What Diverse Properties does

Diverse Properties is a privately held, vertically integrated real estate development company founded in 2009 and headquartered in Abbotsford, British Columbia. The company operates through four divisions — Capital, Development, Construction, and Property Management — covering the full real estate lifecycle from land acquisition and financing through construction, sales, and ongoing rental and homeowner management. Across British Columbia, it develops and sells residential product spanning condominiums (Aria, Sage, York Residences, The Yearling), townhomes (The Villas, Iron Horse), and single-family lots (Tunbridge Crossing, Latitude), with product priced from approximately $294,900 for entry-level condos to $719,900+ for resort townhomes. A signature feature across multiple projects is the inclusion of Lumon retractable glass solariums as standard, enabling year-round outdoor living in a region with cool winters.

The company's revenue model blends one-time development revenue (new home sales, lot sales) with recurring or managed-service revenue (commercial leasing at Windsor Industrial Park and Marketplace at Garrison Campus; rental management through Diverse Rentals and Vantage Chilliwack). Go-to-market combines company-owned sales centres, dedicated RE/MAX brokerage partners (Truepeak Realty for Abbotsford projects, Nyda Realty for Chilliwack, Realty Solutions for Osoyoos), and eXp Realty/Oracle Group/Oakwyn Realty channel partners feeding through REALTOR bus tours. Customer segments are horizontally diversified across first-time homebuyers, downsizers, real estate investors, lifestyle/vacation buyers, and custom-home lot purchasers. Post-sale customer engagement is operationalized through a MOXO-powered mobile and web workspace for warranty service requests, walkthrough scheduling, and document access.

Technically, the platform surfaces — Lumon glass enclosures, the MOXO homeowner portal, and integrated project management across four divisions — represent process and partnership strengths rather than proprietary AI or data assets. Construction capacity is supplemented through a strategic builder partnership with Pacific Peak Homes covering Vicarro Skyline, Iron Horse, Chartwell/Stonewater Ridge, and Aquadel Crossing. The company holds two wholly owned subsidiaries (Diverse Storage and Diverse Rentals) and operates an award-winning design portfolio, including the Iron Horse Rooftop Rowhomes which received the 2024 Georgie Award, a National CHBA award, and a Fraser Valley CHBA regional award.

Name

Diverse Properties

Legal name

Diverse Properties

Website

https://diverseproperties.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Diverse Properties is a privately held, vertically integrated real estate developer founded in 2009 in Abbotsford, BC. It builds and sells residential communities — condos, townhomes, and single-family lots — across British Columbia through four divisions covering capital, development, construction, and property management.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Lessors of Residential Buildings and Dwellings (531110)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential real estate development
• Condominium development
• Property management services
• Master-planned communities
• Commercial property leasing

Headquarters

HQ city

Abbotsford

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. New Home Sales: Revenue from development and sale of residential properties including condominiums, townhomes, and single-family homes across BC communities.
2. Commercial Leasing: Revenue from leasing commercial spaces including storage units, retail units, office space, and warehouse facilities in properties such as Windsor Industrial Park and Marketplace at Garrison Campus.
3. Lot Sales: Sale of single-family home lots for custom home building, such as Tunbridge Crossing (70 lots) and Latitude at Tobiano.
4. Property Management: Property management services through integrated operations for rental properties including Vantage Chilliwack rentals and The Villas rentals.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Diverse Properties is a fully integrated real estate development company that designs, builds, and sells residential properties — including condominiums, townhomes, and single-family home lots — across multiple British Columbia communities. The company also develops commercial real estate for lease and operates rental property management through four integrated divisions: Capital, Development, Construction, and Property Management.

Product overview

Diverse Properties is a fully-integrated real estate development company with four divisions: Capital, Development, Construction, and Property Management. The company builds residential communities across British Columbia including single-family homes, condominiums, townhomes, and building lots, with commercial and rental property operations. Core products include: Aria (modern condos with Lumon solariums in Abbotsford), York Residences (condos at Garrison Campus in Chilliwack), Sage (affordable condos in East Abbotsford), Tunbridge Crossing (single-family lots in Mission), and The Villas (Mediterranean-themed townhomes in Osoyoos). The company also operates rental properties, commercial spaces, and provides homeowner care services through a MOXO-powered digital workspace portal. Notable partnerships include Pacific Peak Homes for select developments.

