Name

Lifetime Developments

Legal name

Lifetime Developments

Website

https://lifetimedevelopments.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

51–100 employees

Short description

Lifetime Developments is a Toronto-based, privately-held real estate developer founded in 1980 that builds luxury residential condominiums, commercial office/retail properties, and hotels across the Greater Toronto Area for affluent individual buyers, commercial tenants, and hospitality guests.

Ownership category

akta.pro rank

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Residential Condominium Sales: Pre-construction condominium sales where buyers purchase units before project completion. Revenue recognized upon closing. Primary revenue driver with 25+ projects completed and 7,000+ suites developed.
2. Commercial Property Leasing: Commercial office, studio, and retail space leasing at properties including Liberty Market Building (300,000+ sf), with office space expansion planned (200,000 sq ft additional at Liberty Market).
3. Hotel Operations: Bisha Hotel & Residences (355 split hotel and residential suites, 44 storeys) and Four Seasons Hotel Toronto (253 hotel rooms & 204 condo suites). Hotel branded residences create hybrid revenue streams.
4. Construction Management Services: Michael Pearl oversees company's construction management division, from planning to financing, through to closing and customer care. Internal construction capabilities.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Lifetime Developments is a Toronto-based real estate developer specializing in luxury residential condominiums, commercial properties, and hotel projects across the Greater Toronto Area. The company develops, sells, and leases its own branded buildings featuring award-winning architecture, curated art installations, and premium amenities developed through partnerships with firms such as Freemotion Fitness and Clear Inc. The portfolio includes over 25 completed projects totaling 7,000+ suites, alongside commercial space at Liberty Market Building and hospitality operations at Bisha Hotel and Four Seasons Hotel Toronto.

Product overview

Lifetime Developments is a real estate development company specializing in residential, commercial, and hotel properties in the Greater Toronto Area. Their portfolio includes over 25 projects spanning luxury condominiums (Q Tower, XO2, Oscar, XO Condos, Panda, Whitehaus), boutique hotels (Bisha Hotel & Residences, Four Seasons Hotel Toronto), mixed-use commercial complexes (Liberty Market Building, Liberty Market Tower, Liberty Market Lofts), and branded initiatives (Lifeline Foundation charitable arm, Homecourt Advantage community program). The company operates a unified development model where each project features distinctive architecture, curated amenities, and art integrations, rather than a modular software product architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Q Tower A 60-storey luxury condominium tower at 200 Queens Quay West in downtown Toronto's Harbourfront neighbourhood, featuring modern elegance with views of the water, CN Tower, and Toronto skyline.
• XO2 A 19-storey condominium with 404 suites located at 1182 King Street West in the King and Dufferin neighbourhood, featuring art installations by Matthew Del Degan (Lovebot).
• Oscar Residences A 9-storey boutique development with 155 luxury suites at 500 Dupont Street in the Annex neighbourhood, featuring amenities including outdoor terrace, resident's lounge, chef's kitchen, theatre room, fitness centre, and dog social lounge.
• Panda Markham A mixed-use community with four residential towers (31 to 46 storeys) and supporting retail at grade on a 5.8-acre site at 8200 Warden Avenue in Markham, providing 3,000 units.
• XO Condos A 14-storey condominium with 307 suites at 1221 King Street (King and Dufferin), featuring art collaboration with Denial (Daniel Bombardier).
• The Code Condos A 9-storey mid-rise boutique development with 108 suites and 10 townhomes at 6 Parkwood Avenue in Forest Hill Village, designed by Hariri Pontarini Architects.
• INDX A 54-storey tower with 798 condominium suites at 70 Temperance Street in Toronto's Financial District, designed by Page + Steele / IBI Group.
• Karma A 50-storey glass tower with 495 condominium suites at 21 Grenville Street (College and Yonge), featuring heritage house preservation at base.
• Bisha Hotel & Residences A 44-storey flagship boutique hotel and residential tower at 80 Blue Jays Way with 355 split hotel and residential suites, featuring interiors by Studio Munge and Lenny Kravitz Design Inc.
• The Yorkville A 31-storey tower with 233 condominium suites at 32 Davenport Road in Yorkville, designed by Rudy Wallman of Wallman Architects.
• Liberty Market Lofts A 13-storey live-work building with 291 residential units featuring authentic loft-style residences at 5 Hanna Avenue in Liberty Village.
• Four Seasons Hotel Toronto Dual towers (55 and 26 storeys) with 253 hotel rooms and 204 condominium suites at 60 Yorkville Avenue, featuring Café Boulud and d|bar lounge.
• M5V A 35-storey LEED Gold certified condominium with 305 suites at 375 King Street West in the Entertainment District, one of Toronto's first truly custom-built condos.
• Lumiere A 32-storey tower with 355 condominium suites at 770 Bay Street (Bay and College) in the Financial District.
• Neptune A 38-storey residential tower with 481 condominium suites at 219 Fort York Boulevard, part of Waterpark City's third and fourth phases with Club Odyssey amenities.
• Waterpark City Twin towers (38 and 28 storeys) with 1,076 condominium suites at 650 Fleet Street (Fort York), featuring Club Oasis 38,000 sq ft recreation centre and spa.
• Panda Condominiums A 30-storey tower with 560 condominium suites at 20 Edward Street (Yonge and Dundas), featuring retail at grade and interiors by Cecconi Simone.
• Liberty Market Tower A 28-storey condominium with 281 suites at 171 East Liberty Street in Liberty Village, the final phase of the Liberty Market community. Features over 12,000 SF of indoor and outdoor amenity spaces.
• Whitehaus A 29-storey development with 378 condominium suites and 4 townhomes at 2360 Yonge Street (Yonge and Eglinton), featuring striking all-white exterior designed by Diamond Schmitt Architects.
• The Bond A 42-storey tower with 393 condominium suites at 290 Adelaide Street in the Entertainment District, featuring strong retail at grade and office space on floors two to six.
• X2 A 49-storey development with 470 condominium suites at 101 Charles Street East (Rosedale), featuring rooftop garden with outdoor swimming pool.
• Victory A 12-storey mid-rise with 179 condominium suites at 478 King Street West (King and Spadina), designed by Rudy Wallman of Wallman Architects with horizontal bands of brickwork and alternating glass panels.
• Liberty Market Building A commercial building at 171 Liberty Street East in Liberty Village with over 300,000 sf of commercial space, undergoing multi-million dollar renovation since 2004 with mixed office, studio, and retail tenants.

