top of page

How Multi-Plex Buildings in Canada Can Help with Relocation Needs: Short-Term Housing for People Relocating for Work

In today's dynamic and globalized work environment, employee relocations have become increasingly common. Companies often need to relocate employees for various reasons, such as temporary assignments, long-term projects, or permanent transfers. This creates a substantial demand for short-term housing solutions. Multi-plex buildings, which include duplexes, triplexes, and larger apartment complexes, offer an ideal solution for meeting these relocation needs. This blog will explore how multi-plex buildings in Canada can address the demand for short-term housing for people relocating for work, the benefits for property owners and tenants, and the challenges and considerations involved.

Understanding the Demand for Short-Term Housing

Key Drivers of Demand

  1. Temporary Assignments: Employees on short-term projects or assignments require temporary housing solutions.

  2. Long-Term Projects: Large-scale projects in industries such as construction, engineering, and IT necessitate relocating teams of employees.

  3. Permanent Transfers: Employees relocating to new cities or regions for permanent roles need interim housing while they settle.

  4. Training and Development: Employees attending training programs, workshops, or seminars away from their home locations need temporary accommodations.

  5. Interim Housing: Relocating families often need interim housing while they search for permanent homes in new cities.

Key Statistics

  • According to the Canadian Employee Relocation Council, approximately 40,000 employees are relocated annually within Canada.

  • A survey by the Worldwide Employee Relocation Council found that 87% of companies expect relocation activity to increase or remain stable.

  • The Conference Board of Canada reported that corporate spending on employee relocations reached $2.5 billion in 2020, highlighting the substantial demand for short-term housing.

How Multi-Plex Buildings Cater to Relocation Needs

Multi-plex buildings are particularly well-suited to address the specific needs of individuals and families relocating for work. Here are several ways in which these buildings can provide the desired short-term housing options:

1. Proximity to Employment Centers

Multi-plex buildings located near business districts, industrial zones, and major employment centers offer employees the convenience of living close to their workplaces. This proximity reduces commuting time and costs, making it an attractive option for relocating employees.

Example: A triplex in downtown Toronto, close to the Financial District and major corporate offices, provides easy access for employees on temporary assignments.

2. High-Quality Amenities

Relocating employees expect high-quality amenities that provide comfort and convenience during their stay. Multi-plex buildings can offer a range of amenities such as fully furnished units, high-speed internet, laundry facilities, fitness centers, and on-site parking.

Example: An apartment complex in Vancouver includes a fitness center, business lounge, and high-speed internet, meeting the needs of employees on long-term projects.

3. Flexible Lease Terms

Relocation housing often requires flexible lease terms to accommodate varying durations of assignments and projects. Multi-plex buildings can provide short-term, month-to-month, or long-term leases, offering flexibility to relocating employees and their employers.

Example: A duplex in Montreal offers flexible lease terms, including short-term rentals, catering to employees on temporary assignments and those relocating permanently.

4. Comfortable and Functional Living Spaces

Relocating employees prefer comfortable and functional living spaces that include essential amenities such as fully equipped kitchens, comfortable furnishings, and workspaces. Multi-plex buildings can provide well-designed units that cater to these preferences.

Example: A triplex in Calgary offers fully furnished units with modern kitchens, comfortable living areas, and dedicated workspaces, appealing to relocating employees and their families.

5. Privacy and Security

Privacy and security are paramount for relocating employees and their families. Multi-plex buildings can offer enhanced security features such as controlled access, security cameras, and on-site management, ensuring a safe and secure living environment.

Example: An apartment complex in Ottawa features secure entry systems, on-site security, and private balconies, providing peace of mind for relocating employees.

6. Access to Transportation

Proximity to public transportation and major highways is essential for relocating employees who need easy access to airports, business districts, and meeting venues. Multi-plex buildings can be strategically located to provide convenient transportation options.

Example: A duplex in Vancouver is located near public transit routes and major highways, offering convenient access to the city and surrounding areas for employees on temporary assignments.

7. Customizable Services

Relocating employees often require additional services such as housekeeping, concierge services, and maintenance support. Multi-plex buildings can offer customizable services to enhance the living experience for relocating tenants.

Example: An apartment complex in Toronto provides optional housekeeping services and a dedicated concierge, catering to the needs of relocating employees and their families.

Benefits for Property Owners

Investing in multi-plex buildings for relocation housing offers several benefits for property owners:

1. High Rental Income

Relocation housing typically commands higher rental rates compared to traditional residential rentals. The premium rent associated with corporate housing can significantly enhance the profitability of multi-plex buildings.

Example: A multi-plex owner in Vancouver benefits from higher rental income by catering to employees relocating for work in the city’s thriving tech industry.

2. Low Vacancy Rates

The consistent demand for relocation housing ensures high occupancy rates. Corporate clients, including business travelers and relocating employees, provide a steady stream of tenants, reducing the risk of vacancies.

