Schembri Group of Companies

What Schembri Group of Companies does

Schembri Group of Companies operates as E Squared Developments, a privately-held real estate development company founded in 2001 and headquartered at 401 Fountain Street N, Cambridge, Ontario. The company develops high-quality residential, commercial, industrial, retail, and medical real estate across Southern Ontario, with a portfolio spanning over 13,500 suites built or in development across 90 rental and condo buildings. Executed projects total more than $1 billion in value, with a current development pipeline valued at $9 billion, including projects ranging from low-rise buildings to planned 60-storey high-rises. The company employs cast-in-place concrete construction with precast panels and large window walls in its higher-density projects, and targets prime locations throughout Waterloo Region, Guelph, Hamilton, Kitchener, Cambridge, Milton, Brantford, and Oshawa.

The company's product lines span four primary verticals: luxury condominium developments (e.g., URL Condos, West Peak, Oshawa), purpose-built rental communities (e.g., 81-85 Bridgeport Road E with 553 units, 5 Rittenhouse with 105 units), purpose-built student housing (1 Columbia Street West with 74 units serving 370 tenants), and medical/professional facilities (31 Kingsbury Drive, a 60,000+ sq ft medical centre). Notable projects include the award-winning 1 Columbia Street West (ranked top student housing in Ontario) and 31 Kingsbury (described as the top medical centre in Waterloo Region).

The business model combines two revenue streams: one-time condominium sales to individual buyers and recurring rental income from purpose-built rental and student housing assets. The company markets and sells directly to end-users through its corporate office, website inquiry system, and direct phone/email contact, with no third-party channel intermediaries. Pricing is quote-based and not publicly disclosed. The senior management team brings approximately 160 years of combined construction and development experience to operations. The company is privately held with no disclosed funding rounds, acquisitions, or parent company affiliations.

Name

Schembri Group of Companies

Legal name

E Squared Developments

Website

https://esquaredcondos.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Schembri Group operates as E Squared Developments, a Southern Ontario real estate developer founded in 2001 building residential, commercial, industrial, student housing, and medical properties across seven-plus markets, with $1B+ completed and $9B in pipeline.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Real Estate Property Managers (53131), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), New Construction & Builder Sales (BPAJAAAB), Residential Luxury / High-End Home Construction (IMAFABAJ)

Keywords

• Real estate development
• Condominium development
• Residential construction
• Commercial leasing
• Property management

Headquarters

HQ city

Waterloo, Ontario

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development Sales: Development and sale of condominium units, residential buildings, commercial buildings, industrial buildings, medical buildings, and land developments
2. Rental Income: Purpose-built rental communities generating recurring rental income from residential and commercial tenants
3. Leasing Operations: Leasing of residential units (student housing, apartments) and commercial/medical spaces to tenants

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Schembri Group of Companies, through its E Squared Developments brand, develops and manages residential condominiums, purpose-built rental apartments, commercial space, industrial properties, and medical office buildings across Southern Ontario. The company also operates an in-house property management division that handles leasing, tenant relations, and asset management for both company-owned and third-party properties.

Product overview

E Squared Developments is a real estate development company operating as a unified platform for residential, commercial, and mixed-use property development across Southern Ontario. The company's portfolio spans multiple product lines: luxury student housing (1 Columbia), apartment buildings (5 Rittenhouse), medical/professional facilities (31 Kingsbury), and multi-unit condominiums (URL Condos, West Peak, 81-85 Bridgeport Road). With over 23 years of experience and $1B+ in built projects plus $9B under development, the company manages developments ranging from low-rise properties to 60-story high-rises, targeting markets including Waterloo Region, Guelph, Hamilton, Kitchener, Cambridge, Milton, Brantford, and Oshawa.

