Building a Multi-Family in Kelowna: Frequently Asked Questions

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Building a Multi-Family in Kelowna: Frequently Asked Questions

With the BC government focusing on more affordable and sustainable homes coming into growing centers such as Kelowna, it’s no doubt that more and more people want to better understand Kelowna zoning bylaws and are looking into building multi-family units. Here are some of the most commonly asked questions we get about building a duplex, triplex, fourplex, or more in Kelowna and surrounding areas.

 

What does RU7 zoning allow you to build in Kelowna?

 

The RU7 zone allows between 2-4 units, depending on the width of your lot. Many people choose to redevelop their lot entirely and maximize their investment by building a 4-plex.

 

What changes are the BC government making to allow for more multi-unit homes?

 

In the fall of 2023, the BC government is introducing legislation that will apply to many areas of the province and will allow up to 4 units on a traditional single-family detached lot, with additional density permitted in areas well-served by transit.

 

What are the zoning and regulatory requirements for a multi-family building?

 

Zoning and regulations significantly impact the feasibility and design of a multi-family project by dictating the allowable land use, building height, setbacks, density, and parking requirements. Different areas and municipalities have varying zoning codes and regulations, so understanding and complying with these rules is crucial for successful multi-family development. Failure to adhere to zoning requirements can result in delays, added costs, or even project cancellation.

 

What is the typical cost per unit for constructing a multi-unit building?

 

The cost per unit can vary significantly based on factors like location, size, design, amenities, and the type of building you want to construct. Multi-family construction costs range from $150,000 to $500,000 per unit.

 

What other costs are there in relation to building a multi-family home?

 

Expenses outside of the actual build that needs to be considered are permit application fees, consulting costs, architectural and engineering fees, utility and infrastructure connections, interest and financing costs, and costs related to landscaping and exterior features. Working with experienced professionals and creating a comprehensive budget that accounts for all costs is crucial to ensure the project is financially viable and successful.

 

What amenities should I consider for my multi-family building?

 

Amenities can attract tenants and enhance the property's value. Popular amenities include outdoor common areas, fitness centers, swimming pools, communal spaces, laundry facilities, pet-friendly features, and sports and recreation areas. Your lot size and zoning bylaws will determine what you can and cannot add to the space.

 

What types of multi-unit buildings are common?

 

Common types of multifamily buildings include apartment complexes, condominiums, townhouses, duplexes, triplexes, and quadplexes.

 

How can I finance a multi-family building project?

 

Financing options include traditional bank loans, construction loans, private investors, and partnerships. At FLR Developments Kelowna, we work with our clients to connect them with reputable lenders that can fund their construction.

 

If you are considering building a multi-unit home, contact the team at FLR Developments for a consultation. With our experienced and knowledgeable team, we're here to craft a home that exceeds your expectations. Call 778-721-5791 or fill out our contact form for more information.

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Life in the Okanagan means idyllic lakes, lush orchards, stunning views, endless skies, and the opportunity to live your best life. If you are ready to build the home of your dreams amid the abundant beauty that can be found here, connect with FLR Custom Homes today. Share your vision for your perfect home and together let’s make it happen.

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