Quantifiable outcome

• Successfully developed over 7,000 suites in 15 years
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• Adidas CanadaflagshipGTM or Marketing Partner · 23 June 2022Partnership for Homecourt Advantage initiative, revitalizing basketball courts across Toronto with art and design. Inaugural project at Stanley Park with Ben Johnston's 'DREAMERS' mural. Both companies contribute resources and expertise to enhance community facilities.
• Freemotion FitnesscoreStrategic or Co-development PartnerLifetime is the first developer to partner with global fitness pioneer Freemotion Fitness. Partnership provides residents access to top-of-the-line cardio and strength equipment including REFLEX Treadmill, connected to iFit interactive workout platform with workouts led by Olympic champions, celebrity trainers, and filmed in 40+ countries.
• Clear Inc.coreStrategic or Co-development PartnerStrategic partnership with Toronto-based Clear Inc., a leader in water and air filtration technology. Clear's EPA-approved Sterionizer technology kills 97.9% of viruses; Hydro-Optic UV Water System kills 99.99% of viruses and bacteria without chemicals. Partnership provides best-in-class filtration in all developments moving forward.
• DiamondCorpcoreStrategic or Co-development PartnerJoint development partnership for Q Tower, a 60-storey residential project at 200 Queens Quay West on Toronto's Harbourfront. Lifetime and DiamondCorp announced the launch together in September 2023.
• Zancor HomesflagshipGTM or Marketing PartnerCo-host of annual Smashed Ping Pong Tournament, one of the most successful charity events in real estate industry. Partnership has raised $2,375,000+ over 10 years for charities including SickKids, Mackenzie Health Foundation, Make A Wish.
• INK EntertainmentflagshipStrategic or Co-development PartnerDevelopment partner for Bisha Hotel & Residences. INK Entertainment brings hospitality expertise and branding; Lifetime provides development capabilities. Bisha is the first introduction of the Bisha Hotel brand with international growth aspirations.
• Lenny Kravitz / Kravitz Design Inc.flagshipStrategic or Co-development PartnerInternational rock legend designed the top floor of Bisha Hotel, including 13 rooms and three signature suites (Olivia Suite, Alexander Suite with 1,000 sq ft terrace, Bisha Suite - 2,000 sq ft duplex with golden spider marble bathroom floor). Collaboration brought immediate recognition to the new hotel brand.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Tridel: Toronto's largest residential condominium developer with a deep GTA-focused high-rise pipeline. Directly comparable in product type (urban luxury condos), target market (affluent downtown Toronto buyers), and project scale (multi-thousand-suite communities).
• Menkes Developments: Family-owned GTA developer with a residential, commercial, and industrial portfolio including major downtown condo towers. Closely comparable in family-run governance, mixed-use downtown Toronto focus, and luxury high-rise product.
• Great Gulf: Toronto-based residential and commercial developer active in downtown condo high-rises and master-planned communities. Comparable in urban condo product, GTA concentration, and design-led marketing positioning.
• The Daniels Corporation: Toronto-focused residential developer building condominium and rental communities across the GTA. Comparable in mid- and high-rise urban product and Toronto-centric geographic footprint.
• Lanterra Developments: Toronto condo developer behind several downtown high-rise projects. Comparable in product type (luxury urban condos), GTA focus, and developer profile of family-led ownership with JV structures.
• Tribute Communities: GTA-based developer of high-rise condominiums and townhomes in Toronto and surrounding regions. Comparable in product mix, GTA geographic focus, and mid-density to high-rise urban infill approach.

Broad incumbents

• Mattamy Homes: Canada's largest residential homebuilder with significant GTA presence in both low-rise and condo product. Comparable in residential development capacity but operates at a much larger, broader scale than Lifetime's boutique high-rise focus.
• Brookfield Residential: Major North American residential developer with a Toronto condo presence as part of a broader master-planned community and urban portfolio. Comparable in product type but operates at significantly greater scale and geographic breadth.
• Concord Pacific: Vancouver-headquartered developer with major Canadian urban condo pipelines and a luxury-branded residence model. Comparable in luxury high-rise product and branded residence strategy, though primary market is Vancouver rather than Toronto.

Emerging players

• DiamondCorp: Toronto-based developer that is Lifetime's JV partner on Q Tower at 200 Queens Quay West. Directly comparable in downtown Toronto luxury condo focus and is a direct collaboration partner, making it both peer and ally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/lifetime_dev
• Facebookfacebook.com/LifetimeDevelopments

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lifetime Developments