The Silver Group

What The Silver Group does

The Silver Group is a privately held, family-owned property management company headquartered at 1390 Clyde Avenue in Ottawa, Ontario. Founded by Howard Silver (who transitioned from a Retail Management career into property acquisitions and management), the company has operated for over 15 years under continuous founder ownership and runs two business lines: ownership and management of multi-unit residential rental properties, and third-party management of commercial properties.

On the residential side, The Silver Group owns and operates an Ontario portfolio of approximately 500+ apartment and townhouse units spanning five cities. Named assets include Ogilvie Gardens (240 units, Ottawa east-end), The Chelsea (109 units, 10-storey building, St. Catharines), Cambridge Gardens (85 units, Sault Ste. Marie), Byron Apartments (41 units, Ottawa Westboro), Sheridan Green Townhomes (32 units, Brockville), and additional townhome and apartment properties across Ottawa and Sault Ste. Marie. Units range from 1-bedroom apartments to 4-bedroom townhomes, with features including on-site management, video surveillance, elevator access, and pet-friendly accommodations. Rents are not publicly disclosed, vary by unit type and city, and are collected monthly, primarily through the Tenant Pay (residentpay.com) online system with a 2% early payment discount incentive.

On the commercial side, the company provides full-service third-party property management (leasing, marketing, accounting, financial reporting, investment oversight) for 11 commercial properties consisting of strip malls and community plazas across Ottawa and Guelph, with property sizes ranging from 8,000 to 85,000 sq. ft. The flagship commercial asset — Stone Square in Guelph — is a fully leased, 85,343 sq. ft. Class A property owned outright by The Silver Group and anchored by national tenants including McDonald's, East Side Mario's, and Reitmans. Revenue is therefore a mix of recurring residential rent, owned-commercial net operating income, and commercial management fees. The go-to-market is direct-to-consumer via the company website (location-specific pages per city), with phone-based lead capture, downloadable PDF applications, and on-site rental offices in each operating city; no public marketing spend, advertising channels, or institutional capital are disclosed.

Name

The Silver Group

Legal name

The Silver Group

Website

https://thesilvergroup.ca

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

The Silver Group is a family-owned Ottawa-based property management company operating residential apartment and townhouse rentals across Ontario and providing third-party commercial property management for 11 strip malls and plazas in Ottawa and Guelph.

Ownership category

akta.pro rank

Product category

Residential and Commercial Property Management

NAICS

Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Services to Buildings and Dwellings (5617)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Residential property management
• Apartment rentals
• Commercial property management
• Townhouse rentals
• Ontario real estate

Headquarters

HQ city

Ottawa

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Rental: Monthly rental income from multi-unit residential properties across Ontario. Properties include apartments and townhouses in Ottawa, Brockville, St. Catharines, and Sault Ste. Marie. Revenue collected through Tenant Pay online system with early payment discount options.
2. Commercial Property Management: Third-party management fees for commercial properties. The company manages 11 commercial properties including strip malls and community plazas across Ottawa and Guelph. Also includes property ownership income from owned commercial assets.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

The Silver Group owns and manages multi-unit residential rental properties (apartments and townhouses) across Ontario and provides third-party management services for commercial strip malls and community plazas in Ottawa and Guelph. Residential offerings span 11 named properties across Ottawa, Brockville, St. Catharines, and Sault Ste. Marie, with rents billed monthly and supported by 24-hour emergency maintenance, online rent payment (Tenant Pay), and downloadable rental applications. Commercial services include leasing, marketing, accounting and financial reporting, and investment property oversight, with 11 managed commercial properties ranging from 8,000 to 85,000 sq. ft.

Product overview

The Silver Group is a family-owned property management company offering two core services: residential rental property management (apartments and townhouses across Ontario cities including Ottawa, Sault Ste. Marie, St. Catharines, and Brockville) and commercial property management (third-party management of strip malls and plazas in Ottawa and Guelph). The residential portfolio includes 11 named properties ranging from 41-unit apartment buildings to 240-unit complexes, while the commercial portfolio manages 11 properties including the 85,343 sq. ft. Class A Stone Square in Guelph which they own outright.

Differentiator

Problem solved

Functional benefit

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Minto Apartment REIT: Toronto-based multifamily REIT focused on high-quality rental apartments in Ontario, Quebec, Alberta, and British Columbia. Closely comparable in Ontario-centric portfolio construction and similar tenant demographics to The Silver Group's Ottawa-led apartment portfolio.
• Northview Apartment REIT: Canadian multifamily REIT operating in secondary and northern markets across Canada, with a portfolio focused on apartments, townhomes, and single-family rentals. Comparable to The Silver Group's footprint in smaller Ontario markets such as Brockville and Sault Ste. Marie.
• Killam Apartment REIT: Canadian multifamily REIT owning and operating apartments and townhomes across Atlantic Canada, Ontario, Alberta, and British Columbia. Directly comparable to The Silver Group's strategy of owning well-located multifamily and townhome rental communities in mid-sized Canadian markets.
• Starlight Investments: Privately held Canadian real estate company owning and managing a large multifamily portfolio across Canada, including Ontario. Comparable as a private, founder-influenced Canadian residential landlord operating at meaningfully larger scale than The Silver Group.
• Boardwalk REIT: One of Canada's largest residential landlords with over 30,000 multifamily units across Alberta, Saskatchewan, Ontario, Quebec, and British Columbia. Comparable as a Canadian multifamily owner-operator with similar exposure to rental housing fundamentals and regulation.
• CAPREIT (Canadian Apartment Properties REIT): Canada's largest publicly traded multifamily REIT with a portfolio of roughly 65,000 units across Canada, including a significant presence in Ontario. Directly comparable to The Silver Group's owned/managed multifamily apartment business and faces similar Ontario rent regulation dynamics.

Broad incumbents

• CBRE Limited (Canada): Global commercial real estate services and investment firm operating across Canada with property management for retail, office, and industrial assets. Comparable to The Silver Group's third-party commercial management offering as a much larger incumbent in the same service category.
• Dream Unlimited: Diversified Canadian real estate company with significant Ontario multifamily development and ownership operations, plus asset management. Comparable as a broader incumbent operating in Ontario residential real estate at much larger scale.
• Morguard Corporation / Morguard REIT: Canadian real estate company with a diversified portfolio of multifamily, retail, office, and hotel assets across Canada and the U.S. Comparable as a larger, established owner of both residential and commercial properties, including exposure to Ontario.
• Colliers International (Colliers Project Leaders): Global commercial real estate services firm with property management capabilities for retail, office, and industrial assets in Canada. Comparable as a third-party commercial property manager serving the same strip-mall and plaza owner segment in Ottawa and Southwestern Ontario.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-silver-group-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 The Silver Group