Differentiator

Problem solved

Functional benefit

Products and services

• 1 Columbia Street West (Student Housing Development) A purpose-built student housing project in Waterloo, Ontario, owned and managed by Schembri Group of Companies for residential rental occupancy.
• 5 Rittenhouse (Apartment Buildings) Multi-building apartment complex operated as purpose-built residential rental housing in Ontario.
• Oshawa Multi-Residential Multi-residential project developed in Oshawa, Ontario by Schembri Group of Companies for residential occupancy.
• Brantford Multi-Residential Multi-residential project developed by Schembri Group of Companies in Brantford, Ontario, held for residential rental occupancy.
• 31 Kingsbury Drive (Medical Centre) Purpose-built medical office building developed and owned by Schembri Group of Companies for lease to physicians, clinics, and allied health practices.
• URL Condos For-sale condominium project developed and sold by Schembri Group of Companies to individual buyers.
• West Peak Condominiums (Guelph) For-sale condominium project under development in Guelph, Ontario by Schembri Group of Companies; groundbreaking commenced February 2022.
• 81–85 Bridgeport Road East (Waterloo) Mixed-use real estate development on Bridgeport Road East in Waterloo, Ontario, under development by Schembri Group of Companies.
• 777 Laurel Street (Cambridge) — Future Development Planned development site at 777 Laurel Street in Cambridge, Ontario, listed within Schembri Group's $9B development pipeline.
• Hamilton Development — Future Site Planned development site in Hamilton, Ontario, held within Schembri Group's $9B future development pipeline.
• Kitchener Site 1 — Future Site Planned development site in Kitchener, Ontario, held within Schembri Group's future development pipeline.
• Milton Development — Future Site Planned development site in Milton, Ontario, within Schembri Group's $9B future development pipeline.
• Property Management Services Standalone property management and asset management service offered by Schembri Group of Companies to building owners, investors, and tenants, covering day-to-day operations, leasing support, and tenant relations.

Quantifiable outcome

• Over $1 Billion in built projects completed
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mattamy Homes: One of Canada's largest privately-held homebuilders, active across Ontario including single-family homes, townhomes, and condominium developments. Comparable to E Squared in new residential for-sale construction at scale, including mid-rise and master-planned communities.
• Tribute Communities: Ontario-focused condominium and townhome developer operating in the GTA and surrounding regions. Comparable to E Squared in mid-to-high-rise residential for-sale product and geographic focus on Southern Ontario growth corridors.
• The Daniels Corporation: Toronto-based developer of condominium communities, purpose-built rentals, and mixed-use developments. Comparable to E Squared in vertically integrated development of high-rise residential and rental product in Ontario.
• Empire Communities: Ontario-based homebuilder with a portfolio spanning single-family homes, townhomes, and high-rise condominiums across the GTA and Southwestern Ontario. Comparable to E Squared in new residential for-sale construction across Southern Ontario.
• Menkes Developments: Toronto-based family-owned developer with a 60+ year track record in high-rise condominium, industrial, and commercial projects. Closely comparable to E Squared in residential tower development and direct-to-consumer sales model.
• Great Gulf: Toronto-based residential developer building condominium communities, single-family homes, and master-planned neighborhoods. Comparable to E Squared in Ontario high-rise condominium development and sales.
• Tridel: Largest residential condominium developer in the Greater Toronto Area, with a multi-decade track record building high-rise condominium communities. Directly comparable to E Squared in core business of designing, building, and selling new condominium towers.

Broad incumbents

• Brookfield Residential: Major North American homebuilder and master-planned community developer with Ontario operations. Comparable to E Squared in large-scale residential land development and build-to-sell community model.

Regional players

• Reid's Heritage Homes: Southwestern Ontario homebuilder focused on single-family homes, townhomes, and condominiums in the Kitchener-Waterloo, Cambridge, and Guelph regions. Highly comparable to E Squared on overlapping geographic footprint in Waterloo Region.

Others

• Harvey Kalles Real Estate: Although primarily a brokerage, Harvey Kalles is part of the broader Toronto luxury real estate ecosystem that touches E Squared's high-end Waterloo Region projects. Adjacent ecosystem participant in the marketing and resale of new-construction condominium units.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/schembri-group-of-companies

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 Schembri Group of Companies