DiamondCorp is a prominent real estate developer in the Greater Toronto Area, known for its commitment to quality and progressive city building. As part of the Whitecastle group of companies, DiamondCorp is led by Stephen Diamond, son of Whitecastle’s founder, Eph Diamond. The company’s philosophy, “Building on Legacy,” reflects its dedication to creating long-term value through thoughtful development and community collaboration. With a focus on rezoning lands for appropriate densities and fostering positive relationships with city officials and residents, DiamondCorp has established itself as a visionary developer in Toronto’s evolving real estate landscape.
About the Developer
DiamondCorp’s roots trace back to Eph Diamond, a decorated engineer, military officer, and co-founder of the Whitecastle Group. Eph’s illustrious career earned him numerous accolades, including the Order of Canada in 1990. His son, Stephen Diamond, a lawyer by trade, founded DiamondCorp to negotiate development projects independently, ensuring alignment with community needs. Stephen’s leadership has resulted in an exemplary record of achieving consensus with municipalities, avoiding the need for Ontario Municipal Board intervention. This approach has led to successful projects that enhance both communities and investor returns.
The company’s current flagship project, The Well, is a mixed-use development in downtown Toronto spanning nearly eight acres. Demonstrating adaptability, DiamondCorp revised the site’s architectural design in response to neighbourhood feedback, ensuring it reflects the character of the King and Spadina area. Upon completion, The Well will feature office, retail, and residential spaces, along with a public square for community events.
Previous Projects
DiamondCorp has a proven track record of delivering high-quality developments across the Greater Toronto Area. Notable completed projects include:
210 Simcoe: A residential high-rise in Toronto’s Discovery District, completed in 2015. Located at 210 Simcoe Street, this tower offers convenient access to transit, shops, and cafes, along with amenities like an exercise room, yoga studio, and steam room.
Minto Southshore: A waterfront townhouse and condo complex in Etobicoke, completed in 2014. Situated on Twenty Fourth Street, it provides easy access to the QEW and GO Transit, making downtown Toronto a short trip away.
Current and Upcoming Developments
DiamondCorp is actively shaping Toronto’s real estate future with several pre-construction projects. These developments cater to diverse lifestyles and budgets, from condos to townhomes:
Q Tower (200 Queens Quay W, Toronto): Developed with Lifetime Developments, this condo project offers units starting in the low $600,000s, with occupancy in 2030.
Birchley Park (411 Victoria Park Ave, Scarborough): A townhome development in partnership with Diamond Kilmer Developments, priced from the low $500,000s, with a 2028 completion date.
Bridge House at Brightwater (70 Mississauga Rd S, Mississauga): A townhome project co-developed with Dream Unlimited Corp, FRAM + Slokker, and Kilmer Group, starting in the high $600,000s, and completing in 2028.
Upper East Village Condos (939 Eglinton Ave E, Toronto): A collaboration with Camrost Felcorp, offering townhomes from the mid $1,100,000s, with a 2023 move-in date.
Daniels FirstHome™ Keelesdale (2175 Keele Street, Toronto): Developed with The Daniels Corporation and Kilmer Group, this townhome project starts in the low $400,000s, with occupancy in 2021.
Brightwater Towns and Brightwater I & II (70 Mississauga Rd S, Mississauga): Luxury townhomes priced from the mid $1,400,000s and mid $500,000s, respectively, both completing in 2023.
Celeste Condos (121 George St, Toronto): A partnership with Alterra, offering condos from the low $700,000s, with a 2027 move-in date.
The Mason at Brightwater (70 Mississauga Rd S, Mississauga): A 2024 project with townhome prices TBA.
Additional upcoming projects include 26 Nipigon Ave (North York), 2346 Yonge St (Toronto), 611 Keele St (Toronto), 50 Merton St (Toronto), and 536 St Clair Ave W (Toronto), all with prices and move-in dates TBA.
Resale and Sold-Out Projects
DiamondCorp’s portfolio also includes resale opportunities and sold-out developments:
Garrison Point (30 Ordnance St, Toronto): A collaboration with Cityzen Development Group and Fernbrook Homes, completed in 2019.
AYC Condos (181 Bedford Road, Toronto): Developed with Metropia, this project was completed in 2020.
Daniels FirstHome™ Markham Sheppard (5131 Sheppard Ave E, Scarborough): A sold-out development completed in 2020 in partnership with The Daniels Corporation.
Why Choose DiamondCorp?
DiamondCorp stands out for its commitment to community-focused development and long-term value creation. By prioritizing collaboration with residents and municipalities, the company ensures its projects enhance the neighbourhoods they’re in. Whether you’re a first-time buyer, investor, or seeking a luxury home, DiamondCorp’s diverse portfolio offers something for everyone. With a legacy of excellence and a forward-thinking approach, DiamondCorp continues to shape Toronto’s real estate landscape, one project at a time.
Developer information is compiled from public sources for general reference and may change without notice. E. & O.E.
