Trace Engineering

What Trace Engineering does

Trace Engineering Ltd. is a Toronto-based mechanical and electrical consulting engineering firm headquartered in Markham, Ontario. Founded in 2006, the company delivers professional engineering design, specifications, and construction-administration services across four practice areas: Mid & High-Rise Residential, Low-Rise Residential, Retirement Homes / Long-Term Care, and Commercial, with additional capability in Industrial and Tenant Improvement projects. Its work spans Ontario, anchored by the Greater Toronto Area but extending to Hamilton, Milton, Kingston, Ottawa, and other regional markets.

The firm's core offering is mechanical and electrical discipline consulting for new construction and build-outs, including HVAC, plumbing, electrical distribution, fire protection, and sustainability design to Ontario Building Code and LEED certification standards. The company has accumulated five LEED Gold certified projects (Village Gate West, One32 Berkeley, 570 Bay, The Berczy, Eden Park) plus multiple LEED-registered engagements, evidencing a sustainability-oriented design capability.

The business model is project-based professional services: Trace is engaged directly by property developers, retirement/long-term care operators, and commercial end-users (including enterprise logos such as Tridel, Empire Communities, Daniels Corporation, Lamb Development Corp., Camrost Felcorp, Concert Properties, V!VA Retirement Communities, and Hugo Boss) on a per-project basis, with fees tied to scope and complexity. The company operates from a single subleased suite at 100 Allstate Parkway, Markham, and has not disclosed funding, revenue, headcount, M&A activity, or external investment. Marketing is conducted via a project portfolio website and direct developer/architect relationships; all services are delivered in-house with no channel partners.

Name

Trace Engineering

Legal name

Trace Engineering Ltd.

Website

https://trace-engineering.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Trace Engineering Ltd. is a Toronto-area mechanical and electrical consulting engineering firm, founded 2006, serving Ontario developers and operators across residential, retirement/long-term care, and commercial construction projects with code-compliant, LEED-capable design services.

Ownership category

akta.pro rank

Product category

Mechanical and Electrical Engineering Consulting

NAICS

Engineering Services (54133)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Systems Engineering & Technical Program Management (BPAHAIAI)

Keywords

• Mechanical engineering consulting
• Electrical engineering services
• Building systems design
• LEED certification consulting
• Residential construction engineering

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Engineering Consulting Services: Professional consulting engineering services for mechanical and electrical systems design, provided to developers and property owners on a project-by-project basis. Revenue is generated through service fees for engineering design, specifications, and construction oversight.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Trace Engineering Ltd. is a Toronto-based Mechanical and Electrical Consulting Engineering firm providing design, specification, and construction-oversight services for mechanical and electrical building systems. The firm serves mid/high-rise residential, low-rise residential, retirement/long-term care, commercial, industrial, and tenant fit-out projects primarily in the Greater Toronto Area and Ontario.

Product overview

Trace Engineering Ltd is a Toronto-based mechanical and electrical consulting engineering firm founded in 2006. The company offers a unified suite of engineering consulting services organized into four core practice areas: Mid & High-Rise Residential, Low-Rise Residential, Retirement Homes/Long-Term Care, and Commercial projects. The company specializes in providing mechanical and electrical discipline consulting across the entire construction spectrum from new construction to tenant fit-outs.

Differentiator

Problem solved

Functional benefit

Products and services

• Mid & High-Rise Residential Mechanical & Electrical Consulting Comprehensive mechanical and electrical engineering consulting services for mid and high-rise residential construction projects, including new developments and redevelopments, for property developers and architects in Ontario.
• Low-Rise Residential Mechanical & Electrical Consulting Mechanical and electrical engineering consulting services tailored for low-rise residential developments including townhomes, brownstones, and single-family housing projects, for property developers and architects in Ontario.
• Retirement Homes Mechanical & Electrical Consulting Specialized mechanical and electrical engineering consulting for retirement homes and long-term care facilities, ensuring compliance with sector-specific regulations, for developers and operators of senior living facilities.
• Commercial Mechanical & Electrical Consulting Mechanical and electrical engineering consulting services for commercial properties including retail spaces, transit terminals, shopping centres, and office buildings, for commercial developers, retail tenants, and public-sector operators.

Named customers10 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• H.H. Angus & Associates: Toronto-based mechanical and electrical consulting engineering firm serving commercial, institutional, and residential clients. Closely comparable to Trace in scale, scope, and Toronto-focused project portfolio.
• Smith + Andersen: Canadian mechanical and electrical consulting engineering firm with a strong presence in Toronto and across Ontario. Directly comparable to Trace Engineering in service mix, client base (developers, healthcare, retirement), and regional market focus.
• Crossey Engineering: Toronto-based mechanical and electrical consulting engineering firm serving commercial, residential, and institutional clients. Direct competitor for GTA M&E consulting assignments with similar project types.
• WalterFedy: Kitchener-Waterloo-based integrated design firm specializing in mechanical, electrical, and structural engineering for buildings. Comparable to Trace in M&E consulting focus and Ontario building-services market.
• MCW Consultants: Canadian mechanical and electrical engineering consulting firm with offices across multiple provinces. Directly comparable to Trace on M&E service line, project types, and developer/healthcare clientele.

Broad incumbents

• Arup: Global engineering consulting firm with strong building services practice in Canada. Comparable to Trace in M&E consulting for buildings, particularly on high-performance and sustainability-focused projects.
• AECOM: Global infrastructure consulting firm with a substantial Canadian building engineering practice. Overlaps with Trace on commercial and residential M&E but with vastly broader service portfolio.
• WSP Global: Global engineering professional services firm with a large Canadian building-services practice. Overlaps with Trace on M&E consulting for buildings but offers much broader multi-discipline services and global scale.
• Stantec: Major Canadian-headquartered engineering, architecture, and consulting firm with significant building mechanical and electrical practice. Competes with Trace GTA developers but operates at much broader scale and scope.

Others

• Jensen Hughes: Engineering and consulting firm specializing in fire protection, life safety, and code consulting for buildings. Adjacent to Trace's M&E practice and often a co-consultant on GTA residential and retirement projects.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/trace-engineering

Revenue estimate

Valuation estimate

Number of profiles

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 Trace Engineering