these, the 8-plex has emerged as a popular choice for both investors and residents. This type of property offers a unique blend of community living and privacy, making it an attractive option in urban and suburban areas alike.

Understanding the 8-Plex

An 8-plex is a residential building that contains eight separate units. Each unit is typically self-contained, featuring its own kitchen, bathroom, and living space. This setup provides residents with the privacy of a single-family home while still enjoying the benefits of shared amenities and reduced costs associated with multi-family living.

Benefits of Investing in an 8-Plex

Investing in an 8-plex can be a lucrative opportunity for real estate investors. The rental income potential is significantly higher compared to single-family homes, as there are multiple units generating revenue. Additionally, the risk is spread across several tenants, reducing the impact of vacancies on overall income.

For those interested in exploring investment opportunities, properties like the 8-plex in Kincardine and the 8-plex in Toronto offer promising prospects. These locations are known for their strong rental markets and potential for appreciation.

Design and Layout Considerations

The design of an 8-plex can vary significantly depending on the location and target market. Some buildings may feature modern, open-concept layouts, while others might offer more traditional floor plans. Key considerations include the size of each unit, the number of bedrooms and bathrooms, and the availability of shared amenities such as laundry facilities or parking.

For example, the 8-plex in Les Moulins showcases a contemporary design with spacious units, appealing to young professionals and families alike. In contrast, the 8-plex in Montréal-Nord offers a more classic layout, catering to a diverse range of tenants.

Location and Market Trends

Location is a critical factor in the success of an 8-plex investment. Properties situated in areas with strong job markets, good schools, and convenient access to public transportation tend to attract more tenants and command higher rents. Cities like Ottawa and Peterborough are prime examples of markets where 8-plex properties are in high demand.

Market trends also play a significant role in determining the viability of an 8-plex investment. As urban populations continue to grow, the demand for affordable, multi-family housing solutions is expected to rise. This trend is evident in areas like Kitchener, where the real estate market is experiencing rapid growth.

Challenges and Considerations

While the benefits of owning an 8-plex are numerous, there are also challenges to consider. Property management can be more complex compared to single-family homes, as there are more tenants to manage and maintain. Additionally, financing an 8-plex can be more challenging, as lenders may require a larger down payment and more stringent qualification criteria.

Potential investors should also be aware of local zoning laws and regulations that may impact the development or renovation of an 8-plex. In some areas, obtaining the necessary permits and approvals can be a lengthy and complicated process.

Case Studies: Successful 8-Plex Developments

Several successful 8-plex developments across Canada highlight the potential of this housing model. The 12-plex in Montreal is a prime example of how expanding beyond the traditional 8-unit model can yield even greater returns. Similarly, the 4-plex in Alberta demonstrates the flexibility of multi-unit properties, allowing for expansion as market conditions permit.

Another noteworthy development is the 6-plex in Vendre, which showcases innovative design and efficient use of space. These case studies illustrate the diverse possibilities and potential profitability of investing in multi-family properties.

The Future of 8-Plex Housing

As urbanization continues to shape the real estate landscape, the demand for efficient and affordable housing solutions like the 8-plex is expected to grow. This trend is likely to drive innovation in design and construction, resulting in more sustainable and energy-efficient buildings.

Investors and developers who recognize the potential of the 8-plex model and adapt to changing market conditions will be well-positioned to capitalize on this growing trend. By focusing on strategic locations, thoughtful design, and effective property management, they can create valuable assets that meet the needs of modern renters.