Most development projects
fail before the first shovel.
Missed development charges, underestimated construction costs, and invisible financing expenses are the leading cause of project failure at the feasibility stage. LandVault gives you the real numbers before you commit.
Three costs that kill projects at the feasibility stage
These aren't rare surprises — they're the predictable result of skipping proper feasibility analysis.
Development charge shock
DC fees in the Greater Toronto Area average $80,000–$140,000 per unit. Most early feasibility models either miss them entirely or use rates that are one cycle out of date.
Approval timeline blindspot
Site plan approval in Toronto averages 18–24 months. Two years of land carrying costs and construction financing charges can erase a project's entire projected margin.
Construction financing gap
A $2 million construction loan at 6.5% costs over $130,000 per year in interest alone. Most project budgets leave the financing line blank until it's too late.
Four stages every project needs to model before breaking ground
Each stage has a tool. Start at 01 — come back as the project advances.
Cost Feasibility
Hard construction costs calibrated to local benchmarks, development charges, soft costs, and contingency — before you buy land.
Due Diligence
Verify the actual DC schedule for your city. Track construction cost movement in your market so your inputs are current.
Approvals Planning
City-by-city permit and site plan approval timelines. Model the carrying cost of each stage before you start the clock.
Construction Financing
Monthly draw schedule with construction loan interest. See the true all-in project cost — downloadable as Excel.
Tools for every stage
Project Cost Estimator
Full Class 3 estimate — hard construction costs calibrated to current BCPI benchmarks, development charges for your city, soft costs (15%), and contingency (10%). Includes a printable PDF report.
Start Estimating →Development Charges Explorer
DC schedules for 32 municipalities across BC, AB, SK, ON, and NS. Filter by province and dwelling type. Compare cities side-by-side.
Explore rates →Construction Cost Index
Statistics Canada BCPI for 15 Canadian cities. Track residential and commercial construction cost trends by city and building type.
View index →Permit Timeline Tracker
City-specific approval timelines from pre-application through occupancy certificate. Enter your land cost to calculate the carrying cost of each approval stage.
View timelines →Cash Flow + Financing Model
Monthly draw schedule with construction loan interest calculation. See the true all-in project cost including financing — exportable as an Excel workbook.
Model your project →