Your next multi-family project. Built on time, on budget, and built to perform.
Lexiar Homes brings multi-family construction experience, fixed-price discipline, and a full-service approach to investors who are serious about building rental income that works. From land to lease - we've done this before, and we know how to make the numbers work.
The builder you choose either protects your pro forma or destroys it.
Multi-family development is an unforgiving business. Budgets that creep. Timelines that slip. Builders who have never built a rental project treating your investment like a custom home - with custom home habits and custom home costs. Every month a project sits unfinished is a month of carrying costs with zero income. Calgary's rental market has also evolved. Vacancy rates have risen from historic lows, which means the strategy for a successful multi-family project is more nuanced than it was. Location, unit design, rental price point, and pro forma discipline matter more than ever. Projects built in the right community, at the right price point, with the right unit mix still perform exceptionally well. Projects that don't account for current market realities don't. Lexiar was built for investors who understand this.
We protect the pro forma. Every time.
Fixed-Price Agreement
Detailed, line-itemed quote before a shovel goes in. We build to that number. No surprises. No scope creep.
Speed That Saves Money
We build fast without cutting corners. Every week saved on your timeline is a week of carrying costs you don't pay.
Quality That Eliminates Service Calls
Materials and methods chosen for longevity. Buildings that attract quality tenants and don't generate service calls.
Built Smart For The Pro Forma
We run the pro forma on both 2-storey and 3-storey configurations for your specific site to determine which makes the most financial sense.
CMHC Financing Expertise
We work with Calgary's top CMHC mortgage brokers. We can connect you with the right people and help structure your project for MLI Select.
Full-Service From Start To Finish
Land sourcing, architecture, engineering, permit navigation, CMHC financing, fixed-price construction, and possession. We're with you every step.
4-plexes, townhomes, and larger multi-family developments.
We specialize in purpose-built rental projects of 4 units and above - townhouse-style multi-family, stacked units, and larger developments. If you have land, we can tell you what's possible on it. If you're still looking, we can help you find it.
From vision to revenue - here's how we get there together.
Discovery & Feasibility
Tell us about your vision, budget, and timeline. Our feasibility estimates are detailed, itemized, and built to stand up to lender and CMHC scrutiny. A fee applies - ask us about our process when you reach out.
Land & Design
Don't have land yet? We can help find and evaluate it. We connect you with experienced multi-family architects who maximize unit count and design for rental appeal.
Engineering & Approvals
We navigate engineering, DP, BP, and city approvals - finding cost efficiencies and keeping the project on track.
Fixed-Price Quote & Contract
Detailed, line-itemed fixed-price quote before construction begins. A real number you can take to your lender with confidence.
CMHC Financing
We connect you with top CMHC mortgage brokers and help structure your project for MLI Select.
Construction
Fast, disciplined, quality-driven. Every trade coordinated. You always know where things stand.
Possession & Beyond
We hand over a finished building with warranties in place. Not a deficiency list.
Multi-Family Investor Guide.
A 21-page guide for investors and developers exploring multi-family in Calgary. CMHC programs, pro forma considerations, and what to look for in a builder partner.