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OUR STORY
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Modcity’s portfolio unit count grew approximately 6.5-fold from 2024 to 2026, from 62 units at year-end 2024 to 406 units as of October 2026. In 2026 alone, we added 260 units, more than 95% of which are three-bedroom homes.
By 2028, we project a development pipeline of 950 units, with completion and lease-up expected by the end of 2030. This pipeline forms part of our broader goal to deliver 1,000 homes by the end of 2030.
6.5×
2026 unit count vs. 20242024–2026
+260
Unit count increase2025–2026
Updated as of October 2026.
Our acquisition strategy targets areas with high rent growth potential and land value appreciation over a five- to ten-year horizon.
We complement this approach with selective acquisitions in established premium neighbourhoods where relative-value opportunities arise, balancing exposure across locations at different stages of growth.
Our focus on spacious three-bedroom homes is intended to support longer tenancies, lower turnover and portfolio resilience through market cycles.
Updated as of October 2026.
Our development approach combines repeatable processes, in-house construction management and a focus on long-term ownership.
Modcity’s portfolio comprises 80+ buildings and 400+ units as of October 2026. We've achieved economies of scale to maximize value through our standardized building model.
Our in-house construction management team brings decades of combined experience and an exceptional commitment to quality and efficiency standards. Control over the construction stage substantially mitigates development risks.
Modcity has secured more than $35 million in committed capital to support its development program and has a strong balance sheet to support its continued and rapid growth.
Our homes are designed and built for long-term ownership, with an emphasis on durability, construction quality and family-sized layouts.
We engage with local communities and public officials on housing policy and multiplex development in Toronto.