What Collecdev Markee does

Collecdev Markee (legal entity Collecdev Inc.) is a privately held Toronto-based real estate developer founded in 2016 that builds residential communities across the Greater Toronto Area. The company operates a portfolio of 19+ communities spanning condominiums (Cielo, Nørdic, TRETTI, 38 Broadway, Westwood Gardens, 22 Balliol, West Block), purpose-built rental communities (Tyndale Green, 86 Lynn Williams, Tippett Park, Midtown Rental Community), and mixed-use developments — collectively representing thousands of units across various stages of construction and development. The company's core technology differentiator is the systematic deployment of geothermal heating and cooling systems across communities, which deliver ~70% greenhouse gas reduction, ~40% energy savings versus traditional HVAC, and 5+ million litres of water saved annually per building, supported by a 30-year fixed performance guarantee. This is complemented by a broader sustainable building technology suite (ECOPact low-carbon concrete, thermal envelopes, bird-friendly glazing, ERVs, EV charging, rainwater harvesting) and a human-centred, multi-layered design approach delivered through partnerships with leading Canadian architectural firms including KPMB Architects, gh3*, ERA Architects, and Studio JCI.

The company executes end-to-end through its own construction subsidiary (Collecdev Construction), giving it control over quality, schedules, and costs across the development pipeline. Its revenue model combines one-time revenue from condominium unit sales (recognized at closing), recurring rental income from purpose-built rental communities, and construction services revenue. Its primary customer segments are move-up buyers, first-time homebuyers (accessed via the Collecdev H.O.M.E. affordability program with payment/interest-free down payment assistance), downsizers, and young professionals, with a secondary segment of investors. Distribution is direct-to-consumer through branded presentation centres and dedicated sales teams, supplemented by broker/agent referral partnerships and a specialized Customer Care Team managing the pre-construction through post-delivery lifecycle. Pricing is not publicly disclosed and is handled through per-project sales consultation. The company holds HCRA licenses and Tarion warranty enrollment, and partners with the City of Toronto, CreateTO, and three levels of government on affordable housing initiatives, including landmark joint ventures with Tyndale University (Tyndale Green) and St. Monica's Parish (38 Broadway).

Name

Collecdev Markee

Legal name

Collecdev Inc.

Website

https://collecdevmarkee.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Collecdev Markee is a Toronto-based privately held real estate developer building a 19+ community portfolio of sustainable condominiums and purpose-built rentals across the Greater Toronto Area, differentiated by geothermal heating/cooling systems and serving move-up buyers, first-time buyers, downsizers, and young professionals.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

New Development / Declarant Transition Management (BPAJAHAK)

Keywords

• Residential real estate development
• Condominium construction
• Purpose-built rental housing
• Geothermal building systems
• Affordable housing development

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Condominium Sales: Primary revenue from development and sale of condominium units across GTA communities including Cielo, Nørdic, TRETTI, Westwood Gardens, 22 Balliol, 38 Broadway, West Block, and others. Revenue recognized upon closing.
2. Purpose-Built Rental Communities: Revenue from rental income at purpose-built rental properties including Tyndale Green (1,510 homes with 239+ affordable rents), Midtown Rental Community, Scarborough Rental Community, and others. Ongoing recurring rental revenue.
3. Construction Services: Collecdev Markee Construction subsidiary provides construction services for own developments with ownership of entire building process for greater control over quality, schedules, and costs.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Collecdev Markee develops, markets, and sells residential condominium and purpose-built rental communities across the Greater Toronto Area, with an in-house construction subsidiary (Collecdev Construction) that builds its own projects end-to-end. Its communities are differentiated by geothermal heating and cooling systems, Toronto Green Standards-certified sustainable building practices, and the Collecdev H.O.M.E. affordability program that provides payment/interest-free down payment assistance to first-time buyers. The company manages full homeowner relations through a dedicated Customer Care Team from pre-construction through post-delivery.

Product overview

Collecdev Markee is a Toronto-based real estate development company that builds residential communities across the Greater Toronto Area. Their portfolio consists of multiple distinct residential development projects across different categories: condominiums (Nørdic Condos, Cielo Condos, 38 Broadway, Westwood Gardens, 22 Balliol, TRETTI Condos, West Block), purpose-built rental communities (Tyndale Green, Tippett Park, Tippett Park Two, Midtown Rental Community, 86 Lynn Williams), and mixed-use developments. The company emphasizes sustainable building practices including geothermal heating/cooling systems, and social sustainability initiatives such as the Collecdev H.O.M.E. affordable housing program. Their communities are designed around three pillars: Social Sustainability, Experiential Design, and Environmental Stewardship.

Differentiator

Problem solved

Functional benefit

Brands

• Collecdev Construction: The construction division of Collecdev Markee that manages projects from initial design and planning through construction and beyond.

