If You Own a Single-Family Lot in BC – Unlock More Wealth, Potential, and Help the Housing Crisis
If you own a home in British Columbia, you may be sitting on an untapped opportunity to increase your property’s value while contributing to solutions for the housing crisis. Whether you’re considering adding a single Accessory Dwelling Unit (ADU) for a family member to foster multi-generational living or developing a duplex, triplex, or multiplex for rental income, these options not only keep loved ones close but also significantly enhance your property’s value.
At Four Pillars Community Housing (FPCH), we specialize in guiding homeowners and all stakeholders, including investors, through this transformative journey by leveraging our unique playbook that combines expertise, low-cost financing, and realtors as trusted housing ambassadors.
The FPCH Advantage
- Maximizing Value Through Property Transformation
- A single ADU, duplex, triplex, 4-plex, or 6-plex can significantly increase your property’s value. Adding even a single ADU for family use enhances multi-generational living while boosting equity and property value.
- Homeowners who already own their land are uniquely positioned to benefit, avoiding the high land costs that traditional developers face.
- Expert Guidance and Comprehensive Resources
- FPCH provides a one-stop shop to simplify the development process. We assist with permitting, site preparation, and construction planning, making the journey seamless and stress-free.
- Our team connects you with prefab and ADU suppliers, financial planners, tax specialists, construction professionals, architects, realtors, and property managers to create a customized solution tailored to your goals.
- We offer low-cost financing solutions for homeowners and stakeholders who commit to renting at affordable rates for at least five years, whether for a single ADU or a multiplex.
- Realtors as Trusted Advisors
- FPCH utilizes realtors as trusted advisors, skilled negotiators, and housing experts. Realtors bring community engagement, market insights, and innovative solutions, helping homeowners assess feasibility, market demand, and potential returns while identifying the best options for their unique goals.
Why an ADU or a Multiplex Development Might Be Right for You
FPCH recognizes that homeowners have diverse goals. For some, a single ADU is the ideal solution—whether to house family members, age in place, or create a modest rental income. For others, duplexes, triplexes, or multiplex developments may offer greater opportunities, such as:
- Increased Cash Flow: Multiplexes generate higher rental income due to their scale.
- Broader Housing Impact: Multiplexes contribute more significantly to community housing needs by creating multiple units in a single project.
- Future Flexibility: A multiplex offers the potential to house multiple families or transition some units to ownership, depending on financial goals.
Every homeowner’s situation is unique, and FPCH works with you to explore the best option—whether it’s a single ADU or a larger multiplex development.
Key Considerations
- Feasibility Studies: Understanding your property’s potential is the first step. Every city’s regulations differ, and FPCH provides detailed feasibility assessments to guide the process.
- Tax and Financial Planning: Our team works with Certified Financial Planners (CFPs), tax accountants, and CPAs to ensure your tax strategies and financial plans align with your goals.
- Low-Cost Financing: FPCH offers tailored financing options for projects where units will be rented at affordable rates for a minimum of five years.
Build Wealth While Solving the Housing Crisis
With FPCH, homeowners and other stakeholders are uniquely positioned to take advantage of this opportunity while making a meaningful contribution to their communities. Together, we can create vibrant, sustainable neighborhoods, one property at a time.
Interested in exploring your property’s potential? Contact us today to learn how FPCH can help you transform your home into a wealth-building powerhouse while addressing Canada’s housing affordability crisis.