Investing Together, Growing for Generations.

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Latest developments and partnerships from Almega.

Private Wealth Solutions
STRATEGY

Institutional quality
investments

Almega deploys two principal strategies, providing investors with exclusive access to ground-up development opportunities and strategic value-add property investments.

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Insights from Our
Portfolio

Institutional Quality Development
Comprehensive approach to new construction projects from land acquisition through completion, focusing on high-growth markets and strategic locations with strong fundamentals.
Strategic Property Acquisition
Strategic acquisition and enhancement of existing properties through renovations, repositioning, and operational improvements to maximize returns and create long-term value.
Enhanced Property Showcase

Industrial Meets Elegance

Toronto, ON

The site was acquired in April 2020 and successfully achieved official plan and zoning amendment approval in April 2022 for 309 units totalling 220,000 sqft of residential/commercial mixed use density. The development features a midrise building with 12 storeys fronting Sheppard Avenue West and 6 storeys fronting Cocksfield Avenue.

Explore 824 Sheppard Ave
309 Units
220K GFA
1.19 ac Site Area
824 Sheppard Avenue - Industrial Meets Elegance
Investment Section

We are committed to becoming Canada's largest residential real estate owner.

Almega Corp is a Toronto-based real estate investment and development firm focused on purpose-built rental housing and opportunistic acquisitions. With over 1,500 units in its pipeline, the firm manages $100M+ in equity and $1B in assets under development. We are committed to long-term value creation and aims to become Canada's largest residential real estate owner.
Entrepreneurial Spirit

Almega was born from a belief in bold execution and long-term vision. Our founder, Basem Hanna, brought together deep experience in real estate with the lessons learned building one of the largest cannabis companies in the world. From the start, Almega has been about moving fast, thinking big, and building things that matter. We don't wait for the perfect conditions—we find opportunity, adapt, and lead with confidence. Our team is made up of people who thrive in dynamic environments and share an appetite for ambition. Entrepreneurship isn't just how we started—it's how we operate every day.

Purpose

We believe real estate can do more than generate returns—it can create real, lasting value for communities, employees, and investors alike. That belief is built into Almega's foundation. We've restructured our company so that 10% of profits go to charities chosen by our team, ensuring that our success benefits more than just the bottom line. Our work is rooted in building long-term, high-quality rental housing—assets that serve people, not just balance sheets. Purpose at Almega isn't a marketing slogan. It's a structural choice and a cultural standard.

Growth

Almega has grown into a platform with over $50 million in equity under management and more than $1 billion in assets under development. Our portfolio includes major purpose-built rental projects across the GTA, including over 1,500 units in active development. We also operate a distressed opportunity fund that allows us to move quickly on strategic acquisitions with clear upside. But growth for us isn't just about size—it's about growing right. Every project we take on is an opportunity to raise the standard, strengthen our partnerships, and scale with intention.

Impact

We're building more than buildings—we're building a platform for generational wealth. Our long-term goal is to make Almega the largest residential real estate owner in Canada, owned by a diverse group of partners aligned around long-term value creation. Our impact is reflected in the housing we deliver, the communities we support, and the inclusive ownership model we're creating. We believe the future of real estate belongs to those who think long-term, act with integrity, and commit to impact at scale. That's what we're here to build.

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