Claridge Homes
Claridge Homes is a family-owned Ottawa-based homebuilder founded in 1986 that develops single-family homes, townhomes, condominiums, purpose-built rentals, and retirement communities across Ottawa-Carleton, serving first-time buyers, move-up buyers, downsizers, and suburban families.
- Company typePrivate
- Founded1986
- HeadquartersOttawa, Canada
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Claridge Homes does
Claridge Homes is a family-owned residential homebuilder and real estate developer founded in 1986 by Bill Malhotra and headquartered in Ottawa, Ontario. The company develops single-family homes, bungalows, semi-detached homes, and a range of townhome configurations (standard, rear-lane, Back2Back, and 3-storey) across multiple Ottawa-Carleton communities, with pricing starting from $521,900 for Back2Back Townhomes up to $1,148,900 for premium single-family homes. Beyond ground-oriented housing, Claridge operates two branded condominium developments (Claridge Royale in the ByWard Market and Claridge Moon, Ottawa's first LRT-connected condominium) and has expanded into purpose-built rental housing with 9 rental communities across the city, plus 11 retirement communities operated through Riverstone Retirement and a 55+ lifestyle offering at Magnolia Square. The company has also extended into Florida with two condominium projects (3000 Waterside in Fort Lauderdale and Ocean 580 in Pompano Beach) and secured approval for a 154-room expansion of the Andaz Hotel in Ottawa's ByWard Market.
Claridge generates revenue primarily through one-time new home and condominium sales, with a growing recurring component from rental and retirement operations. It sells directly to retail consumers via a network of community-based sales centres, model homes, virtual tours, and a dedicated Design Centre for finish personalization, supported by loyalty and referral programs. The customer base spans first-time homebuyers benefiting from Ontario HST rebate incentives, move-up buyers, downsizers and 55+ residents, property investors, and suburban families across Ottawa's growth corridors (Kanata, Stittsville, Barrhaven, Riverside South, Findlay Creek, Alta Vista, Downtown). With 51-100 employees, no disclosed external institutional investors, and over 14,000 homes delivered across 75+ communities since 1986, Claridge remains a private, multi-generational family enterprise with deep entrenchment in the Ottawa market.
Claridge Homes firmographics
Firmographics- Name
- Claridge Homes
- Legal name
- Claridge Homes
- Website
- https://claridgehomes.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Claridge Homes is a family-owned Ottawa-based homebuilder founded in 1986 that develops single-family homes, townhomes, condominiums, purpose-built rentals, and retirement communities across Ottawa-Carleton, serving first-time buyers, move-up buyers, downsizers, and suburban families.
- Ownership category
- akta.pro rank
Claridge Homes industry classification
Industry- Product category
- Residential Homebuilding
- NAICS
- New Housing For-Sale Builders (236117), Residential Building Construction (23611)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
Keywords
Where Claridge Homes is headquartered
LocationHeadquarters
- HQ city
- Ottawa
- HQ country
- Canada
- HQ region
- North America
Offices9 records
Markets served
Claridge Homes business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- New Home Sales: Sale of newly constructed single-family homes, bungalows, townhomes, semi-detached homes, and rear-lane/back2back townhomes to homebuyers in Ottawa region.
- Condominium Development: Development and sale of condominium units including Claridge Royale (ByWard Market) and Claridge Moon (Uptown/LRT-connected).
- Purpose-Built Rentals: Rental communities including Claridge Hintonburg, Lilythorne Zens, Claridge Ascent, Magnolia Square (55+ lifestyle), Muze on Rideau, Claridge Skye, Loop by Claridge, Claridge Onyx, and Stirling Park.
- Move-In Ready Homes: Sale of completed or nearly completed inventory homes with pre-selected finishes for immediate occupancy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Single Family Homes - Starting From |
| Unit Pricing | Multi-year contract | Bungalows - Starting From |
| Unit Pricing | Multi-year contract | Semi-Detached Homes - Starting From |
| Unit Pricing | Multi-year contract | Townhomes - Starting From |
| Unit Pricing | Multi-year contract | Rear-Lane Townhomes - Starting From |
| Unit Pricing | Multi-year contract | Back2Back Townhomes - Starting From |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Claridge Homes product offering
Product offeringCore offering
Claridge Homes builds, develops, and sells newly constructed residential properties across the Ottawa-Carleton region, including single-family homes, bungalows, semi-detached homes, townhomes, condominiums, and purpose-built rental apartments. The company also operates 55+ lifestyle rental communities and senior retirement residences, and has expanded into Florida with two luxury condo developments. Buyers personalize selections at the in-house Design Centre and benefit from the Tarion 7-year warranty program.
