Income properties
The multiplex: 5 units and more.
From 5 units, everything changes: the financing becomes commercial and, in most cases, the value of the building is based on its income. Vanessa holds the commercial licence.
The multiplex
What changes at 5 units.
A commercial building
Commercial starts at 5 units: brokering the building then falls under the commercial licence.
Commercial financing
The loan is no longer a residential mortgage: from 5 units, it is commercial financing.
A value based on income
In most cases, the market value is based on the building's income, not only on a comparison with similar sales.
1 to 4 units or 5 and more
Two different worlds.
- Financing
- Residential financing
- Market value
- In most cases, based on the value of the building, compared with similar sales
- Brokerage
- Residential licence
- Financing
- Commercial financing
- Market value
- In most cases, based on the building's income
- Brokerage
- Commercial licence: Vanessa holds both
The documents
What we look at closely.
- 1The current leases and the amount of each rent
- 2The building's income and expenses: taxes, insurance, maintenance, energy
- 3The condition of the building, with a full inspection
- 4The certificate of location and the zoning
Sixplexes, twelve-plexes and more.
Vanessa has already bought sixplexes and twelve-plexes for her clients. Whether you are selling or buying, she guides you with her commercial licence.
Sources
Information checked on October 18, 2026 with the sources below.
- OACIQ, Buyer's guide: visit sheets (rents, leases)
- OACIQ, the broker's role (income, zoning)
- Centris, residential and commercial licences
General information: it does not replace legal, tax or financial advice.