We are a purpose-led and passion-fueled real estate developer, homebuilder, community creator and industry disruptor.

Our philosophy centers around the concept of gentle density, at scale. We believe that building diverse and inclusive living options enriches communities by fostering a safe and engaged neighbourhood where everyone can thrive, together.

Our mission is to inspire people with a sense of possibility and belonging and enhance their quality-of-life by building attainable, sustainable and community-centric homes.

Our values are the foundation for everything we do at Portico — from how we develop our communities to how we serve our residents, to the way in which we solve a problem and support our people.

Founded on First-Hand Experience

Portico's competitive advantage lies in its vertically and horizontally integrated approach, which aligns developments with an innovative construction, marketing, sales, leasing and management strategy to amplify the brand, engage with communities, provide best-in-class service and create meaningful investment opportunities.

With a data-driven and results-oriented approach — backed by our profound passion for creating vibrant, unique and inclusive communities — our team at Portico brings a wealth of knowledge, expertise and creativity to every project.

At Portico, we believe in building more than just structures; we build lasting legacies that contribute to the cultural and economic vitality of our communities.

New housing completions need to rise to 320,000 annually until 2030, just to meet future demand. Higher deliveries are needed right now to account for existing demand and peak population growth.

The housing industry is falling behind — and the crisis is getting worse.

A Prolonged and Sustained Housing Crisis

Canada built 235,000 homes last year, but it's not enough.

Our Why:

Canada needs 5.8 million homes by 2030 to restore housing affordability. We’re not going to achieve our housing goals by continuing to build homes the same way we’ve built them for the past one hundred years.

Task force for Housing and Climate – March 2024

It’s not just homeownership prices that have skyrocketed — rental vacancies dropped to 1.5% nationwide in 2023 — a historical low.

Developers focused on Missing Middle housing take a fragmented and piecemeal approach that heavily relies on outsourcing nearly all aspects of the development process.

Worst yet, the current development playbook siphons value from the market at every stage of the process - snowballing the affordability crisis.

Portico is building something bigger.

Our Solution:

Gentle Density, At Scale - Built Smarter

Vertical integration through digitally-enabled off-site manufacturing, powered by ModLab.

The Power of Off-Site Manufacturing

Three Targets, One Arrow.

Through ModLab's employee upskilling program, we unlock skilled work opportunities for the general workforce by leveraging advanced construction and manufacturing technologies that distill complex tasks into step-by-step processes, while enhancing working ergonomics and safety all in a climate-controlled work environment.

Portico Residential Corporation, Three Pillar Solution to the Housing Crisis in Toronto

According to a 2023 report published by the United Nations Environment Programme (UNEP), the buildings and construction sector is by far the largest emitter of greenhouse gases, accounting for a staggering 37% of global emissions. The production and use of materials such as cement, steel, and aluminum have a significant carbon footprint.

When it comes to Canada's skilled trades sector, over 700,000 skilled trades workers are expected to retire between 2019 and 2028, creating "an ever-growing need to recruit and train thousands of skilled tradespeople," according to Employment and Social Development Canada.

At Portico, we believe that we all have a role to play in contributing to a healthy community and a healthy planet. Powered by ModLab, our developments produce less greenhouse gas emissions, create less landfill waste, and prioritize the use of sustainable building materials - for a vibrant future.

Portico, powered by ModLab, harnesses the benefits of off-site manufacturing technology using cutting-edge robotics, automation, advanced software, lean practices and market-leading building science to deliver bespoke housing projects on time and on budget.

This innovative model culminates in an unrivalled experience for all stakeholders with less disruption, greater certainty and precision quality.

...but, we don't just have a housing crisis. We're also facing an environmental crisis, coupled with a generational shortage in our skilled labour force.

About: ModLab

Portico Residential Corporation, ModLab Inc., Toronto Real Estate Developer, Modular Manufacturer

Want to get involved? Curious about our investment opportunities?

If you own property in the Toronto area and you're interested in working with us to build livable, sustainable, and community-oriented housing, we’d love to hear from you.