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Royal LePage commercial

Multi-Family Real Estate Brokerage

Invest in multi-family properties for exceptional returns with Canada’s top brokers

What are the advantages of buying a multi-family property?

Investing in a multi-family building in Quebec offers many advantages, making it an excellent option for real estate buyers looking to maximize their income, guided by our brokers who will know exactly which building to recommend and at what price to negotiate.

Here are the main reasons why our real estate brokers encourage you to invest in rental-purpose plexes.

Income diversification through multi-family properties

A multi-family building offers income diversification through the rental of multiple residential units.

This reduces financial risk and increases income stability, since you are not dependent on a single tenant.

Tax advantages

Investing in a multi-family building offers attractive tax benefits, such as deductions for mortgage interest and operating expenses, which reduce your taxable income.

Additionally, you can benefit from further deductions such as depreciation, which allows you to reduce your tax burden even more.

Value appreciation potential

By choosing the right area of Quebec, the right residential neighbourhood, and being guided by the right real estate broker, the value of a multi-family building can increase significantly over time, allowing you to achieve long-term capital appreciation.

By investing in an attractive multi-family building, you can confidently benefit from this appreciation, which will considerably grow your net worth over the long term.

Strong rental markets in Canada

Canada offers many investment opportunities in multi-family buildings, with strong rental markets in several key cities.

The key difference is that by working with an experienced real estate broker, you make a decisive choice to help you find and negotiate the purchase of a multi-family building offering the high rental yield you’re looking for.

The best real estate brokers for multi-family building purchases

Royal LePage Commercial is the fastest-growing real estate brand in Canada!

635 real estate brokers hold the commercial licence under the Royal LePage banner.

Our properties

❝Investing in a multi-family building gives you the opportunity to diversify your income, benefit from attractive tax advantages, and take advantage of long-term value appreciation.❞

Quebec's best real estate brokers for buying a rental plex

To find and purchase a plex offering a high rental yield in Quebec, you will need the expertise and assistance of our top real estate brokers.

These professionals are highly experienced and have in-depth knowledge of the local real estate market, which will allow you to make informed decisions.

They also have a remarkable sense of negotiation, enabling you to purchase your multi-family building at the fairest and most advantageous price.

All our real estate brokers are highly respected in the industry and have helped thousands of real estate investors like you find and purchase plexes offering high rental yields.

Whether it’s your first multi-family purchase or you’re looking to grow your real estate portfolio, call on them to benefit from their expertise and in-depth knowledge of the Quebec real estate market.

First multi-family purchase:
100% success!
Zero worry
Guidance, advice, efficiency

5/5 reviews for our multi-family brokers

★★★★★ Google 5 stars - 282 reviews

Catherine Vallée-Dumas

Avis Google
★★★★★

Merci à toute l'équipe!

Joel F

Avis Google
★★★★★

Dès notre première rencontre avec Maxime, le stress de la vente de notre propriété a disparu. Réaliste, direct et optimiste, il nous a donné confiance en notre projet. Son équipe a été à la hauteur...

Evelyne Moreau

Avis Google
★★★★★

Très belle expérience qui m'a permis d'acquérir ma première propriété. Merci tout spécial à Hervé pour ses conseils judicieux et sa grande disponibilité.

Sara

Avis Google
★★★★★

Maxime et son équipe ont fait preuve d'un grand professionnalisme et ce fut un réel plaisir de collaborer avec eux pour le vente de mon condo. Maxime, Lyna et Isabelle étaient très réactifs et...

Claude Roussel

Avis Google
★★★★★

Je tiens à exprimer toute ma gratitude pour le professionnalisme et les conseils judicieux dont Maxime et son équipe ont fait preuve tout au long de ma recherche d'un plex à Montréal. En étant à...

Félix

Avis Google
★★★★★

Pour l'achat de notre premier immeuble, Maxime a été vraiment incroyable et professionnel. On avait besoin de quelqu'un d'expérience pour nous aider et nous conseiller et tout s'est bien déroulé...

Marwa El Moustir

Avis Google
★★★★★

Une collaboration impeccable ! Toujours proactif, efficace et agréable à côtoyer.

