✍️ By Debbie Balfour | WBN News | October 22, 2025 | Click HERE for your FREE Subscription to WBN News and/or to be a Contributor.
When a corporate layoff threatened to derail his future, Trent Prasky turned uncertainty into unstoppable momentum, transforming a career setback into a multimillion-dollar real estate journey that’s now reshaping how Canadians live and invest.
In this inspiring episode of Let’s Talk Real Estate Investing, I sit down with Trent, developer, strategist, and co-founder of Wealth Development Network, to uncover his path from adversity to achievement and his mission to build sustainable communities through the missing middle housing movement.
🎧 Watch the full podcast on YouTube:
Let's Talk Real Estate Investing Podcast - Buy The Boring
🔑 Highlights from Trent’s Journey
Trent’s story proves that resilience and smart strategy can turn any obstacle into an opportunity:
- Career pivot: From teaching and pharmaceutical sales to a full-time real estate investor.
- Accidental landlord: Bought his first condo in Calgary and turned it into a rental after being laid off.
- Breakthrough: Converted an 18-unit apartment building into individual condos—tripling his income.
- Community builder: Now leads projects focused on sustainable, inclusive housing through VancouverMissingMiddle.com.
What Is the “Missing Middle”?
Trent defines the missing middle as the critical gap between single-family homes and high-rise condos.
- Includes duplexes, triplexes, fourplexes, and townhomes.
- Offers affordable living for families, downsizers, and multi-generational households.
- Helps rebuild community connections while easing Canada’s housing shortage.
For investors, this housing type represents a sweet spot, lower risk, strong demand, and faster capital turnover.
💡 Trent’s Top Tips for Investors
Trent shared actionable, battle-tested advice for investors who want to get in on this growing trend:
- Do your homework: Research market demand, zoning rules, and resale values before building.
- Collaborate early: Align with experienced builders and financiers to manage costs and timelines.
- Prepare for setbacks: Have extra capital ready for delays—development rewards the patient.
- Capitalize on zoning changes: Cities like Vancouver and Burnaby are streamlining multiplex approvals, making entry easier than ever.
💰 Game-Changer: Homeowner Participation
Trent’s innovative “homeowner participation” model lets property owners turn their equity into opportunity:
- Partner with developers to create multiplexes without leaving their neighborhood.
- Share in project profits—or live in one of the new units.
- Build intergenerational wealth while contributing to community growth.
“It’s a win-win,” Trent says. “Homeowners build wealth, investors gain opportunity, and cities get much-needed housing.”
Free Offers from Trent
Listeners can access exclusive opportunities, including:
- Free Feasibility Study: Homeowners and realtors can discover if their property qualifies for multiplex development.
- Free Event Access: Complimentary admission to Wealth Development Network monthly events for podcast viewers.
Trent Prasky’s journey is living proof that sometimes the biggest breakthroughs come from life’s toughest moments. His passion for purpose-driven investing is redefining what it means to build both wealth and community.
Debbie Balfour | Real Estate Investing Success Coach + Podcast Host
📍 Website: www.DebbieBalfour.com
📧 Email: Debbie@DebbieBalfour.com
🔗 LinkedIn: Debbie Balfour
▶️ YouTube Channel: youtube.com/@DebbieBalfour
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