What The Gaslight District does

The Gaslight District is a real estate development project operated by HIP Developments, a private Ontario-based real estate development company. Its single commercial offering is The Gaslight Condos, a residential condominium building located at 50 Grand Avenue S. in Cambridge, Ontario. The development targets residential buyers across the Waterloo Region — Cambridge, Kitchener, Waterloo, and Guelph — who are seeking larger condominium units than what competing urban projects typically deliver.

The Gaslight Condos differentiates through three concrete value propositions: unit size (1,100+ SF 2-bedroom corner suites, advertised as 30% larger than other urban condos in Waterloo Region), included parking (uncommon in the competitive set), and a 11,000sf private outdoor garden terrace featuring a pergola, BBQ areas, fire pits, a real grass sloped lawn, and a hammock hideaway. Indoor amenities include a fitness facility, yoga/pilates studio, games room with billiards, and a catering kitchen with private dining room. The underlying product is conventional residential condominium construction; there is no proprietary technology platform, no software layer, and no digital product surface beyond the Squarespace-hosted marketing site.

The business model is one-time condominium unit sales. Buyers register interest and transact directly with the developer through Rego Realty Inc. (the "Rego Team"), which operates as the exclusive sales channel under a core partnership with HIP Developments. Marketing relies on the company website, phone outreach (519.804.4000), and email inquiries ([email protected]). Unit pricing is not publicly disclosed. The operating entity is small — approximately 6 employees — reflecting a project-driven, capital-light developer-marketing model rather than a scaled operating business.

Name

The Gaslight District

Legal name

HIP Developments

Website

https://thegaslightcondos.ca

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The Gaslight District operates The Gaslight Condos, a residential condominium development in Cambridge, Ontario, developed by HIP Developments and marketed directly to Waterloo Region homebuyers through Rego Realty Inc., offering spacious 2-bedroom corner suites with premium amenities.

Ownership category

akta.pro rank

Headquarters

HQ city

Cambridge

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Condominium Unit Sales: Revenue generated from the pre-sale and sale of condominium units at The Gaslight Condos. Buyers purchase units at pre-construction or during sales phase, with ownership transferred upon project completion. This is a one-time transaction model per unit.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

The Gaslight District develops and sells The Gaslight Condos, a residential condominium project in Cambridge, Ontario, within the Waterloo Region. The project consists of spacious 2-bedroom corner suites exceeding 1,100 square feet that are positioned as approximately 30% larger than other urban condos in the region, with parking included. Units are sold directly to end buyers through the Rego Team (Rego Realty Inc.) at pre-construction or during the active sales phase, with ownership transferred upon project completion.

Product overview

The Gaslight Condos is a single residential condominium development marketed by Rego Realty Inc. and developed by HIP Developments. The offering consists of spacious 2-bedroom corner suites exceeding 1,100 square feet, positioned as the best value in the Waterloo Region with amenities including an 11,000sf outdoor private garden terrace, fitness center, yoga studio, games room, and catering facilities. The product portfolio is a single residential development rather than a platform or multi-product suite.

Differentiator

Problem solved

Functional benefit

Products and services

• The Gaslight Condos A residential condominium development in Cambridge, Ontario, offering spacious 2-bedroom corner suites of 1,100+ square feet (approximately 30% larger than comparable Waterloo Region urban condos), with parking included and premium amenities including an 11,000sf outdoor private garden terrace, fitness facility, yoga/pilates studio, games room, and catering kitchen; marketed and sold to individual end-buyers by the Rego Team at Rego Realty Inc.

Quantifiable outcome

• 30% larger than other urban condos in Waterloo Region
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• HIP DevelopmentscoreOthersHIP Developments is the owner and operator of The Gaslight Condos website and the parent developer of The Gaslight District. They retain all proprietary rights to the site content, trademarks, and materials. The company is based in Ontario, Canada.
• Rego Realty Inc. (Rego Team)coreChannel Partner/ Reseller/ DistributorRego Realty Inc. operates as the exclusive sales team for The Gaslight Condos. They handle all buyer inquiries, open house scheduling, unit tours, and sales transactions. Contact: 519.804.4000, [email protected], 50 Grand Ave. S., Cambridge, ON.

Scale indicators3 records

Direct peers

• Tridel: One of Canada's largest residential condominium developers, focused primarily on the GTA. Highly comparable business model — pre-construction condo sales with strong amenity programs — operating in the same Ontario regulatory and demand environment.
• Menkes Developments: Major GTA condominium and master-planned community developer. Comparable as an Ontario condo developer with similar pre-construction sales model and amenity-led product positioning.
• Mattamy Homes: Canada's largest privately owned homebuilder with significant Ontario condominium activity. Comparable as a major Ontario residential developer competing for similar buyer segments across the GTA and surrounding regions.
• Pinnacle International: Canadian condominium developer with a portfolio of urban mid- and high-rise projects. Comparable as a multi-project residential developer selling amenity-rich condominiums through pre-construction sales.
• Tribute Communities: GTA-focused mid-rise and high-rise condominium developer active in the Ontario market with comparable urban-lifestyle projects aimed at owner-occupier buyers. Operates a similar pre-construction condo sales model targeting end users.
• Empire Communities: Ontario-based homebuilder with condominium and master-planned community projects. Comparable as a regional Ontario developer serving similar mid-market, owner-occupier buyers.
• Fram + Slokker: GTA-based mid-rise condominium developer with urban-lifestyle projects targeting owner-occupiers. Comparable scale, buyer demographic, and product positioning in the Ontario condominium market.
• The Daniels Corporation: Toronto-based residential developer with a strong condominium portfolio and amenity-driven mid-rise projects. Directly comparable as an Ontario developer focused on urban infill condominiums with feature-rich amenity packages.

Regional players

• ReichmannCity: Ontario-based residential development company with mixed-use and condominium projects. Comparable as a smaller Ontario developer competing for similar buyer demographics and utilizing amenity-led positioning.

Broad incumbents

• Brookfield Residential: Large-scale North American homebuilder with significant Ontario condominium activity. Comparable as a broader incumbent operating in the same Ontario new-home market with overlapping buyer demographics.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gaslightcondos

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 The Gaslight District