Differentiator

Problem solved

Functional benefit

Products and services

• Aria Condominiums Modern condominium development in Central Abbotsford offering studios, 1-bedroom, 2-bedroom, and 2-bedroom+den homes, each including a Lumon retractable glass solarium with heating. Completion expected in 2027; Buildings 1 and 2 over 75% sold.
• York Residences Apartment-style condominiums at Garrison Campus in Chilliwack, offering studios to 3-bedroom penthouse homes. Features contemporary and traditional architecture with modern finishes and proximity to parks and Vedder River. Over 150 new homeowners welcomed in the past year.
• Sage Condominiums Affordable condominium development in East Abbotsford offering studios to 3-bedroom homes with Lumon retractable solariums, air conditioning, laminate flooring, and premium finishes. Sage 1 and Sage 2 sold out in April 2024. Prices starting from $314,900.
• Tunbridge Crossing Single-family home lot development in Mission's Cedar Valley featuring 70 lots with new incentive pricing offering up to $140,000 off the next 12 lots sold. Nearly 50% sold with construction underway and substantial completion achieved in October 2025.
• Latitude at Tobiano Single-family homesite collection at Tobiano near Kamloops, BC, overlooking Kamloops Lake and GreenTee Country Club. Part of a resort-style destination community presented from a dedicated Latitude Presentation Centre.
• The Villas at Osoyoos Modern Mediterranean-themed townhomes on the shores of Peanut Lake in Osoyoos, with three or four-bedroom homes ranging from 1,585 to 2,100 sq ft. Features private pool club, hot tub, and barbecue facilities, and is also available for rent.
• The Yearling at Iron Horse Condominium project at Iron Horse in Sardis, Chilliwack offering move-in ready homes for modern living, with final 6 homes starting at $294,900.
• Windsor Industrial Park Commercial Leasing Commercial industrial space for lease in Abbotsford, BC, including storage units, retail units, office space, and warehouse facilities.
• Marketplace at Garrison Campus Fully leased commercial retail space at Garrison Campus in Chilliwack, BC, operated as part of Diverse Properties' commercial portfolio.
• Diverse Rentals (Property Management) Rental property management division offering residential rentals including The Villas in Osoyoos and Vantage in Chilliwack, operated as the company's property management arm.
• Homeowner Care Services Comprehensive homeowner support including 2-5-10 warranty program coverage, service request management, 1-year walkthrough assessments, and emergency support covering plumbing, electrical, HVAC, building envelope, and structural components.
• Diverse Storage Self-storage facility available for rent at a Diverse Properties location, operated as a wholly-owned subsidiary.

