How it


What do I actually own?

You co-own the suite you live in, and you can stay there as long as you want. If you decide to move, you can do so easily, and with only 75 days' notice.

Key's innovative model saves the hassles and a minimum of 6% of the costs involved with buying and selling traditional real estate.


Where does Key operate?

We launched our Beta Program in Toronto in December, and our first Owner-Residents now call their Key suites home.  Longer-term, Key is creating buildings from the ground up in Toronto. Everyone living in these Key communities will be an Owner-Resident.


Are the suites RRSP eligible?

If you're a first-time buyer, you may access your RRSP for the $15k.


What’s stopping other investors from buying units and renting them at a higher rate?

Our strict social policies ensure that Key Suites do not become secondary income properties for people simply looking to buy in order to rent out. Everyone who lives in a Key building is an owner-resident, like you.


What’s the minimum initial contribution if I want to move in?

It only takes 15K or 2.5% of the suite's value to become an owner-resident.

So, if you're interested in living in a suite valued at $600,000, your initial home equity investment would be $15,000. If the suite is $500,000, your initial investment would be even less ($12,500). And you don't need to commit to a mortgage.


Can I contribute more to start?

Absolutely. And the more home equity you own, the less you pay to live in your gorgeous suite each month.


Does my monthly payment add to my equity?

Yes. $50 of your monthly payment will go towards growing your equity in Key. The rest of the monthly payment covers important things like maintenance costs, shared building expenses, and property taxes.


Can I contribute more on a monthly basis?

Yes, and we encourage it. You can roll in a monthly contribution, adding it to your monthly payment. Even a little extra each month goes a long way over the years.

Try our home equity calculator to see how adding to your equity impacts your monthly payment.


Are dogs allowed?

Only the cute ones. So…all dogs, yes.


What does my monthly residency payment cover?

Since you own a portion of the suite, the monthly payment covers rent for what you don't yet own. The majority of this payment covers the typical costs of living in your home -- important things like maintenance costs, shared building expenses, most of the utilities, and property taxes. The amount you pay is reduced based on your initial investment. Each time you invest more equity, your monthly residency payment is reduced.


How does Key make money?

Key makes money a few ways. First, we're building equity in the real estate, just like you. We will also make money through professional property management and by driving greater efficiencies in how the suites are managed. Plus, Key is developing a digital exchange and curated marketplace that will benefit our owner-residents.


Do you have suites available now?

Yes. We launched our Beta Program in December and our first Owner-Residents now call their Key suite home.  are moving in now. Our next suites will be launching at the end of the summer, you can check out the Available Suites in the menu at the top of our site or join our waitlist to be the first to know.

Learn more about building home equity with Key.