Plex One. The multiplex certification that comes with the tools.
You spend one day in Vancouver, then you leave with
the VanPlex platform, leads routed to you,
and the designation. For REALTORS®, builders, investors and brokers.
Free to apply, and it takes about two minutes. Seats are limited and we reply either way
within 48 hours.
What you get access to on day one
4,042
pre-1980 single-family listings on the market right now that our model scores as multiplex lots
1,391
new-construction multiplex and half-duplex units for sale across Metro Vancouver
1,005
multiplex projects tracked from permit to completion, 748 of them in Vancouver
86,000+
Metro Vancouver properties scored in the Vancouver Multiplex Index
Live counts from the VanPlex platform, read on August 18, 2026. They move as the market moves.
“Now, those houses are in a new asset class. Overnight, they went from single-family to a small multi-family asset.”
David Babakaiff, quoted as co-founder at Vanplex.ca
Everyone says they do multiplex now. Almost nobody can price one.
Bill 44 changed the rules on thousands of single-family lots in Metro Vancouver. Three
years later the listings are full of the words "multiplex potential" and "builder alert",
written by people who have never run the numbers on one.
That is the whole problem. An owner asks what their lot is worth to a builder, and the
answer takes a proforma, a zoning check, and a read on what the finished units will sell
for. A builder asks which of these 4,042 old houses is actually worth buying, and the
answer is a short list, not a map. A buyer asks whether a presale fourplex unit is a good
buy, and the answer needs comparable new-construction pricing that most agents do not have.
So the deals go to the few people who can answer. Right now those people are not
distributed evenly across the region. Most areas have nobody.
This is not a course
A course sends you home with notes. Plex One sends you home with the tools.
The day in the room is one of three things you get, and it is not the expensive one.
1. The software
The full VanPlex platform
A PlexPro account, which is the top VanPlex plan. It lists at
$999 a month on the yearly plan
and $1,100 a month with no commitment. Yours as part of Plex One.
Unlimited Vancouver proformas
PlexScore on every listing, 1 to 10 build potential
Filter the whole search by projected return on equity
Sort every result by return on equity
Branded PDF exports with your name on them
The calculator widget for your own website
A custom landing page on vanplex.ca
Priority support
2. The deal flow
Leads routed to you, and the inventory
Knowing how to price a multiplex is worth nothing if nobody calls you. So the second half
of Plex One is the flow of work itself.
Owner and buyer inquiries from your area routed to you
A designation buyers and owners can check before they call
4,042 pre-1980 listings scored as multiplex lots, filtered to your patch
1,391 new-construction multiplex and half-duplex units to sell from
1,005 tracked projects, including the 142 near completion
3. The day itself
Training, so the tools are worth something
Handing someone a proforma model and a lead list without teaching them how to read either
is how people waste both. That is what October 28 is for.
Seven blocks, each led by someone who does that work for a living
You build a real proforma on a live listing in the room
The written test at the end, which is what the designation rests on
The Plex One designation once you pass
Most training in this industry ends when the room empties. Plex One starts there: you go home
logged in, with the work already coming in.
Three steps to certified
Step 1
Apply
Two minutes. Tell us who you are, what you do today, and which area you want. We read
every one and reply either way within 48 hours.
Step 2
Talk it through
A call with our team. We go through the fee, what is included, the areas you cover, and
whether October 28 is the right cohort for you. No obligation on either side.
Step 3
Show up on October 28
One full day in the room. Pass the test at the end and your designation, your PlexPro
account, and your lead routing are switched on before you leave.
Free to apply. Seats are limited, and nothing is owed unless you accept one.
The full day, block by block
Seven working blocks in one room in Vancouver, each one led by someone who does that part for
a living. You bring a laptop. We bring live listings, the model, and the city data. Accepted
applicants get the exact address and the start and finish times when the seat is confirmed.
1
Morning, block 1
What Bill 44 actually made legal
Led by the VanPlex team
The provincial rule, the City of Vancouver R1-1 version, and the places where Burnaby, Coquitlam, and North Vancouver went their own way. You leave knowing which rulebook applies to a given address instead of guessing.
2
Morning, block 2
Buying a lot that actually makes money
Led by an active multiplex land buyer
Frontage, lot width, setbacks, floor space ratio, the tree bylaw, the sewer and the lane. We go through the checks that kill a site, in the order that kills it fastest. Then the harder question: of the sites that survive, which ones are worth buying, and what someone who buys these for a living looks at before they write an offer.
3
Morning, block 3
Building the proforma line by line
Led by the VanPlex team
Land basis, hard cost, soft cost, levies, financing, sales cost, and return on equity. You build one on a live listing during the session, and you learn which single input moves the answer most.