Product overview
Claridge Homes is a family-owned home builder and developer founded in 1986, operating primarily in the Ottawa-Carleton region. The company offers a diversified portfolio of residential products including new single-family homes, bungalows, semi-detached homes, and various townhome configurations across 8 active communities. In the condo segment, Claridge operates two branded properties: Claridge Royale (ByWard Market luxury condominiums) and Claridge Moon (Uptown condominiums connected to Ottawa's LRT). The company has expanded into the purpose-built rental market with 9 rental properties across Ottawa. All home purchases include access to the Design Centre for personalization. The company has also developed properties in Florida (3000 Waterside and Ocean 580). Claridge has developed over 14,000 properties across more than 75 communities in the Ottawa region.
Differentiator
Problem solved
Functional benefit
Brands
- Claridge ICON: Ottawa's tallest residential building spanning 45 storeys.
- Claridge Hintonburg
- Claridge Ascent
- Claridge Skye
- Claridge Onyx
- Loop by Claridge
- Magnolia Square
- Muze on Rideau
- Stirling Park
- Lilythorne Zens
- 3000 Waterside
- Ocean 580
Products and services
- New Homes Newly constructed single-family homes, bungalows, semi-detached homes, townhomes, rear-lane townhomes, back2back townhomes, and 3-storey townhomes sold across multiple communities in the Ottawa-Carleton region. Targeted at first-time buyers, move-up families, and suburban professionals.
- Claridge Royale Condominiums 26-storey luxury condominium in Ottawa's historic ByWard Market at 180 George Street, combining retail and living spaces. Targeted at urban professionals, downsizers, and investors seeking premium downtown living.
- Claridge Moon Condominiums Ottawa's first residential property directly connected to a station on the LRT system, located at 340 Queen St near Lyon Station in the Uptown area. Targeted at transit-oriented urban buyers and investors.
- Purpose-Built Rental Apartments A portfolio of purpose-built rental communities across Ottawa including Claridge Hintonburg, Claridge Ascent, Claridge Skye, Loop by Claridge, Claridge Onyx, Muze on Rideau, Stirling Park, and Lilythorne Zens, offering studios to 3-bedroom suites. Targeted at Ottawa renters seeking modern, amenity-rich apartment living with transit access.
- Magnolia Square 55+ Lifestyle Rentals 55+ lifestyle rental community with studio to 2-bedroom apartments and a tailored lifestyle package at 1707 Carling Avenue, Ottawa. Targeted at active adults aged 55+ seeking low-maintenance, socially connected independent living.
- Move-In Ready Homes Newly constructed or nearly completed inventory homes with pre-selected designer finishes, available for immediate occupancy. Targeted at buyers seeking faster closing timelines without waiting for construction completion.
- Design Centre Personalization Service In-house service at 133 Booth Street, Ottawa, where buyers work with professional designers to select finishes, colors, and upgrades for their new Claridge home. Targeted at new-home buyers purchasing any Claridge property.
- Copperwood Estate Community Single-family, bungalow, and townhome community in Kanata North along March Road, near Kanata Tech Park and Canada's largest technology park. Targeted at suburban families and tech-sector professionals.
- Westwood Community Single-family, bungalow, and townhome community in Stittsville with lots backing onto a pond, future park, and new school, near Trans Canada Trail. Targeted at suburban families seeking nature access and new schools.
- Iron Valley Community Modern rear-lane and back2back townhome community in Kanata South along Terry Fox Drive, backing onto creek and greenspace. Targeted at first-time and move-up buyers seeking modern townhome product.
- Bridlewood Trails Community Townhome community in Kanata South with views of open farmland, near excellent schools, parks, nature trails, and Highway 417. Targeted at suburban families prioritizing schools and green space.
- Watter's Pointe Community Townhome community in Barrhaven bordered by the Jock River with planned park, greenspace, and proximity to a future LRT station. Targeted at suburban families in south Ottawa.
- River's Edge Community Single-family, bungalow, townhome, and semi-detached community in Riverside South near Limebank Station and LRT access. Targeted at move-up families and first-time buyers seeking transit connectivity.
- Lilythorne Community Homes community in Findlay Creek surrounded by nature including a pond, two parks, boardwalk, and Leitrim wetlands, near a future LRT station. Targeted at nature-oriented buyers in Ottawa's south end.
- Alta Vista Quarters Community Two- and three-storey townhome community from the Heritage Series in Ottawa's Alta Vista neighborhood at St. Laurent Blvd. and Don Reid Dr., launched in October 2024. Targeted at first-time and move-up buyers in central Ottawa.
- 3000 Waterside Luxury Condos Luxury condominium development in Fort Lauderdale, Florida. Targeted at buyers in the South Florida luxury condo market.
- Ocean 580 Luxury Condos Luxury condominium development in Pompano Beach, Florida. Targeted at buyers in the South Florida luxury condo market.
