About Us
Home Opportunities was founded by a group of dedicated professionals who strive to develop housing that is accessible to everyone and strengthens communities.
Home Ownership
Home Opportunities is founded on the principal that everyone deserves an equal opportunity to own a home. We recognize the importance of housing as a first step to financial strength, and we want to be there to help you achieve that. Our innovative model cuts both initial and monthly costs involved with becoming a homeowner and opening up the opportunity to more families and individuals. Our goal is to make home ownership possible to everyone.
We use a unique model to introduce the most affordable home ownership opportunities available on the market. The key elements to reducing our costs are; Simplified Marketing (no presentation centres & costly ads), Lower Development Costs (reasonably priced locations & simplified designs) and Reduced Condo Fees (eliminating expensive amenities & providing optional upgrades).
Lowest
Costs
Individual Guidance
Purchasing your first home can be a daunting and complicated challenge, however it's our goal to make it a simple and exciting process. It all starts with a free information session to learn more about Home Opportunities. Moving forward, you will be matched with an experienced agent that will be able to guide you through the whole process with Home Opportunities support along the way.
Home Opportunities offers an innovative down payment loan to help you qualify for a mortgage that eliminates mortgage insurance fees. Purchasers are required to come up with 5% of the downpayment and then they will be eligible for down payment loans up to 15%. This specialized loan allows purchasers to save thousands on the cost of a home. These loans are only required to be repaid when you rent or sell your unit - this means as long as you live in your unit the loan will not have to be repaid.
Down
Payment Help
How it Works
Interested in taking the next step towards becoming a home owner? Here's a look a step-by-step look at how Home Opportunities can make that happen.
1
Free Info Session
2
Get Matched with an Agent
3
Reserve your Unit
4
Sign Purchase Agreement
5
Get Mortgage Approval
6
Watch Construction Updates
7
Interim Occupancy
8
Closing - You're a Homeowner!
Why we're here.
Vision
The future we want.
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We are working towards a world where home ownership is possible for all communities across the globe, supporting economic development and reducing poverty.
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Mission
How we're getting there.
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1. Develop high quality homes that households are proud to own.
2. Providing innovative lending that gives low income families a chance to own.
3. Working with factory production systems that allow us to increase our capacity to build.
Purpose
Why we're doing it.​
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1. Give individuals and families the opportunity to own despite difficult financial, and other situations.
2. Promoting sustainability through all our practises so that we can continue to grow the economy for generations.
3. Creating a safe environment for our children to grow up in.
Meet the Team
Founder & CEO
Mike Labbe
Michel (Mike) Labbé, MSM, is an Urban and Regional Planning Graduate from the University of Waterloo. He has been involved in the production of affordable housing for 45 years.
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Originally working on subsidized non-profit rental projects with Lantana Non-Profit for 13 years, then after a trip to South Africa and the disappearance of government grants in Canada in 1992, Mike founded Options for Homes to focus on ownership. As President and CEO of Options For Homes, Mike was instrumental in developing a model that provided mixed income housing to thousands of households. Under Mike's leadership, Options for Homes became a leading organization in the social enterprise movement and provided homes to over 6,500 households across Canada. In 2015, Mike shifted his focus to Options International to implement the model globally - reaching over 22 countries.
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Since 2017, when Mike founded Home Opportunities, he has dedicated his time to this new cost-effective home ownership model using his knowledge built over the years. This model further refines his work on affordable homeownership, serving households with incomes as low as $35,000 without the requirement of subsidies and grants.
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Mike has been honoured for his work over the years as an Affordable Housing Champion by the City of Toronto in 2010, the Canadian Urban Institute Local Hero Award in 2008, and most notably, a recipient of a Meritorious Service Medal (MSM) from the Governor General of Canada in 2016.
Consulting Committee
Peter Cameron
Peter is President of Community Wealth Co-operative. He was the Ontario Co-operative Association (OCA) Co-operative Development Manager from 2011 to 2023, where he provided consulting and advisory services to both new and existing co-operatives. He was on the founding Board of Silverwood Housing Co-op. Since 2023, he went into semi-retirement, and now works with Home Opportunities and Community Wealth Co-operative to develop a Co-operative Home Ownership sector in Ontario and Canada wide.
Project Development Team
Carol Jamieson
Carol has been developing housing in Ontario since 1994, first as Ontario VP for the Aragon Group where she developed 5 City of Toronto and GTA communities. Following that, Carol ventured into senior housing with Sunrise Senior Living and developed communities in Markham, Oakville, Burlington, Aurora and Richmond Hill as well as 3 communities on the West Island of Montreal. For MTCO, she developed Senior projects in Barrie, Bowmanville and Collingwood.
Carol joined Home Opportunities Non-Profit to work on Affordable Housing in 2021.
Cohousing Advisor
Kristopher Stevens​
Kristopher is a community builder focused on advancing a more sustainable future for his son, family, friends and the people of Canada. He has more than 20 years experience working on energy, housing and other social impact and policy initiatives. He currently serves as the Executive Director of Cohousing Options Canada, Sustainability & Innovation Advisor for the Canadian Union of Skilled Workers, a Consultant & Director of Roots to Roofs Community Development Society, President of Smart Net Coalition Board and a Director of the Aboriginal Skilled Workers Association.
Project Development Team
John Farley
John is currently a Development Consultant working with Home Opportunities. For the past 15 plus years, he has been involved in the planning, and development of numerous market affordable homeownership communities throughout Ontario utilizing the Achievable Homeownership™ Model developed by the founder of Home Opportunities.
Consulting Committee
Lien Maddison
Lien is a Scrum Master, with over 30 years of experience as a project and portfolio manager, finance and operations director with a demonstrated history in affordable housing developments. Skilled in Nonprofit Organizations, Facilities Management, Manufacturing, Budgeting, Team Building, Management.
Consulting Committee
Patrick Sheils
A seasoned Financial Services Executive, Patrick brings a business and capital market lens to stakeholder relationships fueled by his engagement and commitment to the intersection of the public & private sectors. These skills and focus are critical in housing, where Patrick's 30 years of financial services experience from bank executive to Vice Chair of Infrastructure Ontario help him with varied approaches to risk mitigation and ultimately innovative multi-stakeholder wins.
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