4
Afternoon, block 4
For builders: what to do, and what not to do
Led by a builder who has delivered multiplex projects
The build side from someone who has actually finished these. Sequencing, where budgets get away from you, the decisions that are cheap on paper and expensive on site, and the mistakes that show up again and again on first multiplex projects. Bring the project you are stuck on.
5
Afternoon, block 5
What sells, and what sits
Led by an agent selling multiplex units today
Unit mix, unit size, layout, parking, outdoor space and finish level, and what buyers in this market have been paying for against what they walk away from. Freehold against strata from the buyer's side. This is the block that decides what you should have built before you built it.
6
Afternoon, block 6
Finding the deal, and attracting the buyer
Led by the VanPlex team with an active listing agent
Two halves. How the PlexScore and return-on-equity model rank listings, how to work that list every week, and how to talk to an owner who has never heard the word multiplex. Then the other end: where multiplex buyers actually come from, how presale and new-construction units get marketed, and how to hold a buyer from deposit to completion.
7
Afternoon, block 7
Working the platform, and the Plex One test
Led by the VanPlex team
How to work the search and the lead list week to week, how routing reaches you, what we expect from a Plex One, and the written test. Pass it and your designation, your PlexPro account and your lead routing are switched on before you leave the room.
What a Plex One does on a Tuesday morning
This is the loop the training builds. It is the same loop whether you are listing the lot,
buying it, financing it, or selling the units at the other end.
1. Open the list, not the map
There are 4,042 active pre-1980 single-family listings in the region right now. Your area
holds a small slice of that. PlexPro sorts your slice by projected return on equity and
puts a PlexScore on each one, so the morning starts with a short list instead of a map.
2. Kill the ones that do not work
Frontage, lot width, setbacks, floor space ratio, protected trees, the lane. Most of the
short list dies here, and it should die here rather than three weeks later. The training
teaches the order of those checks, cheapest and fastest first.
3. Run the proforma on what survives
Land basis, hard cost, soft cost, levies, financing, sales cost, and the return on equity
that falls out at the bottom. The exit price is not a guess: 1,391 new-construction
multiplex and half-duplex units are listed across the region, and that is what you price
the finished product against.
4. Check the zoning properly
Not "it looks like R1-1". The actual city record for that address. A wrong zone is a wrong
deal, and it is the single most expensive mistake in this business. You learn where the
authoritative record lives and how to read it.
5. Make the call with an answer in hand
You ring the owner, or the builder, or the buyer, and you already know the number. That is
the whole difference between a Plex One and an agent who wrote "builder alert" in
the remarks.
The counts above were read from the VanPlex platform on August 18, 2026, and they change with
the market. What does not change is the loop.
Who we accept
Open to licensed REALTORS®, builders and developers, investors, and mortgage brokers. Being
one of those is not enough on its own.
You already sell or build here
A licence, a build history, or a real track record in Metro Vancouver property. This is not an entry-level course.
You work a patch you know well
Lead routing follows the areas you actually cover. We would rather you know ten streets properly than a whole city vaguely.
You answer your phone
A routed lead that sits for two days is a wasted lead. Response time is the thing we check first.
You can follow a process
You run the model the way it was taught, and you record what happened. That is how the routing keeps improving.
You can give the full day
One day in Vancouver on October 28. Half a day does not get you certified.
You will actually use it
The platform and the leads only pay off for someone who logs in and works them. We check for that on the call.
Who teaches it
Not one person at the front of the room for eight hours. Each block is taught by someone
who does that particular thing for a living, in this market, right now.
Buying the land
Someone who buys multiplex lots for their own account
They tell you what makes them write an offer and what makes them walk, which is a different list from what makes a site legal.
Building it
A builder who has delivered multiplex projects here
The build mistakes that cost real money, from someone who paid for them once already.
Selling the units
An agent selling multiplex and presale units today
What has been moving, what has been sitting, and what buyers ask before they sign.
The numbers and the data
The VanPlex team
The proforma, the zoning record, the scoring model, and how the lead routing works.
The confirmed lineup for October 28 goes out with your seat confirmation.
Running the day
David Babakaiff
Co-founder of VanPlex
David has spent more than 25 years building in British Columbia. As principal of the
Alair Homes Vancouver franchise he grew the office past $20M in annual revenue. Alair
Homes Vancouver won the 2024 HAVAN Award for Best Multiplex Unit during that time.
He is a past Vice President of the Canadian Home Builders' Association Interior BC
chapter, and he presented on the main stage at the 2026 Missing Middle Conference at
the Fairmont Pacific Rim on May 8, 2026. He co-created the scoring model behind the
Vancouver Multiplex Index after analyzing more than 86,000 Metro Vancouver properties.
One full day in Vancouver on Wednesday, October 28, 2026. It is one room with a fixed number of
seats, so apply before they are gone. We read every application and reply either way within
48 hours. Applying costs nothing and commits you to nothing.
