About the project
Modtera Towns is a modern pre-construction townhouse community by Aura Homes located at 235 King Road in the growing city of Richmond Hill. This boutique development will feature 113 thoughtfully designed homes, including two-storey terrace towns and garden bungalows.
The project offers 1, 2, and 3-bedroom homes ranging from 550 to 1,500 square feet. These homes are designed for modern living. They combine smart layouts with stylish finishes. As a result, buyers can enjoy comfort, functionality, and contemporary design.Every suite at Modtera Towns will include 9-foot ceilings, premium flooring, and open-concept layouts. The kitchens will feature European-inspired cabinetry, quartz countertops, and integrated appliances. These elegant features create a sophisticated living space that fits today’s lifestyle.
In addition, the community focuses on energy-efficient design and future-ready living. Select homes will include EV charger rough-ins, which support sustainable transportation options.The location is another key highlight. Residents will have quick access to Yonge Street, Highway 404, and Highway 407. Commuters can also travel easily from King City GO Station, which connects to downtown Toronto.
Furthermore, the community is surrounded by parks, trails, and everyday amenities. Shopping destinations such as Hillcrest Mall are just a short drive away. Because of this, residents can enjoy both urban convenience and a peaceful lifestyle close to nature.Overall, Modtera Towns offers a balanced lifestyle in one of the most desirable communities in the Greater Toronto Area.
Reasons to Buy Modtera Towns
Prime Location in Richmond Hill
Richmond Hill is one of the most desirable cities in the Greater Toronto Area. The city offers excellent schools, parks, and shopping centres. In addition, it has strong real estate demand and long-term growth potential.
Strong Investment Opportunity
Richmond Hill continues to attract families and professionals. Because of this steady demand, property values have shown consistent growth. Investors can benefit from long-term appreciation and strong rental demand.
Excellent Transportation Access
Modtera Towns is well connected to major transportation routes. Residents can easily travel using Highway 404, Highway 407, and Yonge Street. In addition, King City GO Station offers convenient public transit options.
Modern Design and Quality Features
Homes at Modtera Towns are designed with modern buyers in mind. Open layouts, stylish kitchens, and premium finishes create comfortable living spaces. As a result, homeowners can enjoy both luxury and practicality.
Nature and Outdoor Lifestyle
The community is surrounded by beautiful parks, forest trails, and golf courses. Residents can enjoy outdoor activities while still living close to city amenities.
Ideal for Families
Richmond Hill is known for its family-friendly environment. The area offers quality schools, childcare centres, community parks, and recreational facilities.
Attractive Entry Price
Homes at Modtera Towns are expected to start from the mid-$400s. Therefore, buyers have a rare opportunity to enter the Richmond Hill market at a competitive price.
Limited Boutique Community
The development will include only 113 homes. Because of this limited supply, buyers may benefit from stronger long-term property value.
Deposit Structure: 20% Deposit
Incentives
Purchasing a home at Modtera Towns comes with several attractive incentives designed to make ownership more accessible and rewarding. These limited-time offers provide excellent value for early buyers and investors.
Available Incentives
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Capped Development Charges
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1 Bedroom: $4,000 Cap
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2 & 3 Bedrooms: $8,000 Cap
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$0 Assignment Fee
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1 Parking Space Included
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$3,000 Décor Studio Credit
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Buyer-Friendly Deposit Structure
These incentives help reduce upfront costs and allow buyers to customize their new home while protecting their investment.
Deposit Structure
The deposit structure for Modtera Towns is designed to be flexible and convenient for buyers purchasing during the pre-construction phase.
Deposit Schedule
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$5,000 on Signing
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Balance to 5% within 30 Days
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1.5% every 30 Days (up to 270 Days)
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1% at Occupancy
Total Deposit: Approximately 19.5%
This structured payment plan allows buyers to spread their deposit over several months, making it easier to secure a property while managing finances comfortably.
- Property ID 16355
- Price Price on call
- Property Type Pre Construction New Townhomes
- Property status TBA
- Label Coming Soon
- Building Type Townhouse
- Suites 113
- Suite Type 1, 2 & 3 Bedroom(s)
Location
Walk Score
- 71 Walk Scores Very Walkable View more
- 42 Bike Score Somewhat Bikeable View more
Address
- Country: Canada
- Province / State: Ontario
- City / Town: Richmond Hill
- Neighborhood: Oak Ridges
- Postal code / ZIP: L4E 2W2
About the Builder
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