Products and services

• Tyndale Green A transformative joint venture mixed-use development between Tyndale University and Collecdev Markee featuring 1,510 new homes (including at least 239 affordable rental units), two new public parks, a new daycare facility, and geothermal heating and cooling. Located on Bayview Avenue in Toronto.
• Nørdic Condos A 12-storey Scandinavian-inspired condominium development in Wilson Heights featuring 437 units with geothermal heating/cooling, embracing the Friluftsliv philosophy of outdoor living. Eligible for the Collecdev H.O.M.E. affordability program.
• Cielo Condos A statement of refined architectural modernism at 300 Bloor Street West in the Annex neighbourhood, featuring luxury residences above a restored 19th-century neo-Gothic church, designed by KPMB Architects.
• 38 Broadway A 44-storey mixed-use development in partnership with St. Monica's Parish featuring 398 condominium units integrated with a modern 2,564 sqm church, located in the Yonge and Eglinton area. Eligible for the Collecdev H.O.M.E. affordability program.
• Westwood Gardens A 15-storey development in Richmond Hill featuring modern architecture, geothermal energy systems, townhomes with private entrances, and comprehensive amenities including sports court, fitness centre, and rooftop terraces. Designed by KIRKOR Architects.
• 22 Balliol A 38-storey residential tower in Davisville co-developed with Shiplake Properties and designed by gh3*, featuring 420 residences with over 20,000 square feet of indoor and outdoor amenities including three landscaped rooftops.
• TRETTI Condos A 13-storey Scandinavian-inspired development in Wilson Heights featuring 50 affordable residences as part of the Collecdev H.O.M.E. program, geothermal heating/cooling, and extensive outdoor terraces and courtyards.
• West Block The second phase of Westwood Gardens - a 14-storey building with 431 condominium homes, designed by Studio JCI, featuring extensive indoor and outdoor amenity spaces.
• 86 Lynn Williams A 44-storey mixed-use building in Liberty Village co-developed with Shiplake Properties, offering 553 purpose-built rental units, heritage property refurbishment by ERA Architects, retail spaces, and a pedestrian atrium connecting to the surrounding area.
• 3400 Dufferin A development project under construction as part of Collecdev Markee's portfolio of communities in the Greater Toronto Area.
• Tippett Park (Phase 1) Phase 1 of the Tippett Park rental community in the Tippett Regeneration Area, part of Collecdev Markee's affordable housing portfolio delivered with government partners.
• Tippett Park Two Phase 2 of the Tippett Park rental community in the Tippett Regeneration Area, expanding the company's affordable rental portfolio.
• Midtown Rental Community A midtown Toronto purpose-built rental community within Collecdev Markee's broader rental portfolio, delivering ongoing rental housing.
• Lillian Park A community development project within Collecdev Markee's portfolio of Greater Toronto Area residential communities.
• Balliol Park A community development project within Collecdev Markee's portfolio, previously recognized with a City of Toronto 2018 Affordable Housing Champions award for Balliol Park.
• Collecdev Construction Services The construction division of Collecdev Markee that manages projects from initial design and planning through construction and beyond, providing in-house construction services for the company's own residential developments with greater control over quality, schedules, and costs.
• Collecdev H.O.M.E. (Home Ownership Made Easy) Affordability program providing payment- and interest-free down payment assistance loans to first-time homebuyers. Homebuyers pay up to 6.5% down vs traditional 20% requirement. The loan remains payment/interest-free as long as the homeowner resides in the condominium. Applied at Nørdic and 38 Broadway.

Quantifiable outcome

• 70% reduction in greenhouse gas emissions through geothermal systems
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

18 partnerships are on record, tiered core, major and minor.

