LES DÉVELOPPEMENTS DUBELLE QUATOUR LTÉE

What LES DÉVELOPPEMENTS DUBELLE QUATOUR LTÉE does

LES DÉVELOPPEMENTS DUBELLE QUATOUR LTÉE (operating as Dubelle Developments) is a privately held Montreal-based residential real estate developer founded in 1979, with between 11 and 50 employees. The company operates a vertically integrated model covering pre-development planning, land development, construction (using pour-in-place concrete, wood member, prefab concrete, and steel superstructures), sales and marketing, project management, and ongoing property management for its rental portfolio. Its current and recently completed project pipeline includes Le Medici (a six-floor rental condominium in Côte-des-Neiges, occupancy expected September 2025), Louis Alexandre (an 800-unit affordable housing development in Longueuil executed in joint venture with Les Entreprises Delcob Ltée, Phase 1 of 170 units with July 2025 occupancy), Complexe Celeste (226 apartments completed 2021/2022 in Lasalle), and OPUS Condominiums Phases 1–7 (over 850 affordable condos built in Lasalle between 2013 and 2018).

Dubelle monetizes through three distinct streams: one-time revenue from the sale of developed condominium units (notably the OPUS Phases 1–7 sell-down), recurring rental income from its owned and operated complexes (Complexe Celeste, Le Medici, and the future stabilized Louis Alexandre phases), and managed property management services for its residential portfolio supported by on-site concierge teams and property management software. The go-to-market motion is sales-led and geographically focused: an in-house sales team handles buyer and renter acquisition directly, supplemented by targeted advertising campaigns and a corporate website (dubelle.com) showcasing featured projects. Customer segments are individual residential homebuyers and renters in the Montreal area, with a strategic emphasis on affordable and mid-market housing in transit-accessible neighborhoods.

The company operates exclusively within Canada, with projects concentrated on the Island of Montreal (Lasalle, Côte-des-Neiges) and the South Shore (Longueuil). It is privately held with no disclosed institutional investors, parent company, or funding rounds, and ownership structure is not publicly disclosed. There is no evidence of M&A activity, regulatory actions, or leadership changes in the available data.

Name

LES DÉVELOPPEMENTS DUBELLE QUATOUR LTÉE

Legal name

Dubelle Developments Ltd.

Website

https://dubelle.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Dubelle Developments is a privately held Montreal-based residential real estate developer founded in 1979, delivering vertically integrated pre-development, construction, sales, and property management services for affordable and mid-market condominium and rental housing projects in Montreal and surrounding regions.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Land Subdivision (23721), Lessors of Residential Buildings and Dwellings (53111), Residential Property Managers (531311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Residential real estate development
• Affordable housing construction
• Condominium development services
• Property management services
• Land development services

Headquarters

HQ city

Montreal

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, Technology or R&D

Revenue model

1. Real Estate Development and Sales: Dubelle generates primary revenue through the development and sale of residential properties, including condominiums and rental units. The company oversees projects from pre-development through construction to final sale, capturing value across the development lifecycle.
2. Residential Property Rental: The company operates rental properties including Le Medici and Complexe Celeste, generating recurring rental income from tenants in its residential communities.
3. Property Management Services: Dubelle provides comprehensive property management services for its residential portfolio, including on-site concierge and management teams, proactive maintenance, and financial oversight powered by property management software, contributing to revenue stability and tenant retention.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Dubelle is a residential real estate developer that develops, constructs, sells, and manages residential properties — including condominiums, rental apartments, and affordable housing — in Montreal and surrounding regions. The company operates across the full development lifecycle, from pre-development planning, land development, and construction through in-house sales and marketing and ongoing property management, serving individual homebuyers and renters seeking quality affordable and mid-market housing.

Product overview

Dubelle is a residential real estate development company offering a comprehensive suite of development services including pre-development planning, construction, sales and marketing, property management, project management, and land development. The company has a portfolio of named residential development projects: Le Medici (rental condos in Côte-des-Neiges), Louis Alexandre (affordable housing in Longueuil), Complexe Celeste (rental complex in Lasalle), and OPUS Condominiums (seven mid-rise buildings in Lasalle). The company was founded in 1979 and operates throughout Montreal and surrounding regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Le Medici A six-floor condo rental project in the Côte-des-Neiges neighborhood of Montreal featuring 1, 2, and 3-bedroom units plus exclusive two-storey penthouse suites, introducing a contemporary rental living experience to the neighbourhood. Targeted at Montreal renters and residents seeking modern apartment living in a central, well-connected neighbourhood.
• Louis Alexandre An 800-unit affordable housing project in Longueuil developed in collaboration with Les Entreprises Delcob Ltée. Phase 1 offers 170 units with amenities including a co-working lounge, fitness centre, and multiple rooftop terraces, plus sustainability features such as geothermal heating and electric car charging. Targeted at individuals and families seeking affordable housing in the Greater Montreal area.
• Complexe Celeste

Quantifiable outcome

• Over 850 affordable condominiums built between 2013 and 2018 (Opus Condominiums Phases 1-7)
• +3 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Les Entreprises Delcob LtéecoreStrategic or Co-development PartnerDubelle entered into an ambitious collaboration with Les Entreprises Delcob Ltée for the Louis Alexandre project in Longueuil, featuring 800 affordable housing units. This is a joint venture in which both companies contribute to the development, financing, and execution of one of Dubelle's flagship affordable housing projects. Phase 1 of the project has launched with 170 units.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Regional players

• Tribute Communities: Ontario-based residential developer of condominiums and rental communities, useful as a cross-provincial peer for scaling, vertical integration, and rental retention strategies.
• FRAM Building Group: Ontario-headquartered residential builder with comparable mid-rise condo and rental development activity, useful as a regional peer for execution benchmarks and construction cost dynamics.
• The Rose Corporation: Toronto-area residential and condominium developer with vertically integrated sales and property management, comparable in mid-market urban condo focus and lifecycle ownership of projects.

Direct peers

• Devimco Immobilier: Quebec-based developer active in residential, condo, and large mixed-use projects around Montreal, comparable in vertical integration from development to property management.
• Habitations Trigone: Quebec residential developer specializing in multi-unit condominium and rental projects in the Greater Montreal region, overlapping with Dubelle's mid-market, multi-phase build approach.
• Cogir Immobilier: Quebec-based real estate developer and manager operating rental residential and senior housing portfolios, directly comparable in combining development with ongoing property management.
• Groupe Brivia: Montreal-headquartered residential and condominium developer with projects across the Greater Montreal area, often targeting similar urban and transit-adjacent neighborhoods as Dubelle.
• Groupe Sélection: Quebec-based developer of large-scale residential communities, including rental and retirement living, comparable in scale of master-planned residential developments and ownership of operating rental assets.
• Prével: Montreal-based residential and condominium developer with multi-decade operating history and a comparable focus on mid-market and urban infill projects across the Greater Montreal area.
• Claridge Inc. Montreal-based real estate investor and developer active in residential and mixed-use developments, comparable in Quebec-focused capital deployment and project lifecycle ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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 LES DÉVELOPPEMENTS DUBELLE QUATOUR LTÉE