Browse Homes for Sale on Vancouver Island

Multi family covers a duplex you live in half of, a fourplex you never see, and everything between. What you are buying is an income stream and a building at the same time, and the two do not always agree.

Vancouver Island Real Estate Resources

The first question on any of these is whether every unit is legal and properly permitted. Unpermitted conversions are common enough here that the rent roll can be worth considerably less than it reads.

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Rental demand is not spread evenly. The university and hospital centres carry it year round, the resort communities run seasonally, and the smaller communities can be thin. That decides the return.