Richmond Hill, ON · Townhouse

Modtera Towns

SellingFrom $399,990 to $823,990

A closer look at Modtera Towns.

Home type: Townhouse
Price range: From $399,990 to $823,990
Bedrooms: 1 – 3
Bathrooms: 1 – 2.5
Interior size: 509 – 1,502 ft²
Estimated occupancy: 2027

Modtera Towns is a pre-construction home community by Aura Homes. Occupancy is scheduled for 2027. The home collection includes townhomes. Recorded home designs include bungalow and three-storey layouts and one-car garages. Current inventory includes 8 available floor plans ranging from 509 to 1,502 sq. ft. Current prices range from $399,990 to $823,990.

Project information

235 King Road, Richmond Hill, ON

2027

By Aura Homes

Townhouse

Request pricing & availability

416-910-8923 Request pricing

Pricing, deposit & incentives

Pricing and fees

Available unit price: From $399,990 to $823,990
Average price / ft²: $606
Maintenance / ft²: $0.15 / sq.ft.
Includes: Building Insurance and the upkeep of common areas, surface parking, Rogers Internet.
Excludes: Hydro, water, electric, garage, cable, phone, internet plus applicable taxes.
Parking: Additional Parking Space $20,000 + HST
Development charges: $4,000 (One Bedroom) $8,000 (Two+ Bedroom)

Deposit structure

Deposit payment schedule
When	Amount
On Signing	$5,000
In 30 days	Balance to 5%
In 60 days	1.5%
In 90 days	1.5%
In 150 days	1.5%
In 210 days	1.5%
In 240 days	1.5%
In 270 days	1.5%
On Occupancy	1%
Total deposit	15%

(14% + 1%)

Recorded incentives

Special Incentives & Bonuses
- Free Assignment
- Free Maintenance Fees
Development Charges
- $4,000 (One Bedroom)
- $8,000 (Two+ Bedroom)

Confirm current incentives

Historical pricing trajectory

Recorded $/sq ft history

Launch PSF

$665/ft²

Jun 25, 2025

Latest PSF

$606/ft²

As of May 8, 2026

Net change

$-59/ft²

-8.9% overall

Recorded date	Avg. $/ft²	Change
May 8, 2026	$606/ft²	$-62 (-9.3%)
Nov 18, 2025	$668/ft²	+$3 (+0.5%)
Jun 25, 2025	$665/ft²	—

Recorded unit mix

Pricing & size by bedroom

Suite type	Plans	Size (ft²)	Price range	Avg. $/ft²
1 Bed(13%)	1	509	$400K	$786
2 Bed(75%)	6	803–1,502	$596K–$819K	$584
3 Bed(13%)	1	1,474	$824K	$559

Floor plans (8)

Compare home designs at Modtera Towns. Open a plan to explore its layout, dimensions and recorded pricing.

Forma

For sale

1 beds
1 baths
509 ft²

$399,990

View floor plan

Zenith

For sale

2 beds
2 baths
803 ft²

$595,990

View floor plan

Alto

For sale

2 beds
2.5 baths
1,396 ft²

$782,990

View floor plan

Prima

For sale

2 beds
2.5 baths
1,396 ft²

$785,990

View floor plan

Lumen

For sale

2 beds
2.5 baths
1,477 ft²

$812,990

View floor plan

Strata

For sale

2 beds
2.5 baths
1,502 ft²

$814,990

View floor plan

Floor plans and pricing are set by the developer and subject to change without notice.

LOCAL MARKET INSIGHTS · SEP 2026

The market around Richmond Hill.

City-wide resale snapshot · CAD

Understand the existing-home market alongside your new-home search. These completed-month observations cover the provider’s Richmond Hill geography across all property types. Builder prices and availability need a separate, current quote.

Median sold price: $1,070,000
Recorded sales: 165
Active listings: 1,029
Listing days: 37 days

Compare the home and ownership type

Use the matching resale category as context for size, location and ownership costs. Townhome ownership is unconfirmed, so both resale categories are shown.

Sep 2026 · Richmond Hill · resale references for this project’s recorded categories
Property type	Median sold	Annual change	Sales	Active listings	Monthly rent
Freehold townhomes	$1,020,000	-4.3%	30	117	$3,45049 recorded rentals
Condo townhomes	$688,000	-9.1%	14	64	$2,92525 recorded rentals

What this means for your search. Compare a similar home type first, then account for floor area, age, parking, maintenance fees and the future closing date. Changes in a monthly median also reflect which homes sold; they do not measure same-home appreciation. Recorded rents are historical resale observations, not projected rent for this development.

Full Richmond Hill market insights Compare neighbourhood markets

Explore price and rental history, sales activity, property-type filters and community comparisons in the full market report.

HouseSigma supplied aggregate export, captured 2026-10-24. Latest completed month: Sep 2026. Sale medians and annual price comparisons require at least 5 sales in each relevant month; rents require 5 rentals. Missing observations stay unavailable. These are resale figures, not project sales, appraisals or forecasts. Sources & methodology

Brochures, price lists & files

Project documents & portals

Access recorded brochures, floor plan packages, price lists, site maps and historical releases for Modtera Towns.

Google Drive Portal Archive Folder

Brochure — Modtera Towns

PDFUpdated Dec 4, 2025

Floor Plans — Modtera Towns

PDFUpdated Dec 4, 2025

Renderings

Drive FolderUpdated Dec 4, 2025

Features — Modtera Towns

PDFUpdated May 8, 2026

Features & Finishes — Modtera Towns

PDFUpdated May 8, 2026

Incentives — Modtera Towns — May 2026

PDFUpdated May 8, 2026

Price List — Modtera Towns — May 2026

PDFUpdated May 8, 2026

Historical documents & past releases (7)Show archive +

Incentives — Modtera Towns — June 2025

Archived Dec 4, 2025

Price List — Modtera Towns — June 2025

Archived Dec 4, 2025

Deposit Structure — Modtera Towns — November 2025

Archived May 8, 2026

Price List — Modtera Towns — November 2025

Archived May 8, 2026

Brochure — Modtera Towns — November 2025

Archived Dec 4, 2025

Floor Plans — Modtera Towns — November 2025

Archived Dec 4, 2025

Floor Plans — Modtera Towns — May 2026

Archived May 8, 2026

Project details

Building & property details

Selling status: Selling
Construction status: Preconstruction
Storeys: 3
Floor plans: 8

Launch & timeline information

Launch / sales date: 2025-06-25
Launch price range: $458,990 - $899,990
Launch PSF average: $665/sq ft
Avg. price / ft²: $606/sq ft
Estimated completion: 2027

Additional information & categories

Low rise types: Townhouse

Developed by

Aura Homes

Explore the developers behind Modtera Towns. Team Arora provides independent guidance to help you compare home designs and confirm current pricing, availability and purchase details.

Request pricing & availability

Our team is here to help

Ask Team Arora about pricing, availability and incentives at Modtera Towns. We’ll help you compare the options and confirm the details with the builder.

Personalized help
Dedicated pre-construction experts to guide you, answer questions and help you choose the right plan.
Pricing & incentives
Understand recorded pricing, deposit schedules and the incentives to confirm with the builder.
Floor plans & brochures
Request available layouts and project materials to help you choose your next home.