Isabelle Boisvert

Avis Google
★★★★

Une équipe de proximité pour nous soutenir dans toutes les étapes requises de la vente d’une propriété. Nous vous souhaitons un franc succès dans vos activités professionnelles. Merci.

Luc Gaumond

Avis Google
★★★★★

OUFFFF !!!! ET WOW !! Merci d'avoir été à nos côté pour tout les aspects de l'acquisition de notre petite maison ! Avec le marché d'aujourd'hui et toute ses subtilités, une équipe comme la vôtre...

Mohsen Romdhani

Avis Google
★★★★★

Maxime, Hervé et Isabelle étaient très efficaces . C’est un services professionnel et clé en main. Bravo Je n’hésiterais pas à recourir à leurs services, que je recommande à tous.

❝Multi-family properties, particularly in high-demand markets, have always tended to appreciate in value over time.❞

Buying a duplex for rental profitability

If you’re looking to invest in rental real estate in Canada, buying a duplex is certainly the option that lets you test your first rental investment.

What is a duplex?
A duplex is a building with two separate residential units, meaning you can generate rental income from two different tenants.

This can increase your profitability and reduce financial risk.

Making your first duplex purchase a success

Our brokers are 100% with you
Guidance, advice, efficiency

What are the advantages of buying a duplex?

  • Steady rental income

    With two tenants, you have a more stable source of income. If one tenant moves out, you continue to receive rent from the other unit.

  • Option to live in one unit

    If you wish, you can choose to occupy one of the units while renting out the other. This can significantly reduce your housing costs.

  • Property value appreciation

    Over time, real estate gains in value. By owning a duplex, you can benefit from value appreciation while collecting rental income.

  • Flexibility

    You have the option to convert the duplex into individual condominiums in the future, which can further increase the value of your investment.

Specific considerations when buying a duplex

However, there are certain specific considerations to keep in mind when purchasing a duplex.

  • Secure solid financing

    Purchasing a duplex requires a significant financial investment. You will likely need good credit and a substantial down payment to obtain a mortgage.

  • Study the rental market: work with a good real estate broker

    Before buying a duplex, make sure you have a thorough understanding of the rental market in the area where you want to invest. Analyze current rents and demand for rental housing in that zone.

  • Hire a professional inspector

    Before buying a duplex, have the property inspected by a professional to identify any structural or maintenance issues. This will help you avoid costly problems down the road.

First-time multi-family buyer? Planning to live in your multi-family property?

Particularly for your buyer profile, our brokers recommend purchasing a duplex as your entry into rental real estate investment in Canada. We help you identify the right area and fully understand the advantages and specific considerations of buying a duplex.

Buying a triplex for strong rental value

Purchasing a triplex further increases the value of your rental investment. Our team of real estate brokers knows how to present all the opportunities to maximize your income.

Here’s what you need to consider when buying a triplex.

  1. High rental yield

    A triplex offers the potential to generate higher rental income than a duplex, given the greater number of units.

    By renting out all three units, you can increase your monthly cash flow, contributing to stronger overall profitability.

  2. Risk diversification with a triplex

    By investing in a triplex, you spread the risks associated with vacancy.

    If one tenant leaves, you still have the other two rental incomes to cover your expenses.

    This helps mitigate the negative effects of vacancy and maintain stable profitability.

  3. Real estate value appreciation potential

    Quebec’s real estate market offers long-term value appreciation opportunities that only experienced brokers with thorough knowledge of their areas can share with you.

    By investing in a triplex, you can benefit from the increase in property value over time, which can significantly grow your net worth.

  4. Rental strategies when buying a triplex

    When you own a triplex, you have several rental strategy options.

    You can choose to rent all three units to residential tenants, or explore other possibilities such as short-term or seasonal rentals.

    This gives you the flexibility to choose the best strategy for maximizing your income.

    Investing in a well-located triplex, with good advice at the time of purchase, can be a financially sound decision with strong rental yield potential.

    Of course, we recommend thoroughly analyzing the local real estate market, conducting appropriate due diligence, and working alongside a real estate broker with solid experience to ensure you make the best investment decisions in Canada.

