There are over 1,000 condo developers in Toronto and the GTA, and at the end of the day they’re all offering pretty much the same thing. It can make it difficult to know which developers to trust and which to watch out for. To help you with that, here is our list of the 5 top condo developers in Toronto.*
5 Top Condo Developers in Toronto
Tridel was founded in the 1930s. They have built 171 condo buildings in Toronto and the GTA, including select townhome communities. Considered an industry leader, they have won BILD awards for Home Builder of the Year and Green Home Builder of the Year, as well as Home Builder of the Year from the OHBA awards. Of course, trophies aren’t everything.
Tridel is committed to building quality condos in Toronto that are environmentally responsible. Let’s say that they do their best to minimize the environmental impact of their buildings and communities. That is better than doing nothing. As a LEED® certified builder, “a typical Tridel building consumes 34% less electricity, 57% less natural gas and 43% less potable water than a Model Reference Building.” That’s from their website.
Tridel is also getting into smart-home technology and building design. One of their newest projects, Ten York, was designed with TridelConnect, allowing residents to control their home with the convenience and security of their phone. The building showcases smart-home condo tech from entering your unit, letting people into the building, and receiving parcels in an automated delivery system.
Learn more about Tridel
Great Gulf has been building homes since 1975 and in recent years they’ve gained a reputation as a “wow factor” condo developer in Toronto. Case in point, their 75-storey building One Bloor at the Yonge-Bloor intersection. In their quest to “Live Greatly,” they have 21 condo projects across the city, winning them BILD’s Home Builder of the Year award in 2018.
Great Gulf has built projects in many of Toronto’s top neighbourhoods such as The Saint James in the St. Lawrence Market area, Charlie in the King West Entertainment District, The Morgan at the corner of Richmond and Spadina, and 18 Yorkville in the boutique Yorkville area. Their older buildings, registered before 2010, tend to be low and mid-rise projects with larger floor plans. Their newer projects have mostly been high-rise towers, such as X and X2 Condos, featuring more studio and one-bedroom units.
Great Gulf has also established itself in the Waterfront neighbourhood with Monde Condominiums at Lake Shore Boulevard East and Lower Sherbourne.
Learn more about Great Gulf
The Daniels Corporation is one of our favourite condo developers in Toronto. Daniels has been committed to building vibrant community-focused projects for over 35 years. They were launched into the spotlight when they partnered with Toronto Community Housing to revitalize the Regent Park neighbourhood with an emphasis on creating new, energy-efficient, lower-income rental units. Daniels designed the community around the Daniels Spectrum, an Arts and Cultural Centre, Aquatic Centre, and community park.
Daniels has an interest in weaving arts and culture into their residential projects. Outside the Regent Park area, they built Festival Tower on top of the TIFF Bell Lightbox Theatre, as well as Cinema Tower, roughly around the corner in the Entertainment District.
Daniels plans, designs, develops, builds, and manages all of their residential projects, and they are environmentally conscious in their construction process. Daniels is also a leader in urban food initiatives, incorporating farmers’ markets and urban gardens into their projects.
Learn more about Daniels Corporation
With 40 years of experience creating high-quality projects, Alterra is a hands-on condo developer in Toronto that builds, develops, and markets all their projects themselves. They have 10 projects across the GTA, Brampton, and Burlington, with most projects in downtown Toronto.
Alterra has done really great work with maintaining heritage elements of pre-existing buildings in new projects to match the established atmosphere of the neighbourhood. Two projects that stand out are 36 Hazelton in Yorkville and Post House in the St. Lawrence Market neighbourhood. The former is 7-storey boutique residence on a tree-lined residential street, the latter is a 22-storey tower overlooking the busy intersection, and Alterra brought a high standard of quality from hardwood to appliances to both projects.
Learn more about Alterra
With just eight buildings in the GTA, CentreCourt Developments is a smaller player, but still a strong condo developer in Toronto. CentreCourt focuses on building high-rise projects with a high number of one-bedroom condos available. The majority of their buildings feature unit floor plans under 1,000 SQFT, such as Peter Street Condos and Grid Condos in downtown Toronto. This tends to mean that CentreCourt’s building have a high volume of rental units, which is valuable in Toronto’s rough rental market.
CentreCourt is also focused on building projects near major transit networks and subway stations and other urban amenities like exciting downtown bars and restaurants. Last year, the company launched Transit City Condos, a multi-tower project build around the Vaughan Metropolitan TTC station. There was a lot of demand for Transit City, and the future phases are expected to have similar demand.
Transit City really put CentreCourt on the map as a developer to watch. It’s a bold, forward-thinking project that is invested in the growth of Vaughan and the local community. Another project to watch from CentreCourt is Prime Condos in the Jarvis Street Garden District. This project has 576 condos for sale with a preference for one-bedroom units.
Learn more about CentreCourt Developments