PACE Developments
PACE Developments is a family-run Ontario luxury home builder developing and selling residential townhomes, detached homes, and condominiums — plus select commercial space — across the Greater Toronto Area and Barrie, serving growing families, luxury buyers, and commercial investors through direct, project-based sales.
- Company typePrivate
- Founded1989
- HeadquartersRichmond Hill, Canada
- Headcount11–50
- GTM typeB2C
- OfferingServices
What PACE Developments does
PACE Developments Inc. is a privately held, family-run Ontario luxury home builder founded in 1989 and headquartered in Richmond Hill, Canada. The company designs, develops, and sells residential communities — including townhomes, detached luxury homes, and condominiums — and also develops commercial office and retail space, across multiple Ontario sub-markets within and adjacent to the Greater Toronto Area (Markham, Vaughan, Barrie, Toronto, Richmond Hill, and King City). Its named portfolio of projects includes Orchid Square, Julien Court, Urban North, The Mark Condos, Eden, TEN88, Eaton Square, and Mount Joy.
The company's customer-facing technology stack centers on two proprietary digital assets: a Homeowner Portal that gives buyers access to purchase documents, floor plans, upgrade information, construction timelines, and progress photos; and an Online Design Boutique (built on Shopify) that lets homeowners browse and order finish selections ahead of in-person design appointments. Design credibility is anchored by a partnership with nationally recognized designer Andrew Pike. The business has accumulated industry recognition through BILD, CHBA, OHBA, SCHBA, and NAHB Nationals awards.
PACE generates revenue primarily through one-time sales of newly built homes and commercial units, supplemented by a newer leasing stream (New Homes for Lease). The go-to-market motion is direct-to-consumer, relying on physical sales galleries and model homes at each project site, project-specific microsites, an online registration funnel, and a referral network built over 30+ years. Customer segments are horizontal: growing families (primary), luxury home buyers, and commercial buyers/investors. Pricing is not publicly disclosed; buyers are directed to contact each project's sales team for quotation.
PACE Developments firmographics
Firmographics- Name
- PACE Developments
- Legal name
- PACE Developments Inc.
- Website
- https://pacedevelopments.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PACE Developments is a family-run Ontario luxury home builder developing and selling residential townhomes, detached homes, and condominiums — plus select commercial space — across the Greater Toronto Area and Barrie, serving growing families, luxury buyers, and commercial investors through direct, project-based sales.
- Ownership category
- akta.pro rank
PACE Developments industry classification
Industry- Product category
- Luxury Residential Home Building
- NAICS
- New Housing For-Sale Builders (236117), Residential Building Construction (2361)
- SIC
- Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industries
- Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), New Construction & Builder Sales (BPAJAAAB)
Keywords
Where PACE Developments is headquartered
LocationHeadquarters
- HQ city
- Richmond Hill
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
PACE Developments business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- New Home Sales: Primary revenue stream from the sale of newly constructed luxury homes including towns, detached homes, and condominiums across Ontario.
- Commercial Property Development: Revenue from development and sale of commercial office and retail space.
- New Homes for Lease: Revenue from leasing newly constructed residential properties.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
PACE Developments product offering
Product offeringCore offering
PACE Developments is a family-run Ontario luxury new home builder that constructs and sells residential properties including townhomes, detached homes, and condominiums, as well as commercial office and retail space across the Greater Toronto Area. The company delivers a fully individualized 1-on-1 service covering selection, design, building, and closing, complemented by an in-person Design Boutique and an online Homeowner Portal for construction tracking and document access.
Product overview
PACE Developments is an Ontario-based luxury home builder offering a portfolio of residential and commercial developments across the Greater Toronto Area. The portfolio includes townhome communities (Orchid Square, Julien Court), single-family detached homes (Eden), mid-rise and high-rise developments (TEN88, Urban North), commercial properties (The Mark Condos), and master-planned communities (Eaton Square, Mount Joy). The company provides complementary services including a Design Boutique for personalized home customization, an online design studio for browsing products, and a Homeowner Portal for construction tracking and document access.
Differentiator
Problem solved
Functional benefit
Products and services
- Orchid Square Townhome development located in Markham, Ontario, marketed as a coming soon community of luxury townhome units.
- Julien Court Townhome development located in Vaughan, Ontario. Sold out community.
- Urban North Residential townhome development located in Barrie, Ontario, currently available for sale.
- The Mark Condos Commercial condo development featuring office and retail space located in Markham, Ontario.
- Eden Luxury detached home community located in King City, Ontario.
- TEN88 Luxury residential townhome development located in Toronto, Ontario.
- Eaton Square Residential townhome development located in Richmond Hill, Ontario.
- Mount Joy
Companies that use PACE Developments
Customer profileSegments3 records
Ideal customer profiles3 records
PACE Developments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
PACE Developments partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Andrew PikeminorAndrew Pike, a nationally recognized designer and TV Host, has partnered with PACE Developments to design their finish packages and model homes. This partnership provides design expertise and brand credibility for the company's luxury home offerings.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
PACE Developments competitors and assessment
Company assessmentBroad incumbents
- Tridel: Tridel is a leading GTA condominium and high-rise builder with decades of brand equity, directly comparable to PACE's mid-rise and condominium offerings (TEN88, The Mark Condos). Both serve luxury urban and suburban condo buyers in the Greater Toronto Area.
- Mattamy Homes: Mattamy is Canada's largest privately owned homebuilder with deep GTA presence across single-family, townhome, and condominium product. While it operates at much larger scale than PACE, it competes for the same GTA land and end-buyers in Markham, Vaughan, and surrounding submarkets.
- Menkes Developments:
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
PACE Developments social profiles
Digital presencePACE Developments financial estimates
Financial estimateRevenue estimate
Valuation estimate
PACE Developments leadership team
Management profileNumber of profiles
Profiles1 record
PACE Developments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PACE Developments 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 PACE Developments
What does PACE Developments do?
PACE Developments is a family-run Ontario luxury new home builder that constructs and sells residential properties including townhomes, detached homes, and condominiums, as well as commercial office and retail space across the Greater Toronto Area. The company delivers a fully individualized 1-on-1 service covering selection, design, building, and closing, complemented by an in-person Design Boutique and an online Homeowner Portal for construction tracking and document access.
Is PACE Developments a public or private company?
PACE Developments is a private company. It is classified as family owned and is currently operating.
When was PACE Developments founded?
PACE Developments was founded in 1989. It employs 11 to 50 people.
Where is PACE Developments based?
PACE Developments is headquartered in Richmond Hill, Canada, in the North America region.
How does PACE Developments make money?
Three revenue lines are on record. New Home Sales are the primary driver. The others are commercial Property Development and new Homes for Lease.
Who are PACE Developments's main competitors?
Broad incumbents on record are Tridel, Mattamy Homes and Menkes Developments.
Does PACE Developments have an API?
No public API is recorded for PACE Developments.
What industry is PACE Developments in?
PACE Developments's product category is Luxury Residential Home Building. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of IMAFABAD, Spec Home / Production Homebuilding (Tract & Volume Builders). Its NAICS code is 236117 and its SIC code is 1531.