Example: A triplex near major corporate offices in Toronto maintains low vacancy rates due to the ongoing demand from employees on temporary assignments and long-term projects.

3. Long-Term Tenants

Relocating employees often require extended stays for long-term projects, relocations, or training programs. These long-term tenants provide stable rental income and reduce tenant turnover, benefiting property owners.

Example: An apartment complex in Calgary hosts long-term tenants working on multi-year projects in the oil and gas industry, ensuring consistent rental income.

4. Enhanced Property Value

Well-maintained multi-plex buildings in prime locations can experience significant appreciation in property value over time. The demand for corporate housing in desirable areas can drive property value, providing long-term financial benefits for owners.

Example: A multi-plex near the Financial District in Toronto sees an increase in property value due to its strategic location and consistent demand from corporate clients.

5. Diversified Tenant Base

Catering to corporate clients diversifies the tenant base, reducing reliance on a single market segment. This diversification can enhance the stability of rental income and mitigate risks associated with market fluctuations.

Example: A triplex in Montreal serves both corporate clients and traditional residential tenants, ensuring a diversified and stable tenant base.

6. Positive Reputation and Referrals

Providing high-quality corporate housing can enhance the property’s reputation and attract referrals from satisfied clients. A positive reputation in the corporate housing market can lead to repeat business and long-term partnerships with companies.

Example: An apartment complex in Ottawa earns positive reviews from corporate clients, leading to referrals and repeat bookings from multinational companies.

Challenges and Considerations

While multi-plex buildings offer significant advantages for relocation housing, there are challenges and considerations that must be addressed:

1. Regulatory Compliance

Corporate housing is subject to various regulations and zoning laws at the municipal level. Property owners must ensure compliance with all local regulations to avoid legal issues and fines.

Example: In Vancouver, corporate housing operators must adhere to zoning bylaws, occupancy limits, and safety standards to ensure compliance.

2. Property Management

Effective property management is crucial to maintaining the quality and appeal of corporate housing. Owners must be prepared to handle tenant relations, maintenance, and operational issues to ensure positive tenant experiences.

Example: Hiring a professional property management company can help multi-plex owners manage the day-to-day operations of corporate housing, ensuring efficient and effective management.

3. Market Competition

The corporate housing market is competitive, with many properties vying for tenants. Owners must differentiate their multi-plex buildings through strategic marketing, high-quality amenities, and excellent customer service to attract and retain tenants.

Example: Offering unique amenities such as rooftop gardens, fitness centers, or pet-friendly units can set a multi-plex building apart from competitors.

4. Financial Viability

The initial investment costs for multi-plex buildings, including acquisition, renovations, and furnishings, can be substantial. Owners must carefully evaluate the financial viability of the project and secure appropriate financing to support their investment strategy.

Example: Leveraging government programs and incentives for energy-efficient upgrades can help offset renovation costs and improve the financial feasibility of the project.

Government Support and Incentives

Governments at the federal, provincial, and municipal levels in Canada are increasingly recognizing the importance of relocation housing. Various support programs and incentives are available to encourage the development of corporate housing:

1. Federal Initiatives

The federal government, through the Canadian Mortgage and Housing Corporation (CMHC), offers several programs to support the development of rental housing. These include low-interest loans, grants, and tax incentives for developers who build or renovate multi-plex buildings for corporate housing.

Example: The National Housing Strategy (NHS) aims to create more rental housing units across Canada through funding and financing options for developers.

2. Provincial Programs

Provincial governments also offer programs and incentives to promote rental housing. These may include direct funding for rental housing projects, tax credits, and regulatory support to streamline the development process.

Example: Ontario’s Affordable Housing Program provides funding to municipalities and non-profit organizations to develop rental housing, including corporate housing units.

3. Municipal Support

Municipal governments play a crucial role in supporting corporate housing through zoning policies, land-use regulations, and financial incentives. Cities can offer density bonuses, reduced development charges, and expedited permitting processes for rental housing projects.

Example: Vancouver’s Rental 100 program provides incentives to developers who create 100% rental housing, including corporate housing units, by waiving development cost levies and fast-tracking approvals.


The demand for relocation housing in Canada presents a significant opportunity for property owners and investors. Multi-plex buildings, with their ability to provide high-quality, convenient, and flexible housing options, offer a viable solution to meet this demand. By catering to the needs of relocating employees, multi-plex buildings can generate high rental income, maintain low vacancy rates, and enhance property value.

However, property owners must navigate regulatory, management, competitive, and financial challenges to capitalize on these opportunities. Government support and incentives at the federal, provincial, and municipal levels can play a crucial role in encouraging the development of corporate housing.

As the corporate sector continues to grow, the development of multi-plex buildings will be essential in meeting the diverse housing needs of relocating employees across Canada. By focusing on the preferences and values of corporate clients, multi-plex buildings can help create vibrant, connected, and resilient communities for the future.


bottom of page