    Buying a triplex offers a valued balance: between stable rental income and value appreciation potential, this investment is an attractive option that we know extremely well.

❝Investing in a multi-family building is a smart investment strategy to increase your income and build solid wealth. Income diversification, tax advantages, and value appreciation potential make multi-family properties the optimal choice for real estate investors.❞

Buying a quadruplex for rental investment

Purchasing a quadruplex to boost your rental investment is a financially advantageous decision.

If you already have experience in real estate investment, buying a quadruplex offers unique opportunities in Quebec to maximize your rental income and achieve a higher yield than a duplex or triplex.

Our brokers are 100% with you
Precision, advice, success

The advantages of buying a quadruplex in Quebec

  • 4 income sources: high rental yield

    By owning a quadruplex, you can rent each unit to different tenants, giving you four rental income streams, compared to a duplex or triplex.

  • Simplified property management

    With a quadruplex, you only have one property to manage, which simplifies tenant management, maintenance, and repairs, saving you time and effort.

Factors to consider when buying a quadruplex

  • Location

    Location is even more important here! Choose a quadruplex in a strategic location where rental demand is high. Our brokers know their areas and rental demand inside and out, and will guide you toward the right quadruplex opportunity. Tip: focus almost exclusively on well-served neighbourhoods that are attractive to potential tenants.

  • Property condition

    Who would want to take on too much work right from the start? Unless it’s a renovation opportunity that’s too good to pass up.

    Have the property thoroughly inspected to assess its overall condition and estimate any potential repair or renovation costs.

  • Profitability calculation

    Analyze the potential income and expenses associated with purchasing the quadruplex. Calculate the net rental yield to ensure the investment will be profitable.

    Here again, our brokers know their business perfectly and will advise you with great precision.

  • Quadruplex financing

    Explore your financing options for purchasing a quadruplex. Consult different financial institutions and compare interest rates and loan terms. Ready to invest in a quadruplex for an optimally performing multi-family building? Our reputation as “Quebec’s best real estate brokers” will allow you, like many other buyers, to purchase a quadruplex under the best conditions — a high-yield rental investment you will never regret.

Buying a quintuplex or larger plex for 5-star rental income

If you want to maximize your rental income even further and make a strategic real estate investment, buying a quintuplex or larger plex can be an excellent choice in a market that is currently favourable, as rental demand is strong.

These types of multi-family buildings offer even more advantages and allow you to further diversify your income sources while increasing your rental yield potential.

Quintuplex and large plex purchase — rental yield at its peak

Our brokers are dedicated
Guidance, advice, efficiency

Advantages of buying a quintuplex or larger plex

  • Rental income diversification

    By acquiring a quintuplex or an even larger plex, you can benefit from multiple rental units, significantly reducing the risk of depending on a single tenant for your income.

    Even if one tenant leaves, all the other units continue to generate income.

    Your income potential multiplies compared to a triplex or even a quadruplex: with a quintuplex or sixplex (or larger), you can accommodate even more tenants.

  • Potential for value increase

    The effect is twofold: a quintuplex, sixplex, or larger plex offers greater real estate value appreciation potential.

    And especially if you improve and properly maintain the property, its value can increase over time, allowing you to realize a significant profit upon resale.

  • Strategies for quintuplexes and larger plexes

    Here is what we can recommend, based on our experience.

    Regarding professional management of large plexes: managing tenants and the property can become more complex. It may be worth considering hiring a professional property management company to help you efficiently manage the building and maximize your rental income.

    This way, you delegate (almost) entirely.

    Regarding the financial aspect, before buying a quintuplex or larger plex, it is important to carefully assess your financial situation and ensure that you have the necessary funds, particularly for property management, which is generally somewhat more complex than smaller multi-unit buildings.

    A great large plex purchase opportunity will be very difficult to execute without the in-depth knowledge and experience of our team of real estate brokers, specialists in multi-family buildings.

    Our preliminary advice? Target areas where rental demand is high, but also sectors where economic growth prospects are positive.

