Shiplake Properties
Shiplake Properties is a privately held Toronto-based residential real estate operator that owns and manages four premium purpose-built rental communities — The Torontonian, Balliol Park, Lillian Park, and Tippett Park — targeting urban renters seeking sustainable, amenity-rich housing in midtown Toronto.
- Company typePrivate
- Founded2010
- HeadquartersToronto, Canada
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Shiplake Properties does
Shiplake Properties is a privately held Canadian residential real estate company headquartered in Toronto, Ontario, that owns and operates four premium purpose-built rental communities in the Greater Toronto Area: The Torontonian (a renovated 28-storey legacy building at Yonge & Eglinton), Balliol Park (a dual mid-rise and high-rise community at Yonge & Davisville), Lillian Park (a two-tower community at Yonge & Eglinton), and Tippett Park (a 16-storey tower in the Yorkdale/Wilson Heights neighbourhood, including the newer Tippett Park Two phase). The company targets urban renters including young professionals, couples, and families seeking high-quality, professionally managed accommodations in midtown Toronto's most walkable neighbourhoods.
The portfolio is differentiated by sustainability features including geothermal heating and cooling systems at Lillian Park and Tippett Park, the first Canadian deployment of AeroBarrier air-sealing technology in a multi-residential high-rise at Tippett Park Two (a NERVA Energy partnership), and a comprehensive suite of energy-efficient, water-saving, and biophilic design features. Suite finishes include Caesarstone/quartz countertops, stainless steel appliances, in-suite laundry, and high-performance thermal envelopes; amenities span indoor pools, rooftop terraces, fitness studios, theatre rooms, business centres, and pet-friendly spaces. Operational tooling includes a Securecafe online tour-scheduling platform, property-specific leasing teams, and a centralized contact system with a stated 48-hour inquiry response commitment.
Shiplake generates revenue exclusively through recurring monthly residential rents in Canadian dollars, with suite pricing ranging from approximately $1,854 (studio, Tippett Park) to $3,094 (premium one-bedroom, Lillian Park). Sales is entirely direct-to-consumer — on-site leasing offices, online booking, and promotional move-in incentives — with no third-party brokers. A 51–100-employee workforce (75% women at head office, 57% across the company) has delivered multiple industry awards (CFAA Rental Development of the Year 2021 and 2023, CFAA Rental Housing Provider of the Year 2020, FRPO Best Lobby Renovation 2022, CAGBC Green Building Visionary Award 2023), positioning the company as a quality-over-quantity operator in Toronto's premium rental segment.
Shiplake Properties firmographics
Firmographics- Name
- Shiplake Properties
- Legal name
- Shiplake Properties
- Website
- https://shiplake.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Shiplake Properties is a privately held Toronto-based residential real estate operator that owns and manages four premium purpose-built rental communities — The Torontonian, Balliol Park, Lillian Park, and Tippett Park — targeting urban renters seeking sustainable, amenity-rich housing in midtown Toronto.
- Ownership category
- akta.pro rank
Where Shiplake Properties is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Shiplake Properties business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain
Revenue model
- Residential Apartment Rentals: Shiplake Properties operates as a purpose-built residential rental company. Revenue is generated through monthly rental payments from residents across four premium urban communities: The Torontonian, Balliol Park, Lillian Park, and Tippett Park. Properties offer studio, one-bedroom, two-bedroom, and three-bedroom suite types with varying price points.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Studio suites - starting prices by property |
| Subscription | Monthly | 1 Bedroom suites - starting prices by property |
| Subscription | Monthly | 2 Bedroom suites - starting prices by property |
| Subscription | Monthly | 3 Bedroom suites - Tippett Park Two |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Shiplake Properties product offering
Product offeringCore offering
Shiplake Properties develops, owns, and operates four premium purpose-built residential rental communities in Toronto (The Torontonian, Balliol Park, Lillian Park, and Tippett Park), offering studio, one-, two-, and three-bedroom suites on monthly leases. Each property is supported by on-site leasing teams, professional property management, 24/7 resident services, premium suite finishes (Caesarstone/quartz countertops, stainless steel appliances, in-suite laundry), and shared amenities such as indoor pools, fitness studios, rooftop terraces, theatre rooms, and pet-friendly spaces. Sustainability features including geothermal heating/cooling, AeroBarrier construction, Energy Star appliances, and rainwater collection differentiate the portfolio from conventional Toronto rental stock.