Quantifiable outcome

• Over 150 new homeowners welcomed at York Residences in past year
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Pacific Peak HomescoreStrategic or Co-development Partner · 1 March 2025Strategic partnership with Pacific Peak Homes as preferred project builder for multiple developments including Vicarro Skyline (50 homesites acquired in March 2025), Iron Horse, Chartwell/Stonewater Ridge, and Aquadel Crossing. Pacific Peak Homes leads first phases of these projects as project builder while Diverse Properties maintains development oversight.
• Cycle 5 to Survive (C5TS)minorGTM or Marketing PartnerP.L. Meindertsma (Diverse partner) and wife Kristen founded Cycle 5 to Survive, a 5-year mission to ride 5 continents and raise $2.5M for 5 charities. Diverse Properties supports this initiative as a corporate sponsor while benefiting from associated PR and community goodwill.
• Ruth and Naomi's MissionminorGTM or Marketing PartnerDiverse Properties is title sponsor for the annual Ride4RAN event benefiting families in Chilliwack struggling through poverty, homelessness, and addiction. Company employees also participate in the 40km ride, raising funds for the charity.
• Run for WaterminorGTM or Marketing PartnerDiverse Properties is title sponsor for Ride4Water Event, creating gravel cycling events to raise money for rural communities in Ethiopia. Gravel grinding cycling events focus on adventure and long-distance riding over mixed terrain.
• Fraser Valley Mountain Bikers Association (FVMBA)minorGTM or Marketing PartnerPlatinum sponsor of FVMBA, supporting development and maintenance of mountain biking trails in the Fraser Valley. Aligns with company belief in healthy work-life balance and physical activity.
• Abbotsford Police FoundationminorGTM or Marketing PartnerProud supporter of APF's mission to reduce crime and build relationships within Abbotsford through programs facilitating positive law enforcement-resident interactions.
• North Okanagan Cycling ClubminorGTM or Marketing PartnerNew sponsor as Diverse Properties expands into Vernon BC. Supports local cycling community, establishing connections in new market areas surrounding future neighbourhoods.
• eXp Realty CanadaminorChannel Partner/ Reseller/ DistributorReal estate brokerage partner for REALTOR® Bus Tours, offering first-hand looks at projects in Abbotsford and Chilliwack. Co-sponsored DOMINATE 2025 alongside Randy Dyck and The Align Group.
• Oracle GroupminorChannel Partner/ Reseller/ DistributorReal estate brokerage partner for May 2025 REALTOR® Bus Tour showcasing Diverse Properties projects to industry professionals.
• Oakwyn RealtyminorChannel Partner/ Reseller/ DistributorReal estate brokerage partner for REALTOR® Bus Tours, participating in industry events showcasing Diverse Properties projects.
• South Okanagan Property ManagementminorChannel Partner/ Reseller/ DistributorProperty management partner for The Villas rentals in Osoyoos. Contact: Pam Thompson, Licensed Property Manager, managing rental listings and tenant relations for the 54-unit Mediterranean-themed townhome community.
• RE/MAX Nyda RealtycoreChannel Partner/ Reseller/ DistributorSales partner for York Residences at Garrison Campus. Agents Scott McVetty, Jim Banser, and Wendy Tyson represent the project as dedicated sales team.
• RE/MAX Truepeak RealtycoreChannel Partner/ Reseller/ DistributorSales partner for Aria and Sage projects. Wendy Tyson serves as Sales Manager, managing sales operations and client relations for these key Abbotsford developments.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Polygon Homes: One of BC's largest residential homebuilders, with a multi-decade track record of building condominiums and townhomes across Metro Vancouver, Vancouver Island, and the Fraser Valley. Direct competitor in BC multi-family for-sale housing at similar price points.
• Adera Development Corp: Vancouver-based residential developer with deep presence in Greater Vancouver and the Fraser Valley, building wood-frame condos and townhomes. Directly comparable to Diverse in product type (multi-family for-sale), BC geography, and first-time buyer focus.
• Anthem Properties: Vancouver-based integrated real estate developer building master-planned residential communities, condos, and townhomes across BC. Comparable in master-planned community approach, multi-family product mix, and integrated development model.
• Vesta Properties: BC-based residential developer focused on multi-family condos and townhomes in Metro Vancouver, the Fraser Valley, and the Okanagan (including Osoyoos). Closely comparable to Diverse in product mix, BC-only footprint, and overlapping Okanagan market.
• Tien Sher Group of Companies: BC-based residential developer building wood-frame condos and townhomes primarily in Metro Vancouver and the Fraser Valley. Closely comparable in product type, buyer segment, and BC-only geographic focus.
• Wesgroup Properties: BC-focused developer with substantial Fraser Valley presence, building master-planned communities and multi-family product. Direct competitor in master-planned community development and the same geographic markets.

Broad incumbents

• Beedie Development Group: BC-based integrated real estate company developing industrial, residential, and mixed-use projects. Comparable in BC focus and master-planned community development, but broader industrial and commercial mix than Diverse.
• Concord Pacific: Canada's largest residential community builder, with deep BC presence. Competitor in master-planned, multi-family, and condo development but operates at national scale and in far larger master-planned projects.
• Onni Group: Large Vancouver-based real estate group developing residential, commercial, and mixed-use projects across BC and the US. Overlaps with Diverse in multi-family and mixed-use development but operates at a much larger scale and broader portfolio.

Emerging players

• Dayhu Group of Companies: BC-based developer of multi-family residential projects, including condo and townhome communities in the Fraser Valley and Okanagan. Comparable in product type and regional focus, though operating at a smaller scale than Diverse.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/Diverse_Prop
• YouTubeyoutube.com/@DiverseProperties
• Facebookfacebook.com/DiverseProperties
• LinkedInlinkedin.com/in/diverseproperties
• Instagraminstagram.com/diverseproperties
• TikToktiktok.com/@diverseproperties

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

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 Diverse Properties