Davpart Inc. is a real estate developer and property management company that operates throughout Ontario and the United States. They were founded in 1993 when they acquired three industrial properties, but today they have a varied portfolio. They manage commercial, retail, residential, and industrial properties in a wide variety of locations. They credit their success to a hands on management style combined with superb customer service.
Their management style is comprised of a few different components. They believe in performing timely maintenance, so residents and tenants never have to wait too long if any problem arises. They build on this philosophy by having property management and other personnel perform frequent visits and inspections.
This means that they are able to be on top of problems, potentially even before tenants notice them. They perform these duties to not only bolster their relationship with their tenants and residents, but to also increase value of their properties. They also believe in having preeminent customer service, placing a priority on those with disabilities. They are proud to train all of their staff on the various assistive devices that are placed throughout their properties. It doesn’t matter if they’re property managers or administrative assistants, all employees are required to know how to operate these machines. They also take care to inform the public to any disruptions in services that are required to help persons with disabilities.
This is a company who cares. Their president David Hofstedter has also created the David Hofstedter Family Foundation. This is a not for profit foundation who is registered as a charity that has donated over $1 million to numerous charities throughout Canada.
These beliefs and philosophies are what have catapulted this company to its phenomenal success. Today they manage over 90 buildings that span the real estate spectrum. These buildings culminate to a over 8,322,765 square feet of floor space.
Their current project may be one of the most impressive developments on their roster yet. The 1 Eglinton East Condos are going to tower over the city at 65 stories. The building is going to be a mixed use high rise, dedicating ten floors to commercial endeavours, 2 floors for resident amenities, and the remaining floors to be allocated for residential use.
While the condos will have close proximity to the Eglinton subway station, it will also be steps away from the first phase of the LRT being built in the city. This is prime location in Midtown Toronto, being close to the comforts and luxuries Toronto urbanites are becoming accustomed to. The building will become a landmark in Toronto as it soars over a central location with its iconic architecture designed by award winning architects Hariri Pontarini Architects who took home the 2016 International Architecture Award from the Chicago Athenaeum and the Ontario Association of Architects Lieutenant Governor’s Award for Design Excellence in Architecture in 2016. It is sure to become the crown jewel of the area.
This full service real estate company and property manager has shown that they’re able to span their expertise in operational and managerial disciplines across the entire industry. Whether it’s in the commercial, residential, retail, or industrial sector, you’re sure to find Davpart’s name in the list of top performers. As the city continues to grow, this developer will find new ways to make their mark.
2411-2437 Marine Drive
This mixed use low-rise development give residents the opportunity to live only steps away from Oakville’s magnificent waterfront views of Lake Ontario. It is surrounded by boutique shopping and restaurants. It also provides easy access to the 403 and the QEW, so you’re never too far from downtown Toronto. It is located along Marine Drive.
The Davisville Centre
This mid-rise offers class “A” office space and excellently exposed retail space in the heart of Midtown Toronto. It offers direct access to downtown as it is only step away from the Davisville subway station. It is surrounded by trendy gastropubs and other restaurants. It is located at 1910/1920 Yonge Street.
St Andrew’s Shopping Centre
This eclectic building offers a beautiful landscape for shops and residences. Located on a hill, this shopping centre is adorned with tended gardens and greenery that make it a pristine location for anyone looking to start a business. It also has second storey apartments throughout, so residents will enjoy boutique shopping at their doorsteps. It is located at 2-28 Orchard Heights Boulevard.
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