What ELITE DEVELOPMENT GTA INC. does

Elite Developments GTA Inc. is a privately held Canadian real estate developer headquartered in Burlington, Ontario, operating across Southern Ontario markets including Ancaster, Brantford, Caledonia, St. Catharines, and Niagara Falls. The company develops and sells a portfolio of residential and mixed-use communities — singles and towns (e.g., Riverview in Caledonia), mid-rise boutique condominiums (e.g., The Ambrose Condos in Brantford), and high-rise towers (e.g., 88 James, a 30-storey, 276-unit tower in St. Catharines) — with active expansion into purpose-built rental through the 362-unit Parkline Apartments in Niagara Falls (groundbreaking December 2025, with the City of Niagara Falls as a 40% equity partner and 20% affordable/attainable unit mandate). Underlying product technology centers on a partnership with Rogers Communications for the 1Valet smart-building platform at 88 James — delivering digital keys, facial-recognition entry, smart cameras and locks, automated lighting, thermostats, and indoor air-quality monitoring — together with the Elite Design Studio (Ancaster) for floorplan and finish customization.

The business model is primarily one-time unit sales of for-sale residential product (one-time license economics), augmented by recurring rental revenue from purpose-built rental projects and select commercial leasing. Pricing spans the mid-$300,000s through $1M+, marketed as 'attainable luxury' with award-winning architecture (SRM Architects) and interior design (Accent Designs). Go-to-market is direct-to-consumer through company-owned sales channels, supported by the Elite Design Studio, a VIP broker launch program, The Elite Club membership portal, and paid/organic media including social platforms, Condo Life magazine, and UFC athlete sponsorships. Vertical integration is provided through wholly-owned Brooklyn Construction (build) and Elite Capital/Elite Capital (financial stewardship). Founded by CEO Hamid Hakimi alongside President Sam Sakhi and CFO Tameem Miri, Elite reports 45+ active projects and a pipeline exceeding 10,000 units, with $125M+ of land acquired in 2022 alone and a projected $2.67B aggregate completed value.

Name

ELITE DEVELOPMENT GTA INC.

Legal name

Elite Developments GTA Inc.

Website

https://elitedevelopments.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Elite Developments GTA Inc. is a privately held Ontario-based real estate developer building and selling residential and mixed-use communities — singles, towns, mid- and high-rise condominiums, and purpose-built rentals — across Southern Ontario, serving first-time buyers, investors, and renters via its own sales channels, design studio, and municipal co-development partnerships.

Ownership category

akta.pro rank

Headquarters

HQ city

Burlington

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: One-time sale of residential units including singles, towns, and condominiums to end buyers. Revenue generated from property development and sales transactions across Ontario communities.
2. Commercial Property Development: Development of mixed-use commercial-residential projects generating revenue through unit sales and commercial space leasing.
3. Purpose-Built Rental: Parkline Apartments project includes 362-unit rental development with 20% affordable/attainable units. Revenue generated through rental income.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels11 records

Core offering

Elite Developments GTA Inc. is a privately held Ontario-based real estate developer that acquires, develops, and sells residential and mixed-use properties across Southern Ontario. Core offerings include master-planned communities of single-family homes and towns (e.g., Riverview), mid-rise and high-rise condominiums (e.g., 88 James, The Ambrose), purpose-built rental housing (Parkline Apartments), and complementary services such as the Elite Design Studio for buyer customization and Elite Care for post-sale customer service. The company targets the attainable-luxury segment with project price points ranging from the mid-$300,000s to over $1,000,000.

Product overview

Elite Developments is a Canadian real estate developer offering a portfolio of residential and commercial properties across Ontario. The company operates a vertical integration model encompassing community developments (single-family homes and townhomes), mid-rise and high-rise condominiums, and lifestyle amenities. Core offerings include communities such as Riverview (Caledonia) and Parkline Apartments (Niagara Falls), high-rise condominiums including 88 James (St. Catharines) and The Ambrose Condos (Brantford), complemented by Elite Design Studio for interior customization and Elite Care for customer service support. The company also offers The Elite Club membership program providing exclusive benefits to registered members. With 45+ active projects and over 10,000 units in pipeline, the company focuses on attainable luxury pricing ranging from $300,000s to $1,000,000+ across Southern Ontario markets.

