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Armel Corporation logo

Armel Corporation

ON . 11–50 employees 5 principals

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Last updated 2w ago

About Armel Corporation

Armel Corporation is a real estate operator headquartered in ON .. Armel Corporation operates in Edmonton, Alberta and Toronto, Ontario, Canada. Its investment focus is on Condominiums, Covered Land & Land Banking and Single-Family Homes.

Armel Corporation is a privately held real estate development, investment, and property ownership company headquartered in Toronto, Ontario. Founded in 1965 by brothers Arthur and Mel Wolfond, the company has operated for approximately 61 years and employs an estimated 11–50 people. Armel specializes in master-planned communities, residential subdivisions, multifamily housing, mixed-use developments, retail shopping centers, and office and industrial properties. The company has planned, zoned, or serviced more than 20,000 residential lots and developed or acquired over 2 million square feet of commercial real estate. Its operations include land acquisition, development planning, zoning, infrastructure servicing, commercial leasing, and long-term property ownership. Notable developments include Yonge GO Village in Barrie, where 400 homes have been completed, with more than 1,000 multifamily units and 35,000 square feet of retail planned. Armel maintains residential and commercial holdings across Ontario and Alberta, with additional historical development activity in the United States.

Principals at Armel Corporation

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5 principals on file

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Recent activity at Armel Corporation

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Armel Corporation's project portfolio

1 project on file · Commercial (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Armel Corporation operates in

  • Edmonton, Alberta
  • Toronto, Ontario, Canada

Investment themes at Armel Corporation

  • Condominiums
  • Covered Land & Land Banking
  • Single-Family Homes
  • Standalone Retail

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • Environmental Remediation
  • Site Development

Operators similar to Armel Corporation

  • Maclab Development Group
    Established tierEdmonton, AlbertaCovered Land & Land BankingStandalone Retail+2 more themes
  • Greybrook
    Established tierToronto, Ontario, CanadaCovered Land & Land BankingSingle-Family Homes+1 more theme
  • Ellicott Development Company
    Established tierCovered Land & Land BankingStandalone Retail+2 more themes
  • Rohit Group
    Established tierEdmonton, AlbertaStandalone RetailCondominiums+1 more theme
  • Dorsay Development Corporation
    Established tierToronto, Ontario, CanadaStandalone RetailSingle-Family Homes+1 more theme
  • Henry S. Miller
    Established tierCovered Land & Land BankingStandalone Retail+1 more theme
  • Boyle Investment Company
    Established tierCovered Land & Land BankingStandalone Retail+1 more theme
  • Oppidan Investment Company
    Established tierToronto, Ontario, CanadaStandalone RetailCondominiums
  • Elm Street Communities
    Established tierCovered Land & Land BankingCondominiums+1 more theme
  • ABS Partners
    Established tierStandalone RetailSingle-Family Homes+1 more theme

Frequently asked questions about Armel Corporation

What does Armel Corporation do?
Armel Corporation is a privately held real estate development, investment, and property ownership company headquartered in Toronto, Ontario.
Where is Armel Corporation based?
Armel Corporation is headquartered in ON ..
What markets does Armel Corporation operate in?
Armel Corporation is active in Edmonton, Alberta and Toronto, Ontario, Canada.
How many employees does Armel Corporation have?
Armel Corporation has 11–50 employees.
Armel Corporation cover image

Armel Corporation at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
2
Principals
5

Contact Armel Corporation

199 Bay Street, Suite 2900 P.O. Box 459 Toronto, ON M5L 1G4.
armelcorporation.com