Projects
Active Investments
A growing portfolio of impact-aligned real estate assets across the National Capital Region.
Workforce Housing
Workforce Housing Funds I–IV
Gatineau, QC
We acquire naturally occurring affordable housing in transit-connected, walkable neighbourhoods — preserving long-term affordability through smart financing and sound management, while driving meaningful sustainability improvements and lowering operating costs.
⬡ Impact
Investing in naturally occurring affordable housing while decarbonizing buildings and implementing sustainability improvements. Units are preserved as affordable in accordance with CMHC MLI Select requirements, protecting access to below-market housing.
Purpose-Built Rental
163
Units
2029
Est. Completion
30 Cleary
Ottawa, ON
A 163-unit purpose-built rental rising in Ottawa's Westboro neighbourhood, directly across from the LRT and overlooking the Ottawa River. Developed in partnership with the First Unitarian Congregation of Ottawa, the project is expected to be completed in 2029.
⬡ Impact
Delivered in partnership with the First Unitarian Congregation of Ottawa, with CMHC ACLP commitments on affordability, energy performance, and accessibility. The project also enables an adjacent Indigenous affordable housing development, with Theia serving as development manager for Ottawa Aboriginal Housing Services (OAHS), which will own the completed building.
Master-Planned Community
1.5M
Sq Ft Target
2030+
Target Completion
418-434 Montreal Road
Ottawa, ON
A master-planned redevelopment of the historic Filles de la Sagesse mother house in the heart of Vanier — transforming a long-standing institutional campus into a complete, connected and sustainable community. The plan targets approximately 1.5 million square feet of mixed-use density while preserving the 1908 red-brick convent and chapel. The project is currently advancing through rezoning and an Official Plan amendment.
⬡ Impact
Honouring the legacy of Les Filles de la Sagesse — educators, health-care pioneers and founders of Montfort Hospital — by retaining heritage buildings and weaving the site's francophone history into its streets, public spaces and community life. The plan is guided by five principles: social connection, sustainability, healthy living, storytelling, and the culture of Vanier.
District Energy
District Energy Projects
Ottawa – Gatineau
Theia develops, owns and operates low-carbon district energy systems that heat and cool entire communities — including Zibi Community Utility and LeBreton Community Utility.
See Theia's District Energy Projects →
