Quote:
Originally Posted by Hondaracer
Vancouver’s dream of these 4 and 6 plexes is basically dead in the water but they aren’t going out of their way to let anyone know.
I’ve got a bit of an inside view on things now in terms of infrastructure and CoV made this proposal without consulting anyone. Now they are just kind of sheepishly backing off it.
That compiled with construction costs and permitting time, maybe they can try it again in 15 years
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The numbers don't make particularly good sense right off the bat. Building a 4 plex in Vancouver, and we are talking about a livable 4 plex, the entry price isn't going to be much cheaper than a duplex or you are trading off significant space where you are just better off in a condo. There's just no meat on it as all the bits coming and going to the property will need to be updated. Along with the parking requirements which means a 4 plex that's not 45 wide is going to require them to dig underground for parking.