The 10 Biggest Real Estate Companies in Canada

Toronto

Canada’s real estate industry is experiencing significant growth and transformation, driven by innovation, sustainability, and its continued economic contributions. With over 300,000 people employed in the sector, it plays a vital role in reshaping both urban and suburban landscapes, contributing to the country’s economic stability.

This guide highlights the biggest real estate companies in Canada, their key projects, and the trends that are shaping the future of the industry.

Key Insights and Trends in Canada’s Real Estate Industry

  • Sustainable Development: Leading companies like Brookfield Properties and Concord Pacific are driving sustainability in real estate. For example, Concord Pacific integrates LEED-certified designs in its projects to promote energy efficiency and eco-friendly practices.
  • Surge in Commercial Real Estate: The commercial real estate sector saw investments surpass $50 billion by 2023. Particularly, the industrial sector experienced a 40% increase in activity, driven by the growing demand for warehousing and logistics spaces.
  • Economic Impact: The real estate, rental, and leasing sector continues to be a significant contributor to Canada’s economy, employing over 300,000 people and driving job creation.

Recent Industry Updates

  • Toronto’s Skyline Evolution: In 2025, Brookfield Properties unveiled a transformative mixed-use development in downtown Toronto, incorporating the latest in sustainable technology.
  • Affordable Housing Initiatives: Companies like Concord Pacific are launching new projects aimed at providing more affordable housing in major urban centers such as Vancouver and Montreal.
  • Tech Integration in Real Estate: Canadian real estate companies are incorporating AI and smart technology to enhance operational efficiency and elevate the customer experience, setting new benchmarks in the industry.

By exploring these developments and trends, it’s clear that Canada’s real estate industry continues to evolve, balancing sustainability with cutting-edge innovation. For a deeper dive into top real estate opportunities, visit Monsef Properties.

1. Concord Pacific

Founded by Terry Hui, Concord Pacific has solidified its position as one of the biggest real estate companies in Canada for 2025. Not only a dominant force in the Canadian market, Concord Pacific has also extended its reach into international real estate ventures.

A Proven Track Record of Excellence

  • Impressive Portfolio: Concord Pacific has completed over 150 residential and mixed-use projects, with an additional 50 developments currently underway.
  • Headquarters: Based in Vancouver, the company is synonymous with iconic urban developments that reshape city skylines.
  • Diverse Investments: Beyond real estate, Concord Pacific has diversified into telecommunications, solar energy, and renewable energy, reflecting its commitment to sustainability across its ventures.
  • Sustainability Focus: Known for integrating green energy initiatives, the company ensures that its developments meet or exceed the latest sustainability standards. Concord Pacific’s communities are often described as “skyline-defining” for their architectural and environmental significance.

Notable Projects by Concord Pacific

  • Concord Pacific Place: A sprawling mixed-use development in Vancouver, setting new benchmarks for urban living.
  • Central Condominiums: A unique blend of design and functionality, located in the heart of Vancouver.
  • King’s Landing: A luxurious waterfront project recognized for its world-class amenities.
  • Park George II: A forward-thinking residential complex with integrated smart technologies.
  • Galleria: An art-inspired community offering a vibrant mix of residential and commercial spaces.

 

 

2. Onni Group

For over 56 years, the Onni Group has been a prominent name in the Canadian real estate landscape, earning its reputation through high-quality developments and innovative urban planning. Recognized for its top-tier commercial properties and luxury condo homes, Onni has successfully delivered over 15,000 residential dwellings across North America.

Proven Expertise and Strategic Presence

With its roots in Canada, Onni Group has expanded its footprint to key regions across North America, including offices in Vancouver, Toronto, Seattle, Los Angeles, and British Columbia. This geographical reach underscores the company’s ability to adapt to diverse market dynamics while maintaining local expertise.

Commitment to Sustainability and Design

Onni Group’s vision revolves around crafting world-class urban communities characterized by innovative design, creativity, and a focus on sustainability. The company integrates:

  • Green architecture principles to reduce environmental impacts.
  • Energy-efficient technologies that enhance building performance.
  • Locally sourced materials, reflecting their commitment to supporting local economies.

This approach not only minimizes the ecological footprint of their projects but also enhances the longevity and value of their developments.