Quantifiable outcome
- Over 14,000 homes and residential units delivered
- +1 more outcomes
Companies that use Claridge Homes
Customer profileSegments5 records
Ideal customer profiles5 records
Claridge Homes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Claridge Homes partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Andaz OttawamajorClaridge Homes is developing a second 17-storey tower with 154 rooms for the Andaz Hotel in Ottawa's ByWard Market. The developer acquired adjacent land at 116 York St. for the expansion, which includes a three-storey podium and shared underground parking. Project conditions include selecting compatible exterior brick and collaborating on public art installation.
Scale indicators4 records
Recent moves10 records
Expansion highlights6 records
Claridge Homes competitors and assessment
Company assessmentRegional players
- Great Gulf: Great Gulf is a Toronto-based high-rise condo and townhome developer that competes with Claridge on the downtown Ottawa/condo segment (e.g., high-rise podium and tower product). Geographic focus differs (GTA-led), but the urban condo product targeting of Claridge Royale and Claridge Moon overlaps directly.
- Urbandale Corporation: Urbandale is one of Ottawa's largest homebuilders delivering single-family homes, townhomes, and condos across the Capital Region. It is the most direct regional peer on volume, suburban community development, and product breadth versus Claridge.
Broad incumbents
- Tridel: Tridel is Canada's largest condominium builder with GTA-centric operations delivering high-rise condo product comparable to Claridge Royale and Claridge Moon. While primarily Toronto-focused, it is the benchmark incumbent for the urban condo execution model Claridge is pursuing downtown.
- Brookfield Residential (Ottawa): Brookfield Residential operates master-planned communities across Ontario including the Ottawa region, competing on suburban single-family and townhome product. It is a broad incumbent with deeper land-banking capability and capital backing that competes with Claridge on community scale.
- Mattamy Homes: Mattamy is the largest privately held homebuilder in North America with a major Ottawa presence developing single-family homes, townhomes, and condos. It directly overlaps Claridge's for-sale residential product line across the Ottawa suburbs and is the principal scale competitor on land acquisition and pricing.
- Minto Group: Minto is a long-established Ottawa-headquartered builder and developer of single-family homes, condos (e.g., Minto communities in the Glebe and Westboro), and rental apartments. It overlaps with Claridge on both for-sale residential and purpose-built rental product in the same geography.
Direct peers
- Riverstone Retirement Communities: Riverstone Retirement is a wholly-owned Claridge subsidiary operating 11 retirement residences across Ottawa. Comparable peers include regional independent/assisted-living operators such as Revera and Amica Senior Lifestyles, which Claridge competes against for seniors housing demand in the same geography.
- Caivan Communities: Caivan is an Ottawa-area builder of single-family homes and townhomes in Manotick, Barrhaven, and Riverside South. It directly competes with Claridge on move-up and first-time buyer product in the same suburban submarkets with similar pricing.
- Richcraft Homes: Richcraft is a family-owned Ottawa homebuilder developing single-family homes, townhomes, and condos across the Capital Region. It competes head-to-head with Claridge in suburban Ottawa submarkets and shares the multi-generational family-owned operating model.
- Tamarack Homes: Tamarack is an Ottawa-focused homebuilder developing single-family homes, townhomes, and bungalows in many of the same suburban communities (Stittsville, Kanata, Barrhaven). It is the closest regional peer with near-identical product mix, lot sizing, and pricing tiers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Claridge Homes social profiles
Digital presenceClaridge Homes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Claridge Homes leadership team
Management profileNumber of profiles
Profiles2 records
Claridge Homes subsidiaries and ownership
Company hierarchySubsidiaries5 records
Claridge Homes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Claridge Homes 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 Claridge Homes
What does Claridge Homes do?
Claridge Homes builds, develops, and sells newly constructed residential properties across the Ottawa-Carleton region, including single-family homes, bungalows, semi-detached homes, townhomes, condominiums, and purpose-built rental apartments. The company also operates 55+ lifestyle rental communities and senior retirement residences, and has expanded into Florida with two luxury condo developments. Buyers personalize selections at the in-house Design Centre and benefit from the Tarion 7-year warranty program.
Is Claridge Homes a public or private company?
Claridge Homes is a private company. It is classified as family owned and is currently operating.
When was Claridge Homes founded?
Claridge Homes was founded in 1986. It employs 51 to 100 people.
Where is Claridge Homes based?
Claridge Homes is headquartered in Ottawa, Canada, in the North America region.
How does Claridge Homes make money?
Four revenue lines are on record. New Home Sales are the primary driver. The others are condominium Development, purpose-Built Rentals and move-In Ready Homes.
Who are Claridge Homes's main competitors?
Regional players on record are Great Gulf and Urbandale Corporation. Broad incumbents are Tridel, Brookfield Residential (Ottawa), Mattamy Homes and Minto Group. Direct peers are Riverstone Retirement Communities, Caivan Communities, Richcraft Homes and Tamarack Homes.
Does Claridge Homes have an API?
No public API is recorded for Claridge Homes.
What industry is Claridge Homes in?
Claridge Homes's product category is Residential Homebuilding. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes). Its NAICS code is 236117 and its SIC code is 6552.