Product overview
Shiplake Properties operates a portfolio of four premium purpose-built rental communities in Toronto: The Torontonian (28-storey high-rise at Yonge and Eglinton), Balliol Park (dual mid-rise/high-rise at Yonge and Davisville), Lillian Park (two-tower community at Yonge and Eglinton with geothermal systems), and Tippett Park (16-storey tower in Yorkdale with geothermal heating and cooling). All communities offer professional property management, 24/7 resident services, online resident portals, premium suite finishes, and curated amenities including fitness centers, pools, rooftop terraces, and pet-friendly spaces. The company emphasizes sustainability through geothermal energy systems, high-performance building materials, and environmental certifications at select properties.
Differentiator
Problem solved
Functional benefit
Products and services
- The Torontonian A premium 28-storey legacy rental apartment building in the Yonge and Eglinton neighbourhood offering studio, one-, and two-bedroom suites with sun-filled balconies, state-of-the-art amenities, and proximity to shops, restaurants, trails, and transit. Operated by Shiplake Properties for urban renters seeking a professionally managed community.
- Balliol Park A dual mid-rise and high-rise premium rental community at Yonge and Davisville featuring studio, one-, and two-bedroom suites with private balconies and city views, indoor lap pool, rooftop pool, fitness and yoga studios, theatre room, and rooftop terrace with BBQs. Targeted at urban renters seeking walkable midtown Toronto living.
- Lillian Park A two-tower modern rental community in Midtown Toronto offering panoramic views, rooftop terrace, indoor pools, theatre room, and state-of-the-art fitness studio, equipped with geothermal heating and cooling. Winner of CFAA Rental Development of the Year 2021. Targeted at urban renters seeking a near-perfect walk-score (98) and sustainability-focused living.
- Tippett Park (including Tippett Park Two) A modern 16-storey purpose-built rental tower in the Yorkdale/Wilson Heights neighbourhood offering studio, one-, two-, and three-bedroom suites with large picture windows, expansive balconies, geothermal heating and cooling, rooftop fitness studio, business centre, and party room. CFAA Rental Development of the Year 2023. Targeted at urban renters seeking newer construction, sustainability features, and proximity to Wilson TTC and Yorkdale Mall.
Quantifiable outcome
- 70% less greenhouse gas emissions, 40% less energy, and saves over 5 million litres of water each year at geothermal-equipped properties
- +3 more outcomes
Companies that use Shiplake Properties
Customer profileSegments1 record
Ideal customer profiles1 record
Shiplake Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Shiplake Properties partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- gh3* (Architecture Firm)coreAward-winning architecture firm gh3* designed Tippett Park Two, creating a 16-storey minimalist tower with Scandinavian-inspired design. The firm's architectural work was instrumental in achieving CFAA's 2023 Rental Development of the Year award for the property.
- Esqape (Interior Design)coreEsqape designed the modern interiors of Tippett Park Two, creating bright open-concept interiors with natural finish palettes that transition seamlessly to outdoor spaces. Interiors feature quartz countertops, in-suite laundry, and wood-grain laminate flooring.
- University of Toronto Rotman School of Management - Institute for Gender and the Economy (GATE)coreShiplake announced a partnership and support for GATE, an institution seeking to promote deeper understanding of gender inequalities in business. Shiplake's funding will allow GATE to provide internships to three MBA students annually for three years, focused on projects addressing gender-based challenges in the Canadian economy, including Toronto's housing crisis.
- Barbie (Mattel)minorShiplake hosted a Barbie Pop-Up Open House at Lillian Park community in August 2023, featuring a pink paradise installation. The pop-up remained open until September 8th for all Shiplake residents. Part of ongoing community lifestyle programming to make residents feel #happyathome.
- CollecdevcoreShiplake's construction development partner for Lillian Park improvements, including the outdoor theatre renovation featuring artificial grass, new TV screen, and Muskoka chairs. Collecdev collaborated with Shiplake's Operations Team to deliver improvements in a timely fashion.
- Local Small Businesses (Shiplake Summer Market)minorShiplake's annual Summer Market at Lillian Park showcases local small businesses and artisan vendors. The 2023 event featured over 40 vendors including The Moody Mom, KAL Art, Padaria, MB Pottery, 6ixTreats, Chutikarn's Thai Kitchen, and many others from the Yonge and Eglinton community.
- NERVA EnergycoreNERVA Energy is the exclusive Canadian representative for AeroBarrier construction technology. Shiplake partnered with NERVA Energy as the pilot project for AeroBarrier in Canada at Tippett Park Two, the first multi-residential high-rise in Canada to implement the technology. The partnership earned NERVA the Green Building Visionary Award from CAGBC in June 2023. AeroBarrier creates a tight building envelope preventing air transfer between suites.
