Modtera Towns Project Details

MODTERA TOWNS ON SALE NOW IN RICHMOND HILL
STARTING FROM $459,990!

Modtera Towns sets a new benchmark for modern living in Richmond Hill, where nature, luxury, and everyday convenience blend seamlessly. Ideally situated near King Rd & Yonge St, this beautifully envisioned community pairs architectural sophistication with timeless surroundings, just moments from Lake Wilcox, Gormley GO Station, Highways 404 & 400, major retailers, boutique cafés, equestrian estates, golf courses, and effortless transit. It’s a place where small-town charm meets elevated living, enriched by top-rated schools, scenic trails, and vibrant urban amenities. This is the next chapter of Richmond Hill, and it begins with Modtera.

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Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Richmond Hill is home to over 202,000 people and is forecasted to grow to over 242,000 people by the year 2031. The rise in population along with the growth of the York Region will make Richmond Hill an even more desirable city to reside in all while increasing the demand for housing.


CONNECTIVITY & EDUCATION
The city is serviced by Highways 404, 407, GO Transit and York Regional Transit – connecting you to everywhere you need to go with ease. You are also less than 30 minutes from Pearson International Airport which is Canada’s largest international airport. Richmond Hill is also close to numerous Post Secondary Education Institutions including Seneca College, Centennial College, York University, the University of Toronto and more.


HOUSING NEEDS
Richmond Hill is a part of York Region which has been experiencing tremendous growth. It is estimated that the region will need over 180,000 homes by the year 2031, but will only be able to deliver an estimated 88,500 leaving a shortage of over 91,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.


REPUTABLE DEVELOPER
At AURA Homes, we don’t just build houses—we create inspired living spaces. With a commitment to innovative design, sustainable practices, and vibrant communities, we shape environments that enhance lives. Experience the perfect balance of style, comfort, and connection—built for today, designed for tomorrow.

Modtera Towns Quick Facts*

Developer: Aura Homes
Address: 235 King Rd, Richmond Hill
Nearest Intersection: King Rd & Yonge St
Pricing: Starting From $459,990
Occupancy: Spring 2027
Number of Homes: 113
Home Types: One, Two & Three Bedroom Towns
Square Footage: 509 sq ft – 1,502 sq ft
Maintenance Fees: Approx. $0.13/sq ft per month (Includes: Building Insurance and the upkeep of common areas, surface parking // Excludes: Hydro, water, electric, garage, cable, phone, internet plus applicable taxes)
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 1.5% in 90 Days // 1.5% in 120 Days // 1.5% in 150 Days // 1.5% in 180 Days // 1.5% in 210 Days // 1.5% in 240 Days // 1% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Fee (One Bed: $4,000 // Two + Bed: $8,000), $0 Assignment, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Parking Included, $3,000 Decor Studio Credit
Features & Finishes: 9ft Ceilings Throughout, Smooth Ceilings, 5″ Plank Flooring, 12×24 Bathroom Tiles (per plan), Primary Ensuite with Glass Shower Enclosure, Main Bathroom Deep Soaker Tub, Oak Staircase on All Levels, European Inspired Kitchens, Quartz Countertops, Stainless Steel Kitchen Appliances, 5 1/2 Trim Package, 6 Appliances Including Combo Microwave Hood Fan, In-Suite Laundry, Rough In EV Charger (For Built In Garage Suites)

MIB Incentives*

Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements