Commercial Real Estate Podcast

Toronto’s Condo Evolution Through the Eyes of Jim Ritchie, President of Tridel
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Recorded live at the Toronto Land Development Forum, on this episode of the Commercial Real Estate Podcast, Aaron Cameron and Adam Powadiuk welcome Jim Ritchie, President of Tridel Group of Companies and President and CEO of Deltera. Together, they explore the evolution of Toronto’s condo market. Jim shares lessons from Tridel’s 90-year history, including brand-building, project viability in a high-cost environment, and adapting to market shifts. From investor-driven booms to today’s end-user focus, he discusses why customer experience and strategic risk management are essential for long-term success. Listeners gain a behind-the-scenes look at how a leading developer is navigating today’s complex real estate landscape.
What you will learn:
- How Tridel built a premium brand through decades of quality and customer care.
- Why Toronto saw 200,000 condo units built from 2010 to 2020
- How higher deposits and strict qualifications ensure project success
- How Del Manor’s senior housing strategy adds lifecycle customer value
- Why today’s market demands a move to larger, end-user units
- Why balanced suite composition is key to long-term viability
- How rising costs push project pricing above $1,200 per sq. ft
- How purpose-built rentals offer stability during slower condo cycles
Jim Ritchie is the President of Tridel Group of Companies, one of Canada’s most respected condominium developers with a 90-year legacy in residential construction. With over four decades of experience at Tridel, Jim has worked across multiple departments and helped oversee the company’s growth to delivering approximately 90,000 homes throughout the Greater Toronto Area. Under his leadership, Tridel has maintained its reputation as a premium developer known for customer care excellence and quality construction.
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