06/16/2026
π‘ **Could a Duplex, Triplex, or Fourplex Help You Become a Homeowner?**
With affordability continuing to be a challenge for many buyers, especially first-time purchasers, more Canadians are exploring creative ways to enter the housing market.
One strategy gaining popularity is purchasing a duplex, triplex, or fourplex and living in one unit while generating rental income from the others. π‘
Rental income can help offset monthly mortgage costs, improve affordability, and provide an opportunity to start building long-term wealth through real estate.
β¨ Benefits of owning a plex:
β’ Additional income potential
β’ Lower monthly carrying costs
β’ Opportunity to build equity faster
β’ Flexibility for multi-generational living or future investment
For many buyers, it can be a practical path toward homeownership while creating future financial opportunities.
π² Thinking about buying a plex as your first property? Check out the latest article on the Royal LePage blog to learn about the benefits, considerations, and key things to know before getting started.
π Tap the link to read more.
https://blog.royallepage.ca/buying-a-plex-as-a-first-home-what-buyers-need-to-know/
Rupa Aulak
Royal LePage West
778-863-6600