Averton Group of Companies

What Averton Group of Companies does

Averton Group of Companies is a privately held, family-owned Canadian home builder, community developer, and construction manager, now in its third generation of operation and founded circa 1958-1960. The company is headquartered in Edmonton, Alberta, with a regional office in Vaughan, Ontario, and operates across two provinces: Alberta and Ontario. Averton has developed thousands of acres of land and over 10,000 homes over six decades, with an active portfolio spanning for-sale townhomes (Pivot in Rutherford, Midtown District in St. Albert, Parkside Urban Towns in Kitchener, Village Green in Mount Albert), purpose-built rental communities (Echo in St. Albert, Rowan in SW Edmonton, Niagara Falls in Ontario), and a live/work commercial-residential product (Village Green Live/Work Towns). For-sale prices range from approximately $436,900 to $750,000+, while rental townhomes are priced from $1,795 to $2,195/month. Underlying construction is delivered through outsourced trades under Averton's project and construction management oversight.

The company operates three revenue streams: for-sale residential development (one-time unit sales), purpose-built rental (recurring rental income), and construction management services to partners. Averton runs a sales-led go-to-market through physical show homes, presentation centres, and dedicated leasing offices, supplemented by per-community websites, MLS/Realtor.ca listings, and digital marketing. Its differentiated operational model integrates development, architecture, and interior design in a unified structure, supported by three generations of expertise in local government approvals, construction, and regional market dynamics. The business is privately owned, with no disclosed institutional investors, parent company, or public listing. Averton has accumulated an extensive awards record including BILD Alberta Pinnacle Builder of the Year (2021), BILD GTA Pinnacle International Project of the Year for both Midtown and Pivot (2022), CHBA National Design Excellence and Builder of the Year (2019, 2022), and ongoing regional recognition through 2026, alongside long-standing community partnerships with Full House Lottery (25+ years, $80M+ raised), Habitat for Humanity Edmonton, the Province of Alberta, and the City of St. Albert.

Strategic positioning is shifting from a traditional for-sale builder to a hybrid for-sale/built-to-rent operator, evidenced by a pipeline of nearly 1,000 purpose-built rental units in immediate development. Customer concentration is low, as revenue is generated from hundreds of individual unit transactions across multiple Alberta and Ontario communities. The company maintains compliance with Ontario's Home Construction Regulatory Authority (HCRA) and pursues community-engagement initiatives (the "Building for Champions" program for essential workers, per-home donations to Lois Hole Hospital for Women). No AI/ML capabilities, proprietary technology platforms, or external funding rounds are disclosed in the available data.

Name

Averton Group of Companies

Legal name

Averton

Website

https://averton.ca

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

11–50 employees

Short description

Averton Group of Companies is a third-generation, privately held Canadian home builder, community developer, and construction manager designing for-sale townhomes, purpose-built rentals, and live/work communities across Alberta and Ontario, serving individual homebuyers, renters, and essential workers.

Ownership category

akta.pro rank

Product category

Residential Home Building

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Property Managers (531311), Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

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), Single-Family Home Construction (Detached Homes) (IMAFABAA), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential home building
• Community development
• Purpose-built rentals
• Townhome construction
• Construction management

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. For-Sale Residential Development: Averton designs and builds detached single-family homes and townhomes for sale across Ontario and Alberta. Revenue is generated through the sale of completed homes and pre-sales during development.
2. Purpose-Built Rental: Averton develops and manages modern, sustainable purpose-built rental communities across high-demand markets in Alberta and Ontario. Nearly 1,000 new rental units are in the immediate development pipeline.
3. Construction Management: Averton provides land development and construction management services to partners, backed by three generations of industry knowledge in local government, construction and market dynamics.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Averton designs, builds, and sells detached single-family homes and townhomes for purchase, develops and manages purpose-built rental townhome communities, and provides land development and construction management services. The company delivers master-planned communities with integrated architecture and interior design across Alberta and Ontario, with nearly 1,000 new rental units in its active development pipeline.

Product overview

Averton Group of Companies is an experienced award-winning home builder, community developer, and construction manager operating across Alberta and Ontario. The company offers a portfolio of residential products including for-sale townhomes (Pivot, Midtown District, Parkside Urban Towns), purpose-built rental communities (Echo, Rowan, Niagara Falls), and live/work commercial townhomes (Village Green). Averton develops master-planned communities with integrated development, architecture, and interior design, having built over 10,000 homes across six decades of operation.

