Carlisle Group
Carlisle Group is a privately held Calgary-based real estate developer that builds low-rise, wood-frame condominium communities in Alberta and British Columbia, serving first-time buyers, downsizers, and property investors with price-competitive units.
- Company typePrivate
- Founded1995
- HeadquartersCalgary, Canada
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Carlisle Group does
Carlisle Group is a privately held Canadian real estate development company headquartered in Calgary, Alberta, that builds low-rise, wood-frame multi-family condominium communities in Alberta and British Columbia. Founded in 1995 and led by CEO Randy Klapstein, the company reports over 30 years of operating history with more than 30,000 units delivered across multiple cities, positioning it as one of the larger multi-family developers in Western Canada. Its technical approach centres on wood-frame construction with water radiant perimeter heating, optional split compressor air conditioning, and transfer air duct ventilation; units range from 935 to 1,025 square feet and are sold at a price band of approximately $205,900 to $211,900, with each suite including at least one heated underground parking stall.
The customer base is segmented into three personas: first-time homebuyers and young professionals seeking affordable entry into ownership, empty nesters and seniors looking to downsize into low-maintenance units, and property investors acquiring professionally managed units through the company's Investor Program. Carlisle operates a small physical retail footprint consisting of model homes and show suites in Edmonton (currently Vita Estates in NW Edmonton and Creekwood Landing in SW Edmonton), both of which are sold out as of April 2025. The company supplements direct sales with a Realtor Program for licensed agents, a customer-to-customer Referral Program paying $1,000 per successful referral, and embedded mortgage specialist relationships with CIBC and RBC to facilitate buyer financing. Warranty coverage is delivered through National Home Warranty Group, an Aviva company. Revenue is generated primarily through one-time condominium unit sales; no recurring SaaS, subscription, or institutional capital is disclosed in the source material.
Carlisle Group firmographics
Firmographics- Name
- Carlisle Group
- Legal name
- Carlisle Group
- Website
- https://carlislegroup.ca
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Carlisle Group is a privately held Calgary-based real estate developer that builds low-rise, wood-frame condominium communities in Alberta and British Columbia, serving first-time buyers, downsizers, and property investors with price-competitive units.
- Ownership category
- akta.pro rank
Carlisle Group industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- New Construction & Builder Sales (BPAJAAAB)
Keywords
Where Carlisle Group is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Carlisle Group business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Condominium Sales: One-time sale of condominium units to individual buyers. Revenue generated from initial unit sales at various developments in Alberta and British Columbia. Units include heated underground parking stalls and feature multiple bedrooms with modern layouts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard Condominium Units |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels4 records
Carlisle Group product offering
Product offeringCore offering
Carlisle Group develops, constructs, and sells low-rise wood-frame condominium homes in Alberta and British Columbia. The portfolio targets the entry-level and downsizing markets, with named projects such as Vita Estates in NW Edmonton and Creekwood Landing in SW Edmonton. Buildings include heated underground parking stalls, modern kitchens, multiple bedrooms, and are supported by an Investor Program with professional property management.
Product overview
Carlisle Group is a real estate development company specializing in low-rise condominiums for the entry-level and down-sizing markets. The company operates a portfolio of products including immediate possession condos (Vita Estates, Creekwood Landing) and programs (Investor, Referral, and Realtor programs). All locations are currently sold out. The company focuses on wood-frame developments and maintains partnerships with banking institutions (CIBC, RBC) and National Home Warranty for buyer services.
Differentiator
Problem solved
Functional benefit
Products and services
- Vita Estates Low-rise condominium development in NW Edmonton offering multiple bedrooms, spacious modern kitchens, and contemporary styling at competitive pricing for first-time homebuyers and downsizers.
- Creekwood Landing Condominium development in SW Edmonton located near wetlands and green spaces, offering family-friendly amenities and convenient commute access.
Quantifiable outcome
- Built over 30,000 units in multiple cities
Companies that use Carlisle Group
Customer profileSegments3 records
Ideal customer profiles3 records
Carlisle Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature1 record
Carlisle Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- National Home Warranty GroupWestern Canada's leading warranty administrator partnering with over 3,500 registered builders. Provides new home warranty coverage for Carlisle condominium developments. Member of Aviva group of companies since 2008.