  • Property condition

    Who would want to take on too much work right from the start? Unless it’s a renovation opportunity that’s too good to pass up.

    Have the property thoroughly inspected to assess its overall condition and estimate any potential repair or renovation costs.

  • Profitability calculation

    Analyze the potential income and expenses associated with the purchase.

    Calculate the net rental yield to ensure the investment will be profitable.

    Here again, our brokers know their business perfectly and will advise you with great precision.

  • Financing

    Explore your financing options for the purchase. Consult different financial institutions and compare interest rates and loan terms.

    Ready to invest for an optimally performing multi-family building?

    Our reputation as “Quebec’s best real estate brokers” will allow you, like many other buyers, to purchase under the best conditions — a high-yield rental investment you will never regret.

FAQ — Buying a multi-family building

The best places to invest in a multi-family building in Canada

When considering investing in a multi-family building in Canada, choosing the right location is essential to maximizing your return on investment. The best areas to invest in a multi-family building take into account rental demand, economic growth, and real estate value appreciation opportunities. Our brokers know their areas inside and out.

Is buying a multi-family building in Montreal a good idea?

Montreal is a culturally rich and dynamic city that attracts a large number of young professionals and students. Investing in a multi-family building in Montreal is certainly a sound strategic decision, as the demand for rental housing is high. Furthermore, real estate prices in Montreal are relatively affordable compared to other major Canadian cities, which guarantees a good rental yield.

Why invest in a multi-family building in Quebec?

Investing in a multi-family building in Quebec offers many advantages, including the ability to maximize your income through a high rental yield, diversification of your income sources, tax benefits, and the potential to increase the value of your investment over time.

Who are the best real estate brokers in Quebec for buying a plex?

The Royal LePage Commercial team is very proud to be the #1 real estate broker team in the Commercial segment, with continuous strong growth. This is the result of our hard work, skills, experience, and the talents of our professionals who have in-depth knowledge of the local real estate market. We can help you find and purchase a plex that matches your needs and investment goals. Starting now!

What are the advantages of buying a duplex for rental profitability?

Buying a duplex for rental profitability offers many advantages, such as the ability to generate income from two different rental units, the flexibility to rent one unit while living in the other (an excellent solution), and the potential to increase the building’s value through improvements.

What factors should be considered when buying a triplex for good rental profitability?

When buying a triplex, it is important to consider factors such as location, the rental potential of the different units, maintenance and management costs, as well as average rents in the area. These are the elements that allow you to forecast good rental profitability.

What are the advantages of investing in a quadruplex for rental investment?

Investing in a quadruplex offers the ability to generate rental income from four different units, allowing for greater overall rental revenue. Additionally, purchasing a quadruplex generally offers better value per unit compared to buying individual units.

Is it really worth investing in a quintuplex or large plex?

Buying a quintuplex or larger plex (sixplex, etc.) offers the ability to generate rental income from a greater number of units, allowing rental revenue to grow. It can also offer additional income opportunities, such as renting commercial spaces or converting the building into a condominium.

What are the key steps to buying a multi-family building in Canada?

The key steps to buying a multi-family building in Canada include: 1/ property search, 2/ offer negotiation, 3/ financing, 4/ conducting appropriate due diligence, and 5/ closing the purchase. It is important to work with true real estate professionals to ensure that all steps are followed correctly.

What are the aspects of managing a multi-family building?

Managing a multi-family building involves tasks such as finding tenants, collecting rent, maintaining the property, and handling rental issues. You can choose to manage the building yourself or hire a professional property management company to handle these tasks professionally.

What is the long-term rental profitability of investing in a multi-family building in Canada?

The long-term rental profitability of investing in a multi-family building in Canada depends on many factors, such as the building’s location, market rents, occupancy rates, and operating costs. However, historically, investing in a multi-family building can offer an attractive rental yield over the long term. Contact us! We will be happy to answer your questions.

We're going through an economic crisis — is it still a good time to invest in multi-family?

Every crisis also brings its strengths. Real estate is a solid, proven sector, and rental demand is very strong in Quebec. It is a good way to invest in order to diversify your assets and income sources. Contact us and we will share our honest point of view, as always.