VisionDev looks at real estate investment differently

We target medium-sized projects (between 6-50 units), which represent the lowest per unit buy-in cost and the best opportunity to implement our “Profit with a Purpose” strategy.

+$22M

Achieved project value

Up to

55%

Reduction in energy consumption / building

+15

Years of experience

Meet the Leaders Behind VisionDev

Our Founding Partners, Léo and Cédrik, are the driving force behind the rapid evolution of VisionDev

Léo Brunet

Founder and Partner

Concordia B-School graduate, Léo is a born entrepreneur with a deep passion for the natural world. He co-founded VisionDev with university friend and fellow serial entrepreneur Cédrik Coulombe based on the observation that residential real estate could be not only a great business opportunity but also an exceptional way to defend our environment. With 15 years of experience in the real estate industry under his belt, Léo is a seasoned pro at a young age.

Cédrik Coulombe

Founder and Partner

After running a competing Student Painters franchise and a business coaching program, Cédrik, a graduate of the McGill Entrepreneurship program, approached Léo with the idea of going into business together. The two shared a common passion for real estate, advanced tech and a commitment to building projects that benefit the communities they’re located in. Together with Léo, over the last 5 years, Cédrik has built VisionDev into a respected player in the real estate scene.

Building Value. Building Communities.

VisionDev is a Quebec-based private real estate fund. We acquire, rehabilitate, upgrade and operate rental real estate properties to create sustainable value that benefits both our partners and the people in our community.

The Context

The Canadian Mortgage and Housing Corporation clearly demonstrate an important shortage of units in its 2024 report. The growing population demands for modern apartments for the modern needs.

The Opportunity

The strong demand for upgraded apartment standards creates an incalculable opportunity in existing multi-residential properties that are well located.

Focus on Mid-size

We avoid small buildings, where unit prices have surged, and larger properties, which are aggressively targeted by institutional real estate 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, partners and specialized associates. We also work with a proven circle of general contractors, engineers, lawyers, accountants, and financing partners.

Identifying Opportunity

Using our optimization-focused methodology, we identify opportunities and conduct thorough due diligence (inspection, environmental analysis, financial review, etc) in order to find properties with the maximum potential..

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 our target market.

Real Estate - The VisionDev Way

At VisionDev, we look at real estate investment differently. We target medium-sized projects (btw 6-50 units), which represent the lowest per unit buy-in cost and the best opportunity to implement our “Profit with a Purpose” strategy. We do focus on minimizing risk and enhancing returns for all projects, but we also look to invest in transforming our communities through innovative, ecologically sustainable, and technology-driven projects.

Testimonials

Green in Our DNA

Beyond just profits, we are stewards of positive change. VisionDev is committed to Environmental, Social, and Governance (ESG) principles with an emphasis on green initiatives that ensure enduring positive impacts on the environment and society.

Future Proof Portfolio

We’re investing in a highly-curated portfolio of developments that embrace concepts of smart cities, technology parks and sustainable neighborhoods to help drive lasting customer and investor value.

Empowered by Tech

Understanding transformative enabling technologies, like PropTech and AI-driven analytics, is part of what fuels our success – allowing us to push operational efficiency, reduce environmental impacts and provide an enhanced tenant experience.

Profit with a Purpose

Commitment to communities is part of our mission. We understand that by contributing to community well-being, job creation, and the establishment of sustainable spaces, we are also helping to ensure our projects generate lasting financial returns.

Building Trust Through Transparency

VisionDev prioritizes transparency, providing real-time updates, open communication channels, and a clear view into our investment strategy. We build lasting, trust-based partnerships with our investors through clear and consistent communications.

Managing Risk / Reward

Our award-winning team of real estate professionals brings a 10-year track record and a robust risk management playbook to evaluating and operationalizing every project in this rapidly changing market.

Always Learning

As a company, we’re always learning, and we actively seek out partnerships with other thought leaders in the industry and maintain our network of relationships with other industry stakeholders.

A Proven Track Record

In 5 years of operation, VisionDev has funded and managed 10 multi-unit residential projects with a total construction budget of over $5 million. We currently have 71 units under management capital for a total project value of more than $20 million.

Our Accomplished Projects