Notable Projects by Onni Group

  • Riva: A vibrant residential community blending contemporary design with waterfront living.
  • Cambie Gardens: An urban oasis featuring smart technology and sustainable practices.
  • Fortune at Fort York: A landmark project in Toronto, offering a mix of luxury and modern living.
  • Gilmore Place: A large-scale mixed-use development that redefines urban convenience. Onni
  • Atria West: A commercial masterpiece showcasing Onni’s versatility in real estate development.

Recent Developments

In 2024, Onni Group has continued to expand its portfolio with several significant projects:

  • Seattle Residential Towers: After pausing its office redevelopment of the former Seattle Times headquarters, Onni has shifted to constructing two residential towers on the site, demonstrating adaptability to market demands. The Real Deal
  • Chicago Mixed-Use Development: Onni has received approval for a $1.1 billion project near Bally’s planned casino in Chicago’s River West, which includes nearly 2,500 apartments across four towers, along with retail spaces and green areas. The Real Deal
  • Downtown Los Angeles Tower: The company secured a $240 million construction loan for a 60-story residential tower at 1000 S Hill Street, set to become one of its largest projects in the area.

 

 

3. Westbank Corp

Established in 1992, Westbank Corp has emerged as a prominent name in the Canadian real estate market. With a market capitalization of $50 million, this company’s commitment to excellence is evident in its innovative designs and groundbreaking projects.

Expanding a Global Presence

Westbank Corp’s influence extends beyond Canada, with its portfolio including housing and commercial towers. While the company is renowned for its work in residential developments, it is steadily building its reputation in the commercial real estate sector, particularly with impressive condo developments in Calgary.

Excellence in Sustainability and Design

A hallmark of Westbank Corp’s success is its dedication to blending artistry with sustainable practices. The company has been instrumental in:

  • Carbon-neutral building projects, showcasing leadership in eco-conscious development.
  • LEED-accredited complexes, ensuring environmental stewardship in every venture.

These efforts have earned widespread recognition and praise from clients, cementing Westbank Corp’s standing as a trusted developer.

Signature Projects by Westbank Corp

  • Telus Garden: A stunning LEED Platinum-certified development in Vancouver.
  • The Butterfly: An iconic residential tower redefining urban luxury.
  • The Orchard Residential: A sophisticated condo community with green spaces.
  • Bank of Italy: A revitalized historic landmark with a modern twist.
  • The Energy Hub: A cutting-edge mixed-use development promoting sustainable living.

 

 

4. Westcorp Property Management Inc

With a distinguished 35-year history, Westcorp Property Management Inc has established itself as a major player in Canada’s commercial real estate sector. As a real estate investment trust (REIT), Westcorp specializes in commercial assets, consistently delivering outstanding returns through its diversified portfolio.

Comprehensive Services and Expertise

Beyond its office business, Westcorp also offers development and brokerage services across a wide range of markets, including retail, hospitality, and residential sectors. The company’s depth of experience has allowed it to fine-tune its services, positioning it among Canada’s top real estate companies.

Westcorp’s dedication to understanding the needs of real estate occupiers has been a key factor in its enduring success, allowing it to refine its operations and provide value-driven solutions.

Notable Projects by Westcorp Property Management

  • The Milner: A prestigious office building in a prime business district.
  • Downtown Hotel: A premium hospitality property enhancing city infrastructure.
  • Whitehall Square: A mixed-use commercial space that fosters a vibrant business community.
  • Victoria Plaza: A key retail and office complex offering exceptional amenities.
  • Baywood Park: A residential and commercial hub designed for modern living and working.

 

 

5. The Daniels Corporation

Daniels Corporation, headquartered in Toronto, is one of the most reputable names in Canada’s real estate sector. Known for its wide-ranging developments, Daniels has a strong foothold in the single-family home, condo, and commercial real estate markets.

A Trusted Name in Key Canadian Markets

Daniels Corporation has built an impressive portfolio across several prominent cities, including Toronto, Brampton, Thornhill, and Mississauga. The company’s developments are celebrated for their design innovation, quality construction, and commitment to social responsibility. Every project reflects Daniels’ unwavering dedication to sustainability, ensuring long-term value for the communities it serves.

Signature Projects by Daniels Corporation

  • Artworks Tower: A striking condo development featuring modern designs and premium amenities.
  • Kindred Condominiums: A stylish residential community combining luxury and convenience.
  • High Park Condos: A sought-after development near Toronto’s iconic High Park.
  • NY Towers: An urban landmark offering contemporary living spaces.
  • Kilgour Estates: An exclusive residential community offering comfort and elegance.

