Multi-Unit Development Services and Pricing
Multi-unit development requires coordinated analysis of zoning, construction cost, rents, operating expenses, financing, and long-term value before design and construction commitments are made.
Preliminary Development Screening
Starting from $3,500 plus HST
May include:
- Preliminary zoning and density review
- High-level unit-count assessment
- Preliminary construction-budget framework
- Initial revenue and valuation review
- Identification of major development risks
This early-stage review is intended to help determine whether a property or development concept warrants further investment in design, consulting, and approvals.
Detailed Feasibility and Underwriting
Starting from $7,500
The detailed feasibility process may include:
- Development-program review
- Preliminary unit mix and gross-floor-area analysis
- Construction-cost planning
- Revenue and rental assumptions
- Operating-expense assumptions
- Preliminary financing analysis
- Development schedule
- Risk and sensitivity analysis
- Recommended next steps
Final fees depend on project size, available information, required consultants, development complexity, and the level of financial analysis requested.
Multi-Unit Preconstruction Services
Starting from 1.5% of anticipated construction cost
Larger or more complex assignments may range up to approximately 3%, depending on design status, estimating requirements, municipal approvals, consultant coordination, procurement strategy, and project complexity.
Preconstruction services may include:
- Design-team coordination
- Construction budgeting and cost planning
- Value engineering
- Constructability review
- Permit and approval coordination
- Project scheduling
- Tendering and trade procurement
- Cash-flow and draw planning
- Financing-milestone coordination
- Construction-readiness planning
Construction Management
Priced under a separate project-specific agreement
Construction-management fees and commercial terms are established based on:
- Project size and duration
- Scope of management responsibility
- Site staffing requirements
- Procurement strategy
- Reporting obligations
- Financing and lender requirements
- Consultant coordination
- Occupancy and turnover requirements
- Project risk and complexity
The final agreement may be structured as a fixed fee, percentage-based fee, cost-plus agreement, stipulated-price contract, or another project-specific delivery model.
Our Multi-Unit Services May Include
- Purpose-built rental construction
- Affordable-housing development
- CMHC and MLI Select planning support
- Duplex, triplex, and fourplex projects
- Mid-rise and larger multi-residential development
- Development feasibility and underwriting
- Cost planning and value engineering
- Design-team coordination
- Tendering and procurement
- Construction management
- Financing and lender-draw coordination
- Occupancy planning and project turnover
Multi-Unit Pricing Depends On
- Property and zoning conditions
- Unit count and building size
- Building height and construction type
- Parking and servicing requirements
- Fire separations and life-safety systems
- Mechanical and electrical infrastructure
- Energy-performance and affordability commitments
- Municipal approvals and development charges
- Financing and reporting requirements
- Construction schedule and phasing
- Site access and surrounding conditions
- Consultant and design-team requirements
Published fees and percentages are preliminary starting points only. Final pricing depends on project size, zoning, design status, consultant requirements, financing structure, municipal approvals, construction complexity, procurement strategy, schedule, and the confirmed scope of services.
Evaluate Your Development Before You Commit
Contact WHC for multi-unit feasibility, preconstruction, and construction services throughout Kitchener-Waterloo and Southwestern Ontario.