You leave logged in, not just taught:
The full VanPlex platform, a PlexPro account listed at $999 a month
Unlimited proformas, PlexScore, and return-on-equity filtering and sorting
Branded PDF exports, the website widget, and a custom vanplex.ca landing page
Owner and buyer leads from the areas you cover, routed to you
The presale and new-construction multiplex inventory to sell from
A seat on October 28, and the Plex One designation once you pass
We read every one
Applications are reviewed by a person, not a filter, and you get an answer either way
within 48 hours. If it is a no, we tell you why.
Application
Takes about two minutes. Only your name, email and phone are required. The rest helps us
match you to the right cohort faster.
Questions people ask first
Is this just a training course?
No, and the training is the smallest part of it. You get the full VanPlex platform, which is a PlexPro account: unlimited Vancouver proformas, the PlexScore on every listing, the ability to filter and sort the whole search by projected return on equity, branded PDF exports, the calculator widget for your own site, and a custom landing page on vanplex.ca. You get owner and buyer inquiries from the areas you cover routed to you. You get the presale and new-construction inventory to sell from. October 28 exists so that all of that is worth something in your hands, because a proforma model and a lead list are wasted on someone who cannot read either.
What does Plex One cost?
There is a fee, and we go through it on the call rather than putting a number on this page. The reason is that the fee is only one side of the arithmetic. The other side is a PlexPro account, which lists at $999 a month on the yearly plan and $1,100 a month with no commitment, plus lead routing in the areas you cover. We would rather show you both halves together, with your market and your numbers in front of us, than have you judge one half in isolation. If it does not make sense for you after that call, you say no and nothing happens.
What exactly do I get after I pass?
The software, the deal flow, and the designation. The software is a PlexPro account: unlimited proformas, PlexScore on every listing, return-on-equity filtering and sorting, branded PDF exports, the website widget, a custom landing page, and priority support. The deal flow is lead routing in the areas you cover, plus access to the presale and new-construction multiplex inventory we track, so you can bring a buyer to units that are not yet obvious on the open market. The designation is Plex One, and it is something an owner or a buyer can check before they call you.
How does the lead routing work?
You tell us the areas you cover, and owner and buyer inquiries that come to VanPlex from those areas get routed to you. Vancouver alone holds 748 of the 1,005 multiplex projects we track and Burnaby holds another 214, so it helps to be specific rather than saying the whole region. Response time matters more than anything else here: an inquiry that sits for two days is a wasted inquiry, and we watch that.
Who actually teaches it?
Working professionals, one per block, rather than one trainer covering everything. The land block is led by someone who buys multiplex lots for their own account. The build block is led by a builder who has finished multiplex projects in this market. The block on what sells is led by an agent selling multiplex and presale units right now. The VanPlex team covers the proforma, the zoning record, the scoring model, and how lead routing works. David Babakaiff runs the day. The confirmed lineup for October 28 goes out with your seat confirmation.
I am a builder, not an agent. Is half of this useless to me?
No, and the two blocks most builders say they wanted are the ones about the other side of the deal. One is on what has been selling and what has been sitting: unit mix, size, layout, parking, outdoor space and finish level, and where buyers stop caring. The other is the build block itself, led by someone who has delivered these projects and can tell you which decisions are cheap on paper and expensive on site. Knowing what sells before you draw it is worth more to a builder than anything on the sales side.
Do I need to be a licensed REALTOR®?
No. The cohort is open to licensed REALTORS®, builders and developers, investors buying for their own account, and mortgage brokers. The lot analysis, the proforma, and the zoning work are the same for all four. Lead routing is where it differs, and we set that up to match what you are actually licensed and able to do.
Where is it, and how long is the day?
In person, in Vancouver, on Wednesday October 28, 2026. It is one full day with the room, the data, and the model in front of you. We send the exact address, the start and finish times, and the parking and transit details to accepted applicants once your seat is confirmed.
Why is this an application instead of a ticket I can just buy?
Two reasons. The room is small and the day is hands-on, so a seat only works for someone who already sells or builds here and can keep up. And once you are certified we put our name on you and send you real inquiries, which we are not willing to do for whoever happened to click first. Reading applications is how we avoid both problems.
What happens after I apply?
We read every application and reply either way. If the fit looks right, we book a call to go through the fee, what is included, the areas you cover, and what we expect from you. If we are not moving forward, we say so and tell you why, so you are not left waiting.
What if I cannot make October 28?
Apply anyway. October 28 is one cohort rather than the last one, and the seats for a given date are limited and go before the date arrives. Applying now puts you in front of us for the next one, and if something opens up on the 28th you are already reviewed and ready to take it.
Wednesday, October 28, 2026 / Vancouver / one full day
Anyone can say they do multiplex. Be the one who can prove it.
You leave with the platform, the leads, and the designation, not a folder of notes. Two
minutes to apply, and we reply either way within 48 hours.
