Key

Key is a Canadian real estate technology company founded in 2021, offering an all-digital, on-demand homeownership platform.

It provides a co-ownership model designed to make homeownership more accessible, allowing participants to become Owner-Residents with a low down payment of just 2.5-5%. This innovative approach enables individuals to build equity from day one, without the need for a full mortgage or a large down payment. The platform facilitates collaboration between Property Owners and Owner-Residents, managing background checks, payments, and property management through a seamless app. Key's model emphasizes transparency, predetermined purchase prices, and a clear path to full ownership within a five-year term. It also offers benefits such as a CMHC-backed program, optional co-financing, and flexibility for residents to exit after one year with their equity and appreciation. Key targets families and aspiring homeowners, particularly in markets like Vancouver, and aims to address the challenges of rising rents and home prices.