Alveo

What Alveo does

Alveo (branded "Alveo Mirabel" / "Alv\u00e9o Mirabel") is a private residential real estate development project located in Mirabel, Quebec, Canada. The project comprises 56 co-ownership condo units organized into 5 phases across 5 buildings situated along a brook, with most units bordering wooded areas. Each unit is a 2-storey condo with 2 or 3 bedrooms, an open-concept ground floor, a contemporary kitchen with an island, quartz countertops, engineered wood flooring, ceramic showers, premium soundproofing, air conditioning, central vacuum piping, a private terrace up to 20ft x 20ft, and garage plus outdoor parking. The development includes shared amenities (a gym with TRX equipment, weights, and a TV; a common room and kitchenette) and a co-ownership maintenance model that bundles landscaping and snow removal.

The project is developed by Cogir (the parent operating company) and designed by DKA Architectes (led by Roxane Jasmin). Sales are conducted exclusively through McGill Immobilier, a licensed Quebec real estate brokerage, via a by-appointment sales office at 9275 Unit 103 Boulevard de la Grande-Allée, Mirabel. Marketing is conducted through a multilingual website (French/English), Matterport 360 virtual tours, Facebook, and email registration. FTQ (F\u00e9d\u00e9ration des travailleurs et travailleuses du Qu\u00e9bec) is associated as a financial partner. Pricing is quote-based and not publicly disclosed; revenue is realized on a one-time basis at unit closing.

As of the current reporting period, Phases 1 through 4 are 100% sold out (54 of 56 units), and Phase 5 is in its final sales stage with only 2 units remaining: Unit 105 (2 bedrooms) and Unit 202 (3 bedrooms). The customer segment is individual homebuyers and families seeking modern, low-maintenance condos in a nature-adjacent setting within commuting distance of Montreal-area amenities, with Mirabel's comparatively low property tax rates cited as a recurring value proposition. No technology platform, AI capability, app, or recurring software revenue stream is associated with the project.

Name

Alveo

Legal name

Alveo

Website

https://alveomaisonsdeville.com

Company type

Private

Operating status

Operating

Short description

Alveo is a Cogir-developed residential real estate project in Mirabel, Quebec, offering 56 co-ownership 2-storey condos across 5 phases, with Phases 1\u20134 fully sold and only 2 units remaining in Phase 5. It serves individual homebuyers seeking modern, low-maintenance condos in a nature-adjacent setting, sold exclusively through McGill Immobilier.

Ownership category

akta.pro rank

Product category

Residential Real Estate

NAICS

New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531)

akta.pro primary industry

New Development / Declarant Transition Management (BPAJAHAK)

Keywords

• Residential condo development
• Co-ownership housing
• Townhouse construction
• Real estate sales
• Property development

Headquarters

HQ city

Mirabel

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Real Estate Sales: Alveo generates revenue through the sale of co-ownership condo units. The project consists of 56 units across 5 phases, with each unit being a 2-storey condo with 2 or 3 bedrooms sold as co-propriety. Revenue is realized upon closing of each unit sale.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Alveo develops and sells co-ownership condominium units at the Alveo Mirabel project in Mirabel, Quebec. The development comprises 56 two-storey condo units organized across 5 phases along a stream, offering 2 or 3-bedroom configurations with contemporary kitchens, quartz countertops, engineered wood flooring, private terraces, garages, and bundled maintenance services (landscaping and snow removal). Shared amenities include a gym with TRX equipment, common room, and kitchenette.

Product overview

Alveo is a real estate development company offering a single unified product: the Alveo Mirabel residential condo/townhouse project. This development consists of 56 co-ownership 2-storey condo units organized into 5 phases, with Phases 1-4 fully sold out and Phase 5 currently the only phase with units available (2 remaining units). Each unit features 2-3 bedrooms with contemporary finishes including quartz countertops, engineered wood flooring, and ceramic showers. The project includes shared amenities (gym, common areas) and maintenance services. The Alveo Mirabel project is developed by Cogir and sold through McGill Immobilier.

Differentiator

Problem solved

Functional benefit

Products and services

• Alveo Mirabel Condominiums

Quantifiable outcome

• Zero lawn maintenance or snow removal required

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered major and minor.

• CogirmajorStrategic or Co-development PartnerCogir is shown as the developer behind the Alveo project. Their logo appears prominently on the website indicating they are the real estate development company behind the project. Cogir is a real estate developer/operator that specializes in residential properties.
• McGill ImmobiliermajorChannel Partner/ Reseller/ DistributorMcGill Immobilier is the real estate brokerage handling sales for the Alveo project. Their logo appears as the 'Sold by' partner on the website, indicating they are the exclusive sales agent for the development.
• DKA ArchitectesminorStrategic or Co-development PartnerDKA Architectes, led by Roxane Jasmin, is credited with the architectural design of Alveo. They designed the contemporary aesthetic using sleek geometric shapes and simple materials.

Scale indicators3 records

Recent moves1 record

Expansion highlights2 records

Direct peers

• Patio Drummond: Patio Drummond is a Quebec residential developer specializing in townhouse and condominium projects in the Greater Montreal area. Comparable to Alveo in product type (townhouse-style condos) and buyer-targeting (owner-occupiers seeking modern, low-maintenance living).
• Cogir: Cogir is the developer/parent of Alveo and one of Quebec's largest residential real estate operators, building and managing condos, apartments, and retirement residences across the province. It is directly comparable as the upstream developer and brand behind Alveo Mirabel.
• Groupe Prével: Groupe Prével is a Quebec developer of mid-rise and high-rise condominium projects in the Greater Montreal area. Comparable to Alveo in product type (new-build condos sold as co-ownership units) and target buyer (urban/suburban owner-occupiers).
• Groupe Brivia: Groupe Brivia is a Quebec real estate developer focused on condominium and mixed-use projects in the Montreal metropolitan area. Comparable to Alveo as a Quebec condo developer building and selling residential units to owner-occupiers.
• Devmont: Devmont is a Montreal-based real estate developer active in residential condominium projects across Quebec. Comparable to Alveo as a Quebec condo developer targeting end-user buyers with modern, transit-oriented projects.

Regional players

• Bâtimo: Bâtimo is a Quebec-based residential real estate developer active in multi-unit housing projects outside the Greater Montreal area. Comparable to Alveo as a Quebec regional builder of new condominium inventory.
• Les Habitations Trigone: Les Habitations Trigone is a Quebec residential builder developing condominium and multi-unit projects in the Drummondville/Centre-du-Québec region. Comparable to Alveo as a Quebec regional developer of new co-ownership condo projects.

Broad incumbents

• Construction Magil: Construction Magil is a major Quebec general contractor and real estate developer active in residential and commercial builds. Comparable to Alveo as a Quebec firm capable of building and delivering new residential condominium inventory.
• Groupe Montoni: Groupe Montoni is a Quebec-based real estate developer active in residential, commercial, and industrial projects. Comparable to Alveo as a developer of new residential projects in the Greater Montreal region.

Emerging players

• Sélection Groupe: Sélection Groupe is a Quebec developer of retirement residences and residential projects. Comparable to Alveo as a Quebec residential developer operating in the multi-unit housing market, though with a focus on the senior living segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Alvéo-Maisons-de-Ville-349329315858957

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alveo