• Tyndale UniversitycoreStrategic or Co-development PartnerGroundbreaking joint venture for Tyndale Green mixed-use development on Bayview Avenue. One of the largest privately delivered affordable housing projects on private land in Toronto with 1,510 homes including 239+ affordable rental units, daycare, parks, and heritage preservation.
• St. Monica's Parish / Archdiocese of TorontocoreStrategic or Co-development Partner38 Broadway redevelopment integrating new St. Monica's Roman Catholic Church (2,564 sqm with 25m steeple) with 44-storey residential tower (398 units) at Yonge and Eglinton. Partnership selected from 12 developers via RFP.
• KPMB ArchitectscoreStrategic or Co-development PartnerWorld-class architectural firm responsible for design of Cielo (300 Bloor Street West), Tyndale Green, and 38 Broadway. Over 300 awards including 16 Governor General's Medals. Founding partners Bruce Kuwabara, Marianne McKenna, Shirley Blumberg all Order of Canada recipients.
• gh3*coreStrategic or Co-development PartnerAward-winning design firm responsible for Nørdic Condos architecture and 22 Balliol design. Known for human-centred, sustainable architectural solutions.
• Residential Development Services (RDS)coreChannel Partner/ Reseller/ DistributorSales partner for Cielo Condos with decades of combined experience representing industry-leading developers. Portfolio represents over $6.5 billion in sales and 13,000+ home transactions.
• Montana SteelecoreGTM or Marketing PartnerToronto-based strategic marketing agency, North America's leading agency for new homes and condo developments. In 25 years has launched nearly 1,000 successful projects in 30 cities for major developers.
• Rafael + Bigauskas ArchitectsmajorStrategic or Co-development PartnerExecutive architect for 38 Broadway project, collaborating with KPMB on the mixed-use church and residential development.
• KIRKOR Architects and PlannersmajorStrategic or Co-development PartnerArchitectural firm responsible for Westwood Gardens design at 8868 Yonge Street in Richmond Hill, featuring modern stone-clad building envelope.
• Janet Rosenberg & StudiomajorStrategic or Co-development PartnerAward-winning landscape architecture firm for Cielo Condos. Over 40 years creating gardens for institutional, corporate and private clients including HTO Park, Niagara-on-the-Lake's Jackson-Triggs winery, and Rideau Hall master plan.
• ERA ArchitectsmajorStrategic or Co-development PartnerCanada's foremost heritage architectural practice responsible for restoration and renewal of historic buildings. Heritage architect for 86 Lynn Williams project preserving and refurbishing heritage property.
• Melbourne Property ManagementmajorImplementation/ SI/ Consulting PartnerToronto-based property management firm with over 100 years combined industry experience managing Nørdic Condos, handling move-in coordination, elevator bookings, and resident services.
• Fortune PDImajorImplementation/ SI/ Consulting PartnerTrusted third-party Pre-Delivery Inspection company reaching out to schedule PDI appointments before occupancy dates, conducting suite inspections and providing warranty certificates.
• Shiplake PropertiescoreStrategic or Co-development PartnerCo-developer with Collecdev Markee for 86 Lynn Williams project in Liberty Village, delivering 553 purpose-built rental units with heritage preservation.
• Shiplake PropertiescoreStrategic or Co-development PartnerCo-developer for 22 Balliol project at Davisville, partnering with Collecdev Markee for 420 residences in 38-storey tower designed by gh3*.
• Studio JCImajorStrategic or Co-development PartnerDesigner for West Block, second phase of Westwood Gardens in Richmond Hill. 14-storey building with 431 condominium homes drawing inspiration from surrounding community.
• Troy Lovegates (Street Artist)minorStrategic or Co-development PartnerWorld-renowned street artist creating ArtworxTO mural at 414 Dupont Street. 120-foot technicolour mural part of City of Toronto's public art initiative featuring local residents.
• Berndnaut SmildeminorStrategic or Co-development PartnerDutch artist known for hyper-realistic cloud installations. His Nimbus installations inspired Cielo's ethereal brand identity and marketing campaign. Original photo resides at London's Saatchi Gallery.
• Ailsa CraigenminorStrategic or Co-development PartnerToronto-based illustrator and trained architect creating signature ink sketch style renderings of Cielo for Pen to Papier collaboration.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Brookfield Residential: Canadian homebuilder (part of Brookfield Asset Management) developing single-family and multifamily communities across Ontario including the GTA. Comparable in product type and geography but with materially larger balance sheet and broader portfolio.
• Mattamy Homes: Largest privately owned homebuilder in North America, with significant GTA single-family and townhome operations and growing high-density presence. Broader incumbent that overlaps Collecdev's GTA product offering but operates at much larger scale and geographic breadth.

Direct peers

• Great Gulf: GTA residential developer of low-rise and high-rise communities with an emphasis on design and sustainability (LEED). Comparable in GTA focus, product mix, and design-led positioning.
• Capital Developments: Toronto-headquartered residential and mixed-use developer with a portfolio of boutique high-rise condominiums. Comparable in GTA focus and design-driven condo product.
• Menkes Developments: Toronto-based family-owned developer of condominiums, rental, and mixed-use communities across the GTA. Closely comparable in geography, product mix (condo + purpose-built rental), and integrated development approach.
• The Daniels Corporation: GTA-focused residential developer with a strong community-building ethos and ArtWalk program. Comparable in scale, GTA geography, and focus on human-centred, master-planned communities.
• Tribute Communities: GTA-based developer of condominium, townhome, and master-planned communities. Comparable in geography, mid-rise/high-rise product, and target buyer segments including first-time buyers.
• Tridel: One of the GTA's largest condominium developers with a multi-decade track record of mid- and high-rise residential projects. Directly comparable in product category, customer base (GTA move-up and first-time buyers), and sales-led GTM through presentation centres.
• Northam Realty: Toronto-based residential developer focused on mid- and high-rise condominium projects in the GTA. Comparable in scale, GTA geography, and sales-led condo GTM.
• Pemberton Group: Toronto-based developer of high-rise condominiums and master-planned communities across the GTA. Comparable in product category, target customer (move-up buyers and investors), and direct-sales GTM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/collecdevto
• Facebookfacebook.com/collecdev
• LinkedInlinkedin.com/company/collecdev-markee
• Instagraminstagram.com/collecdev

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Collecdev Markee