The Future of Condo Development in Canada Explained by Carlo Timpano, President of Capital Developments

Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio? In this episode of the Commercial Real Estate Podcast, powered by First National, hosts Aaron Cameron and Adam Powadiuk are joined by Carlo Timpano, President of Capital Developments, about the forces reshaping Canada’s residential development market. Carlo explains why developers are increasingly turning to purpose-built rentals as condo financing becomes more difficult, and how regulatory changes have improved rental project viability.  The conversation explores lender expectations, land valuations, unit sizing strategies, and the importance of choosing established neighbourhoods that support long-term demand. Carlo also makes the case that today’s condo pricing may present compelling opportunities for first-time buyers.  **What you will learn:** - Why “boring lenders” killed the condo market - The three regulatory shifts that made rental viable - How to underwrite rental when lenders won’t assume rent growth - The suite size myth debunked with data - Why neighborhood selection is the primary amenity for rental success - The honest case for condos as wealth-building tools **Carlo Timpano** is President of Capital Developments, where he oversees the company’s day-to-day operations and strategic growth initiatives. Previously, he co-led high-rise office development at Oxford Properties Group, managing a pipeline exceeding $5 billion. With experience at Boston Consulting Group and Bain & Company, Carlo brings deep expertise in strategy and real estate development. He holds an MBA from Harvard Business School and a B.Comm from Queen’s University. An avid traveler, amateur astronomer, proud father, and horror movie enthusiast, Carlo is passionate about building exceptional teams and lasting stakeholder relationships.  The post The Future of Condo Development in Canada Explained by Carlo Timpano, President of Capital Developments appeared first on Commercial Real Estate Podcast.