Don’t Just Sell Your Land. Multiply It.
Turn one older house into a fourplex or more — sell, partner, or build with us.
Red Cedar Properties is a multiplex developer and builder in Coquitlam and Burnaby, working with landowners on lots from 4,000 sq ft across Greater Vancouver. We take projects from design and permits through construction and sales, and we can bring equity and construction financing when a project needs it.
Sell, partner, or have us build for you
Every landowner's situation is different. We'll show you the numbers for each option, so you can choose the one that fits.
Sell your land
We buy development lots directly. You get a clear offer, a straightforward process and flexible closing dates.
Joint venture
You contribute the land and we run the whole project. If the project needs more capital, we can bring equity and arrange the construction loan. We agree the split in writing before anything starts.
Build for you
We handle design, permits, construction and, if you want, sales or leasing on your lot. Construction is managed through Vanguard Civil & Construction, our construction management arm, with open budgets and regular cost reports.
Everything a project needs, from first sketch to final sale
Design and permits
Feasibility, architecture and engineering, development and building permits, and City approvals.
Construction
Trade tendering, procurement, and cost, schedule and quality control through Vanguard.
Sales and leasing
Pricing, marketing and pre-sales for strata homes, or lease-up for rental buildings.
Capital
Equity from Red Cedar when a project is short of funds, and the track record to arrange construction loans.
Sites we're interested in
- Lot size: 4,000 sq ft or larger for duplex or multiplexes; larger or combined sites for townhouses and six-storey buildings
- Location: Vancouver, Burnaby, Coquitlam, especially within about 800 m of a SkyTrain station (Transit-Oriented Areas) or 400 m of a frequent-transit bus stop
- Neighbours together: two or more owners next door to each other who want to combine their lots
- One lot, several homes.
- More value from the same land.
- Simpler than a large project.
- Homes families can afford.
From first call to new homes
Send the address and lot size. A short call is enough to start.
We check zoning, land use, Transit-Oriented Area tier, servicing and how many homes the site can hold.
We show you what selling, a joint venture or building would mean for you.
We put the terms in writing, with your lawyer and advisors involved.
We handle design, city permits, construction and sales, and keep you updated throughout.
Recent multiplex projects
| Project | Lot | Zoning | Homes | Home size | Parking | Status |
|---|---|---|---|---|---|---|
| 692 Florence St Burquitlam, Coquitlam | approx. 8,200 sq ft | RT-1 | 3-home multiplex (triplex) | about 1,890–2,060 sq ft; 4 bed, 3 bath | 2 stalls per home, EV-ready | Completed, sold out |
| 1161 Madore Ave West Coquitlam | 9,849 sq ft | RT-1 | 4-home multiplex | about 1,835–1,856 sq ft; 3 bed, 2.5 bath | 8 underground stalls, plus 140 sf storage per unit | Under construction, Summer 2027 |
| 850 Duthie Ave Burnaby | 11,527 sq ft | R1 (small-scale multi-unit housing) | 6 homes in 3 duplex buildings over an underground parkade | about 2,540–2,790 sq ft, 3 storeys | 12 underground stalls with EV chargers | Under Construction, Spring 2028 |
Two of these projects build homes over an underground parkade. Parking goes below ground, which leaves more of the lot for homes, yards and light. Our construction management team plans the shoring, excavation and waterproofing with specialist trades. Read what we've learned building over a parkade.
FAQ
What is the smallest lot you will consider?
4,000 sq ft for a duplex or multiplex in Vancouver, Burnaby or Coquitlam. Townhouses and six-storey buildings need larger or combined sites. Smaller lots can still work if neighbours combine their properties, so it's worth a call.
Why build a multiplex instead of selling my lot as it is?
BC's new rules allow three to six homes on many lots that used to allow one house. An older house is often worth little more than its land, while several new homes on the same land can be worth much more. A multiplex usually needs no rezoning, so it is simpler and faster than a large project. You can still sell to us, or partner with us and share in that added value.
My lot is in the Burquitlam Transit-Oriented Area. What can be built on it?
It depends on the distance from the station, the lot's size and shape, the City of Coquitlam's land-use designation and what your neighbours do. Many single lots can be redeveloped under their current zoning as a multiplex, while apartment-scale density usually needs several lots combined. Our feasibility review sets out the realistic options for your address.
Do I have to sell, or can I keep a stake?
Either. You can sell outright, join a joint venture and share in the profit, or keep the property and have us build for you.
Can you help fund the project?
Yes. If a project is short of funds, Red Cedar can invest equity, and we can arrange the construction loan. We set out how the funding works before any agreement is signed.
What types of projects do you partner on?
Duplexes, triplexes, fourplexes, sixplexes and purpose-built rental, and, on larger or combined sites, townhouses and six-storey apartment buildings.
Should I combine my lot with my neighbours'?
No for Multiplex; Yes for townhouse or low rise. A larger combined site can qualify for more density and is usually worth more per square foot. We can talk with you and your neighbours together.
Who manages construction?
Our in-house team manages it through Vanguard Civil & Construction, Red Cedar's construction management arm. Vanguard tenders the trades and controls cost, schedule and quality.
How do I start?
Email inquiry@redcedarproperties.ca or call 604-396-3682 with your address and lot size. Everything you share is kept confidential.
Tell us about your lot
Send the address and lot size, and we'll come back with what's possible.