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About

As Toronto's leading multiplex developer, we provide an end-to-end multiplex investment service

FOUNDING

Modcity was founded by partners bringing nearly three decades of combined expertise across custom homebuilding, investment banking, and private equity.
In 2023, following the enactment of By-law 473-2023 (The Multiplex Bylaw), we strategically shifted our focus to fourplex development.

MISSION

As Toronto’s leading fourplex development company, we are on track to deliver 100 buildings with garden or laneway suites by 2030.
This represents a significant increase to the supply of spacious, family-friendly units in desirable neighbourhoods, providing attainable housing for over 500 families and addressing Toronto’s critical housing shortage.

Collaborate With Us

As Toronto’s widely-recognized leader, by both scale and product quality, Modcity is at the forefront of fourplex development, delivering best-in-class rental units to Toronto’s most desirable communities.
We’re now sharing our expertise through a suite of tailored services for select investors and homeowners. By transforming properties into income-generating assets with elevated market value, we help unlock their full potential.

Our STORY

From a vision in 2022, with just three founders, we've grown into Toronto's widely recognized leader in fourplex development.

2022

2022

  • Founded in Toronto in 2022, in preparation for the 2023 Multiplex Bylaw
  • A clear vision, and big goal, of delivering 500 family-sized purpose-built rental units by 2030 across Toronto

2024

2024

  • Acquired, permitted, and initiated construction of the first batch of new-build fourplexes
  • Scaled up our execution team and working partners to accommodate rapid growth

PRESENT

PRESENT

  • On a steady and calculated growth trajectory, with over two dozen investors
  • Leading market share, with six new-build fourplexes completed and another two-dozen fourplexes in either the construction or permitting stage

30

Fourplexes under development or occupied

144

Dwelling units under development or occupied

$19M+

Equity raised

$106M+

As-complete asset valuation

The
modcity
‍DIFFERENCE.

Largest Market Share

  • Leading Toronto’s multiplex sector with 3x as many projects relative to our closest competitors.
  • Positioned as Toronto’s most active and trusted builder of multiplexes.

Economies of Scale

  • Scale-driven operations allow us to offer clients highly competitive construction quotes and faster project timelines.
  • Standardized procedures and repeatable processes have enhanced quality control.

Construction as a Core Competency

  • Having seen the largest volume of multiplexes, our company is grounded in real construction experience.
  • Our in-house construction management team boasts decades of combined experience building custom homes and multiplexes.

Robust Balance Sheet

  • $100M+ as-complete asset valuation underscores Modcity’s capacity to deliver high-performing rental assets.
  • Over $19M in equity raised to date, demonstrating strong investor confidence and financial discipline.

Premium Multiplex Builder

  • Modcity homes are built with durability in mind for a long term hold and custom home level finishes that distinguish our units and pave way for securing AAA tenancies.
  • From initial design to final inspection, we uphold a zero tolerance approach to shortcuts.

Public Facing

  • Deeply engaged with the public and government bodies, actively advocating for progressive housing policy.
  • Highly accountable to the communities we serve, maintaining strong relationships with local committees, councilors and representatives.
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OUR VALUES

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ALWAYS ACT WITH INTEGRITY

  • Absolute accountability for our actions and commitments.
  • Act in the best interest of our partners and clients to build healthy and mutually beneficial long-term relationships.

RESULTS DRIVEN

  • Focused on delivering measurable outcomes.
  • Committed to creating lasting value.

DEDICATION TO RELATIONSHIPS

  • Build long-term partnerships, even if it means sacrificing short-term gains.
  • Think from the client’s perspective and work backwards.

TRANSPARENCY IN OUR ACTIONS

  • Transparent, frequent, and clear communication and reporting.
  • No critical information is withheld from project stakeholders.
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