Building Value. Building Communities.

VisionDev is a Quebec-based private investment fund that acquires, rehabilitates, upgrades and operates rental real estate properties to create sustainable revenue streams that benefit investors and enhance the quality of life in their communities.

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The Context

Montreal's rental values have lagged behind, with average rents below market rates and with the current construction deficit, the CMHC predicts a shortage of millions of units in coming years to meet the growing population's needs.

The Opportunity

An income property's value relies on its net income. So doubling rents doubles the property's value. Currently, there’s a 50% gap between average and achieved rents, presenting a billion-dollar opportunity.

Focus on Mid-size

We avoid small buildings, where unit prices have surged, and large properties, which are aggressively targeted by institutional funds. We focus on medium-sized projects (6-50 units) that offer the most cost-effective acquisition and efficient property management.

An Established Network

To sustain growth in real estate, you need a network. Our network includes hundreds of off-market brokers, owners, and specialized investors. We also work with a proven circle of general contractors, engineers, lawyers, accountants, and financing partners like Harbor Mortgage Corporation and Westmount Capital.

Identifying Opportunity

Using our optimization-focused investment methodology, we identify off-market opportunities and conduct thorough due diligence (inspection, environmental analysis, financial review, and even tenant assessments) in order to find properties with the maximum potential for adding value through renovation.

Maximizing Potential

We enhance building value by reducing expenses (smart systems) and increasing revenue (additional units, parking, storage or value-added services). We also carry out in-depth market analysis to ensure our offering and marketing are aligned with what our target market want.