- Padaria Brazilian BakeryminorShiplake partnered with Padaria Brazilian Bakery (@padaria_to) for a '#shiplakecooks' edition featuring Brigadeiro recipes. Padaria is a popular Brazilian bakery in the Yonge and Davisville area opened in May 2020, serving authentic Brazilian sweet and savoury treats.
- The Latner Family FoundationcoreShiplake and the Latner Family Foundation jointly dedicated $250,000 in April 2020 to University Health Network emergency staff support. The Foundation also partnered with Shiplake on virtual art tours with the National Gallery of Canada, Gusto 54 food deliveries to residents, and other COVID-19 community support programs.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
Shiplake Properties competitors and assessment
Company assessmentBroad incumbents
- Tridel: Toronto's largest condominium developer with a multi-decade track record of GTA high-rise residential development. Comparable as a Toronto-focused residential developer, though predominantly condominium rather than purpose-built rental.
- CAPREIT: Canada's largest publicly traded apartment REIT with significant Toronto exposure and a diversified multifamily portfolio nationwide. Overlaps with Shiplake on residential rental operations but operates at much greater scale and across a broader geographic and price-tier range.
- Morguard Corporation: Diversified Canadian real estate company owning and operating multifamily, office, retail, and hotel properties. Overlaps with Shiplake on residential rental operations but operates at much broader scale and across multiple asset classes.
Direct peers
- Fitzrovia: Toronto-based developer and operator focused exclusively on purpose-built rental communities in midtown and downtown Toronto. Closest comparable to Shiplake on geography, customer segment, and premium-service rental model.
- Minto Group: Ottawa-headquartered residential developer and operator with a multifamily rental portfolio across major Canadian cities including Toronto. Comparable as a purpose-built premium residential operator, though larger and more diversified geographically.
- Skyline Group of Companies: Canadian residential and commercial rental operator headquartered in Ontario with a multifamily portfolio across multiple provinces. Comparable as a residential rental operator serving similar urban renter demographics across Canada.
- Mainstreet Equity Corp: Calgary-based apartment operator with a value-add acquisition and renovation strategy across Canadian secondary markets. Comparable as a multifamily operator, though positioned at lower price points with a different geographic footprint and operating model.
- Camrost Felcorp: Toronto-based real estate developer with a long-standing portfolio of condominium and rental apartment buildings in the GTA. Comparable as a Toronto-focused developer-operator of residential rental and condo assets at similar scale to Shiplake.
- Greenwin Corp: Toronto-based property management and rental operator with a large multifamily residential portfolio in the GTA. Direct geographic overlap with Shiplake and comparable on apartment-rental operations, though positioned across broader price tiers.
Regional players
- Boardwalk REIT: One of Canada's largest multifamily rental operators with a portfolio concentrated in Western Canada (Alberta, Saskatchewan, Ontario). Comparable on multifamily rental operations but with a primarily Western Canadian footprint that does not directly compete in Toronto.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Shiplake Properties social profiles
Digital presenceShiplake Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shiplake Properties leadership team
Management profileNumber of profiles
Profiles3 records
Shiplake Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shiplake Properties 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 Shiplake Properties
What does Shiplake Properties do?
Shiplake Properties develops, owns, and operates four premium purpose-built residential rental communities in Toronto (The Torontonian, Balliol Park, Lillian Park, and Tippett Park), offering studio, one-, two-, and three-bedroom suites on monthly leases. Each property is supported by on-site leasing teams, professional property management, 24/7 resident services, premium suite finishes (Caesarstone/quartz countertops, stainless steel appliances, in-suite laundry), and shared amenities such as indoor pools, fitness studios, rooftop terraces, theatre rooms, and pet-friendly spaces. Sustainability features including geothermal heating/cooling, AeroBarrier construction, Energy Star appliances, and rainwater collection differentiate the portfolio from conventional Toronto rental stock.
Is Shiplake Properties a public or private company?
Shiplake Properties is a private company. It is classified as unknown and is currently operating.
When was Shiplake Properties founded?
Shiplake Properties was founded in 2010. It employs 51 to 100 people.
Where is Shiplake Properties based?
Shiplake Properties is headquartered in Toronto, Canada, in the North America region.
How does Shiplake Properties make money?
One revenue line is on record: residential Apartment Rentals.
Who are Shiplake Properties's main competitors?
Broad incumbents on record are Tridel, CAPREIT and Morguard Corporation. Direct peers are Fitzrovia, Minto Group, Skyline Group of Companies, Mainstreet Equity Corp, Camrost Felcorp and Greenwin Corp. Boardwalk REIT is listed as a regional player.
Does Shiplake Properties have an API?
No public API is recorded for Shiplake Properties.