- Government of Canada - First-Time Home Buyer IncentiveminorFederal shared equity mortgage program helping first-time homebuyers finance a portion of their home purchase without adding to financial burdens.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Carlisle Group competitors and assessment
Company assessmentDirect peers
- Polygon Homes: Polygon Homes is a major British Columbia-based residential developer specializing in multi-family condominium communities for first-time buyers and move-up buyers. Highly comparable to Carlisle as a Western Canadian condo builder serving the entry-level and family segments.
- Bosa Properties: Bosa Properties is a Vancouver-based developer of condominium and mixed-use residential projects across Metro Vancouver and other Western Canadian markets. Directly comparable to Carlisle as a for-sale condo developer operating in Western Canada.
- Centron Group of Companies: Centron is a Calgary-headquartered real estate developer active in multi-family condominium and rental developments across Western Canada. Directly comparable to Carlisle in geography (Calgary-headquartered), product type (condominiums), and customer base (entry-level and investors).
- Tridel: Tridel is one of Canada's largest condominium developers, primarily active in the Greater Toronto Area but with multi-family condo expertise directly relevant to Carlisle's product model. Comparable as a Canadian for-sale residential condominium builder serving entry-level and family buyers.
- Adera Development Group: Adera is a Metro Vancouver-based developer specializing in multi-family wood-frame and concrete condominium communities. Comparable to Carlisle as a Western Canadian multi-family developer focused on the entry-level and family segments.
- Qualex-Landmark Group: Qualex-Landmark is a Vancouver-area residential developer focused on mid-rise and high-rise condominium projects across the Lower Mainland. Comparable to Carlisle as a Western Canadian for-sale condominium developer serving similar buyer segments.
- Onni Group: Onni Group is a Vancouver-based developer with multi-family residential projects across Western Canada including Calgary and Edmonton. Comparable to Carlisle as a multi-family developer active in both Alberta and British Columbia markets.
Regional players
- Homes by Avi: Homes by Avi is a Calgary-headquartered homebuilder with multi-family and single-family projects primarily in the Alberta market. Comparable to Carlisle as a Calgary-based residential builder, though with broader single-family focus.
Broad incumbents
- Brookfield Residential: Brookfield Residential is a large North American homebuilder and land developer with operations across Western Canada including Alberta and British Columbia. Comparable to Carlisle as a for-sale residential builder in the same Western Canadian markets, but at much larger scale.
- Mattamy Homes: Mattamy Homes is Canada's largest privately owned homebuilder, with multi-family and single-family projects in Calgary, Edmonton, and other Canadian metros. Comparable to Carlisle as a Western Canadian multi-family builder serving entry-level buyers, but operating at much larger national scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Carlisle Group social profiles
Digital presenceCarlisle Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carlisle Group leadership team
Management profileNumber of profiles
Profiles3 records
Carlisle Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carlisle Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carlisle Group
What does Carlisle Group do?
Carlisle Group develops, constructs, and sells low-rise wood-frame condominium homes in Alberta and British Columbia. The portfolio targets the entry-level and downsizing markets, with named projects such as Vita Estates in NW Edmonton and Creekwood Landing in SW Edmonton. Buildings include heated underground parking stalls, modern kitchens, multiple bedrooms, and are supported by an Investor Program with professional property management.
Is Carlisle Group a public or private company?
Carlisle Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Carlisle Group founded?
Carlisle Group was founded in 1995. It employs 51 to 100 people.
Where is Carlisle Group based?
Carlisle Group is headquartered in Calgary, Canada, in the North America region.
How does Carlisle Group make money?
One revenue line is on record: condominium Sales.
Who are Carlisle Group's main competitors?
Direct peers on record are Polygon Homes, Bosa Properties, Centron Group of Companies, Tridel, Adera Development Group, Qualex-Landmark Group and Onni Group. Homes by Avi is listed as a regional player. Broad incumbents are Brookfield Residential and Mattamy Homes.
Does Carlisle Group have an API?
No public API is recorded for Carlisle Group.
What industry is Carlisle Group in?
Carlisle Group's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAJAAAB, New Construction & Builder Sales. Its NAICS code is 236117 and its SIC code is 6552.