A multiple use, light weight, cost-effective, indoor and all-weather outdoor construction toy for stimulating children's imaginations and encouraging physical activity comprises a basic modular unit with open ended cup-like coupling-means on its perimeter for male to female coupling and decoupling to other couple-able units, is described. The coupling-means may be molded as an integral part forming one seamless basic unit. The open bottom end of the coupling means provides for coupling, the open top end prevents the buildup of snow inside the coupling unit. Coupling can be achieved via coupling-means on basic units to each other or through the use of accessory independent coupler-units. The basic unit of the modular toy may be in the form of a saucer, disc, an oval, or in a rectilinear-shape for use as a sled, skiing device, a flotation device, or as fort building modules. Additional accessory parts include skis and inner-tubes, for example.