 

 

6. Firstservice Corporation

For over two decades, Firstservice has been a cornerstone of the Canadian real estate services industry. With a steadfast commitment to excellence, Firstservice has earned a stellar reputation for its ability to consistently deliver exceptional client experiences.

Dedication to Customer Satisfaction and Growth

At the heart of Firstservice’s success is its belief that clients are its most valuable assets. By prioritizing customer satisfaction and offering personalized services, the company has been able to maintain continuous growth and profitability year after year. This dedication has made Firstservice a trusted partner for real estate services across the country.

 

 

7. Mattamy Homes

Mattamy Homes, one of the most profitable privately-held home development firms in Canada, is a name synonymous with quality homes and sustainability. Headquartered in Toronto, the company has a robust presence across the Greater Toronto Area (GTA), Calgary, and select areas of the United States.

A Legacy of Success and Expansion

With more than 2000 employees and an impressive track record of over 8,200 house sales in 2021, Mattamy Homes has cemented its position as a market leader in the residential development sector. The company’s $4.4 billion in revenue from house sales in 2021 reflects its commitment to delivering high-quality homes that meet the needs of modern homeowners.

Commitment to Sustainability and Innovation

Mattamy Homes stands out for its dedication to creating environmentally friendly homes. The company integrates smart technologies and green building materials in its developments, aiming to reduce environmental impact while offering homes that are both energy-efficient and technologically advanced. This focus on sustainability aligns with Mattamy’s broader commitment to innovation in home construction.

Notable Projects by Mattamy Homes

  • Vita on the Lake: A stunning lakeside condo development combining luxury and sustainability.

 

 

8. Canadian Brookfield

Canadian Brookfield, one of the largest and most respected property businesses in Canada, has held the title of possessing the second-largest assets in the country since 2010. Renowned for its extensive portfolio and global reach, Brookfield offers a wide range of services, including real estate investment, private equity, management, credit, and infrastructure solutions.

A Powerful Presence in Global Real Estate

With its global presence, Canadian Brookfield has become a leading player in the real estate investment sector. The company’s diverse investments span across several continents, making it a key player in both the commercial and residential markets. Brookfield’s reputation for excellence and strategic acquisitions has helped it establish itself as a top-tier real estate firm with assets in major cities worldwide.

Diverse Solutions and Strong Market Position

Brookfield’s multi-faceted approach to real estate and investment solutions makes it stand out in the market. From managing commercial properties to providing private equity solutions, the company excels in offering comprehensive services that cater to a wide range of investors and developers. Their real estate portfolio includes some of the most recognizable assets, reflecting their expertise and vision.

 

 

9. Pinnacle International

Pinnacle International stands among the top real estate companies in Canada, known for its excellence in property development, management, and planning. With a legacy of transforming landscapes, Pinnacle has made significant contributions to the growth and enrichment of communities across Canada.

A Vision for Unique and Sustainable Communities

Pinnacle’s commitment to community development goes beyond just constructing buildings. The company’s projects are known for their distinctive architectural styles that blend modern aesthetics with functional design. By integrating these principles, Pinnacle has helped shape the architectural landscape of major Canadian cities, contributing to vibrant and thriving communities.

 

 

10. Tridel

Tridel, founded in 1934 by Jack DelZotto, is one of the oldest and largest property developers in Canada. Known for its happy homes and exceptional communities, Tridel has been a cornerstone of the Toronto real estate market and beyond. With over 87,000 homes developed across Canada, Tridel continues to set the standard for quality and innovation in residential and commercial real estate.

A Longstanding Tradition of Quality and Community

Tridel’s success is built on its commitment to excellence in every project. The company is renowned for creating vibrant communities that not only provide homes but also enhance the quality of life for their residents. With decades of experience, Tridel’s developments are synonymous with sustainability, design innovation, and customer satisfaction.

 

 

References:

  1. https://www.concordpacific.com/
  2. https://www.onni.com/
  3. https://westbankcorp.com/
  4. https://www.westcorp.net/
  5. https://danielshomes.ca/
  6. https://www.firstservice.com/
  7. https://mattamyhomes.com/
  8. https://www.brookfield.com/
  9. https://www.pinnacleinternational.ca/
  10. https://www.tridel.com/

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