Differentiator

Problem solved

Functional benefit

Products and services

• Midtown District Master-planned for-sale townhome community in St. Albert, Alberta offering bungalow and terrace townhomes in the Boulevard Collection with rooftop terraces and main floor primary bedrooms, targeted at families and individuals seeking ownership.
• Echo Rental Residences Modern purpose-built rental townhome community with 50 units located within Midtown in St. Albert, Alberta, featuring private rooftop terraces, expansive windows, and spacious kitchens in 2 and 3-bedroom configurations.
• Rowan Rental Residences Purpose-built rental townhome community with 70 Scandi-inspired 2 and 3-bedroom units in Creekwood Chappelle, Southwest Edmonton, marketed to renters seeking quality modern housing.
• Pivot Townhomes For-sale townhome community in Rutherford, Southwest Edmonton featuring modern 3-storey townhomes with rooftop terraces backing onto a protected forest reserve, with final homes available from $703,900.
• Parkside Urban Towns Multi-phase urban stacked townhome project with 314 units in Kitchener, Ontario, located in Laurentian Commons with highway and transit access.
• Niagara Falls Rental Community New purpose-built rental community with 112 units on McLeod Road in Niagara Falls, Ontario, located minutes from Niagara Falls attractions.
• Village Green Live/Work Towns Limited collection of 10 commercial live/work townhomes in Mount Albert, Ontario offering flexible open-concept layouts with prime street frontage designed for entrepreneurs and small business owners.
• Construction Management Services Professional land development and construction management services provided to partners, leveraging three generations of expertise in local government processes, construction execution, and market dynamics.

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and flagship.

• Habitat for Humanity EdmontoncoreStrategic or Co-development Partner · 1 January 2024In 2024, Averton partnered with Habitat for Humanity Edmonton to build four new homes in their Midtown, St. Albert community, which took possession in April 2025. Partnering with the Province of Alberta and the City of St. Albert on the initiative, Averton is committed to help fulfill the dream of homeownership for families in our communities.
• Province of AlbertacoreStrategic or Co-development Partner · 1 January 2024Government partner in the Habitat for Humanity initiative to build four homes in Midtown, St. Albert community. Partnership demonstrates commitment to affordable housing and community development.
• City of St. AlbertcoreStrategic or Co-development Partner · 1 January 2024Municipal partner in the Habitat for Humanity initiative to build four homes in Midtown, St. Albert community. Partnership supports local affordable housing goals.
• Full House LotteryflagshipStrategic or Co-development PartnerFor over 25 years the Full House Lottery has raised over $80 million to support Royal Alexandra Hospital Foundation and University Hospital Foundation in Edmonton. Averton has designed and built 6 Grand Prize Homes for the Full House Lottery, including the 2024 Grand Prize 2 Home – The Boulevard. Supports cancer surgery, dementia care, and Alzheimer's research.
• Royal Alexandra Hospital FoundationcoreOthersBeneficiary of Full House Lottery donations. For over 25 years, the lottery has raised over $80 million supporting new operating theatre for cancer surgery and hospital care for patients with dementia at the Lois Hole Hospital for Women.
• University Hospital FoundationcoreOthersBeneficiary of Full House Lottery donations. Supports research towards life-changing Alzheimer’s treatments at the University Hospital.
• Lois Hole Hospital for WomencoreOthersFor every home that is purchased in Edmonton and/or the surrounding regions, a donation is given to the Lois Hole Hospital for Women. Also supported through Full House Lottery proceeds for cancer surgery and dementia care.
• Home Construction Regulatory Authority (HCRA)coreOthersAverton Ontario communities are licensed through the Home Construction Regulatory Authority (HCRA). View licenses available on website.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Jayman Built: Award-winning Alberta (Calgary/Edmonton) home builder with similar townhome and multi-family product. Comparable to Averton in Alberta market positioning, product mix, and award-winning brand.
• Homes by Avi: Calgary-based home builder competing in the same Alberta market. Comparable to Averton in single-family and townhome for-sale product, family-owned structure, and award-winning brand.
• Star Residential (Starlight Investments): Canadian rental housing operator and developer with multi-family rental communities across Canada. Comparable to Averton in purpose-built rental product and development pipeline.

Broad incumbents

• Brookfield Residential: Large-scale master-planned community developer operating in Alberta and Ontario. Directly comparable to Averton in master-planned community design and Alberta/Ontario footprint, with a larger capital base.
• Tridel: Toronto-focused condominium and multi-family builder/developer. Comparable to Averton in multi-family residential product and Ontario presence, though condo-focused rather than townhome/rental.
• Boardwalk REIT: One of Canada's largest residential landlords operating in Alberta and Ontario. Comparable to Averton in multi-family rental exposure in the same two provinces and modern rental townhome product.
• Dream Unlimited: Canadian real estate developer with community development and rental operations across multiple provinces. Comparable to Averton in community development scale and integrated build-plus-hold model.

Direct peers

• Minto Group: Multi-family and for-sale home builder and developer with a strong focus on Ontario and Ottawa-area master-planned communities. Comparable to Averton in townhome/for-sale product, integrated development, and rental operation.
• Mattamy Homes: Canada's largest privately owned homebuilder delivering single-family and townhome communities across multiple provinces. Comparable to Averton in build-for-sale townhome/single-family product, multi-province footprint, and master-planned community model.

Emerging players

• RMG Residential / RMG Homes: Alberta-based community builder with for-sale homes and rental product. Comparable to Averton in Edmonton-area townhome communities and rental-residence product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/avertonhomes
• Facebookfacebook.com/avertonhomes
• LinkedInlinkedin.com/company/averton-group-of-companies

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 Averton Group of Companies