Tricar was established in 1986 by Joe Carapella in London, Ontario, beginning as a builder of rental apartment communities.
Now marking 40 years of development experience in 2026, Tricar has expanded its portfolio to more than 7,000 homes and over 80 projects across Southwestern Ontario.
The company focuses primarily on mid- and high-rise condominium and purpose-built rental communities, with developments in London, Guelph, Kitchener, Sarnia and Stratford.
Its integrated approach encompasses land acquisition, planning, design, construction, sales, marketing and property management, supporting continuity throughout the development process.
Tricar emphasizes quality, enduring design, carefully selected locations and an exceptional homeowner and resident experience as core elements of its development philosophy.
The company’s current leadership includes President Adam Carapella, while Joseph Carapella is also identified as a director and officer in Ontario’s HCRA builder records.
Its portfolio includes established communities such as Azure, NorthLink, Gordon Square, Westmount Estates, The Westdel and The Grove Masonville.
Tricar has also been recognized with three Tarion Ontario High-Rise Builder of the Year Awards, from six finalist appearances, with the award based on homeowner satisfaction with customer service.
In 2026, the company continues its focus on condominium and rental development throughout Southwestern Ontario, while maintaining a stated commitment to community involvement and long-term resident service.