Real Estate and Development

Real estate and development is an important facet of the work Canada Lands Company undertakes to improve the value of a given asset. 

Following the purchase of a development property at fair market value from the Government of Canada, Canada Lands applies its expertise and may elect to develop, hold or sell a property. At the outset of the development process, Canada Lands fully engages the community and civic officials to collaborate in preparing a consensus-based plan for the property, with connection to the surrounding area. Canada Lands then makes applications for planning approvals from the municipality.

Our Project Phases

Acquisition

Acquisition

Canada Lands analyses federal surplus properties to determine how they can best benefit the community and Government of Canada. The Company works with the government to determine a fair market price and then purchases the property through the government’s real estate disposal process.

Public Engagement

Public Engagement

With most of its projects, Canada Lands Company undertakes a public engagement process. The Company’s process may include such activities as meeting with community organizations, holding public open houses and online engagements and establishing local advisory committees.

Plan Approvals

Plan Approvals

After completing an engagement process, Canada Lands creates a development plan for the property that incorporates sustainable design principles and may also include an affordable housing component and green spaces. This plan is submitted to the municipality for consideration and approval.

Site Improvements

Site Improvements

Once approvals are received, Canada Lands typically carries out site servicing and improvements. Other work may include renovating existing roads, demolishing unsafe structures and installing new roads and other municipal services such as sewers and streetlights.

Sales and leasing

Sales and leasing

Canada Lands markets and sells properties to builders to carry out construction consistent with the approved plan. It may also have interim leasing activities, or retains and manages properties of significant value on behalf of the Government of Canada.

bubble icon

Community Engagements

Canada Lands Company prides itself on an engagement-based approach to working towards community-oriented goals that focus on environmental stewardship and heritage commemoration. The Company is actively involved in community engagements across the country.

VIEW ALL COMMUNITY ENGAGEMENTS

Featured Story

Downsview Park

Canada Lands is shaping Downsview Park to be a dynamic urban green space in which active and passive elements are combined for the betterment of the surrounding community and the city.