Differentiator

Problem solved

Functional benefit

Brands

• The Elite Club: A prestigious society offering select members lucrative compensation, exclusive incentives and special rewards
• Elite Design Studio
• Elite Care

Quantifiable outcome

• Achieved $125M+ in land acquisitions and $2.67B projected completed value in 2022 alone
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

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

• City of Niagara FallscoreStrategic or Co-development Partner · 10 December 2025Land contribution as 40% shareholder for Parkline Apartments development. The City contributed land as part of a forward-thinking business arrangement designed to create long-term value for taxpayers while accelerating much-needed housing supply. This landmark partnership demonstrates shared commitment to increasing access to high-quality rental housing.
• Brooklyn Construction Ltd.coreStrategic or Co-development PartnerConstruction arm of Elite Developments, responsible for building major projects including Parkline Apartments. Provides in-house construction capabilities ensuring quality control and project delivery.
• Rogers CommunicationscoreTechnology or IntegrationSmart home technology partnership for 88 James Condos featuring 1Valet system with digital keys, facial recognition entry, smart video calling, package notifications, amenity booking, and integrated home automation.
• SRM Architects Inc.majorStrategic or Co-development PartnerAward-winning architecture firm responsible for designing 88 James and other Elite Developments projects. Creates exteriors, interiors and curated amenities.
• Accent DesignsmajorStrategic or Co-development PartnerInterior design studio responsible for custom color palettes and finishes at 88 James, creating elegant and sophisticated standard design packages.
• Islam MakhachevminorGTM or Marketing PartnerUFC Lightweight Champion partnership for brand promotion and community events. Hosting celebration parties and future collaborations.
• Khabib NurmagomedovminorGTM or Marketing PartnerPartnership with legendary UFC fighter to redefine real estate market and bring unique brand experiences.
• Eagle FCminorGTM or Marketing PartnerMMA promotion sponsored by Elite Developments for community engagement and brand visibility.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Daniels Corporation: Toronto builder of condo and rental communities, including partnerships with the City of Toronto for affordable housing — mirrors Elite's municipal co-development approach on Parkline.
• Tribute Communities: Ontario-focused mid- and high-rise condo developer with a similar project pipeline cadence and design-led ethos.
• Menkes Developments: Long-standing Ontario developer of high-rise condos, master-planned communities, and commercial space — overlaps directly with Elite's mixed-use and residential product.
• Tridel: Toronto-focused condominium developer with a deep Ontario high-rise portfolio and a strong design reputation, directly comparable to Elite's 88 James and Parkline condo/rental product.
• Pinnacle International: Canadian developer of high-rise condos and master-planned communities, including landmark towers — comparable to Elite's 88 James 30-storey flagship.
• Greenpark Group: Ontario-based residential and condo developer focused on GTA-area urban and suburban communities — comparable scale and geographic overlap.
• Great Gulf: Ontario-based residential and condo developer with a focus on design-forward, technology-enabled homes — comparable to Elite's attainable-luxury, smart-home positioning.
• Empire Communities: Ontario-based builder of single-family homes, towns, and condos across GTA-adjacent markets — overlaps with Elite's Caledonia and Burlington communities.

Broad incumbents

• Brookfield Residential: Large-scale North American master-planned community developer with Ontario projects — comparable on master-planned, multi-product community builds.
• Mattamy Homes: Canada's largest privately owned homebuilder, active across Ontario in singles, towns, and condos. Highly comparable to Elite's broad Ontario footprint and attainable-luxury positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/elitedevelopmentsofficial
• LinkedInlinkedin.com/company/elitedevelopments
• Instagraminstagram.com/elitedevelopmentsofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 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 ELITE DEVELOPMENT GTA INC.