A completed mid-rise residential building at dusk, its windows lit

Know the return
before you break ground

DevYield models density, budget, financing, cash flow and the investor waterfall in one connected engine — so every decision is underwritten to the dollar.

Built on real Canadian development rules.

LEVERED IRR18.7% EQUITY MULTIPLE2.16x DEV. YIELD5.59% S&U VARIANCE$0.00

One connected model.

Density, costs, fees, financing, cash flow and returns — change any assumption and every number downstream recomputes, reconciled to the dollar. No brittle spreadsheets. No re-linking the debt tab.

  1. 01Model the buildingFloor-by-floor uses, a per-suite price grid, lease-up curves and ancillary income.
  2. 02Structure the dealBudget, fees and taxes, then land, construction, mezzanine and equity — with CMHC MLI Select built in.
  3. 03Return the capitalA monthly cascade that balances to zero, then tiered waterfalls down to every partner's ledger.
The product

Every screen, one model.

Try it. This is the app, running a fictional 278-suite rental. Click the tabs, scroll the tables, hover the charts.

app.devyield.ca · interactive demoOpen full screen ↗

Schedule — milestones chained by dependency; move one and everything downstream follows. Hover the bars, or drag across the timeline to measure.

Modules

From land to disposition.

Every module feeds the next, so a change to rents, costs or timing ripples straight through to returns.

  1. 01 · ModelDensity & revenueStacking plan by floor, suite types, a per-suite price grid with room-by-room rentals, lease-up curves and ancillary income.
  2. 02 · BudgetCosts, fees & actualsHierarchical budget with six spreading methods, named anchor budgets, and cost-to-date synced from Jonas Premier.
  3. 03 · StructureThe capital stackLand, construction, mezzanine, equity and permanent debt on live rates — sized by amount, LTC or gap-fill, with CMHC scoring.
  4. 04 · AnalyzeCash flow & waterfallMonthly sources and uses that reconcile to zero, multi-level waterfalls, partner cash flows, sensitivity and version compare.
  5. 05 · OperateRent roll & occupancyImport your property manager's rent roll, compare it suite by suite, and apply only the rows you approve.
  6. 06 · PortfolioFunds & reportingRoll projects into funds with management fees and combined budgets; export PDF reports and Excel with live formulas.

Your AI can drive it. A REST API and a hosted MCP server let Claude re-time a schedule, stress rents or reconcile a rent roll — and the whole model follows.

Agent APIREST · /api/v1
MCP serverHosted · OAuth
WritesDry-run first, every change tracked
Safe experimentsDuplicate a scenario, compare the deltas
claude · devyield-mcp

re-time construction start +2 months

devyield_set_milestones · 38 dates moved

recalculate the pro forma

cascade reconciled · model checks pass

what's the levered IRR now?

18.2% → 18.7% · equity multiple 2.16x

Built for Canada

Built on the real rules.

Not approximations — the fee schedules, taxes, rates and lender programs Canadian developers actually underwrite to.

  1. 01Land transfer taxOntario brackets, municipal surcharges included
  2. 02Development chargesBy municipality and by use
  3. 03Permit & planning feesTimed to your milestones
  4. 04CMHCMLI Select and ACLP scoring
  5. 05Live ratesBoC · CORRA · CMB · GoC
  6. 06Lender updatesFirst National, ingested

Bring a live deal. We'll show you the return before the call ends.

  • 30-minute working session
  • Your project, modeled live
  • For developers, funds and capital partners

We reply within one business day. Your details are used only to answer this request.