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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 the potential for rental growth 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 82 buildings and 406 units as of October 2026, focused on family-oriented rental housing in Toronto. Our standardized building model supports efficient execution and provides a foundation for scalable portfolio growth.
Our in-house construction management team brings decades of combined experience in custom homebuilding and multiplex development.
Modcity has secured more than $35 million in committed capital to support its development program.
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.