Analyst, Development

Founded in 1988, and headquartered in Toronto, Tricon is one of North America’s preeminent rental housing providers. 

Tricon was one of the first movers to enter Toronto’s purpose-built rental apartment sector with scale in 2016 and is developing the highest quality multi-family portfolio in North America’s fastest growing city.  Tricon is the leader and most active developer in the marketplace with a 6,000+ pipeline of new units.  At Tricon, we are reimagining rental living – Tricon properties are concentrated in prime downtown Toronto locations, and are defined by design excellence, signature resort-quality amenities, exceptional customer service, and lifestyle programming that fosters connections and builds community. To learn more, please visit: Tricon Toronto.

Job Description

The Development Analyst sits at the centre of Tricon’s purpose-built rental development strategy, supporting active and prospective projects across the full development lifecycle - from early-stage site evaluation and acquisitions due diligence through to financial analysis, municipal approvals, design coordination, construction coordination, reporting, and project delivery.
Working closely with the Development team, internal business partners, and external consultants, the Development Analyst gains direct visibility into how projects are shaped, evaluated, advanced, and executed. The role prepares analysis, maintains project information, tracks budgets and schedules, and coordinates workstreams that support project planning, execution, and investment decisions. For someone early in their career, this role offers meaningful exposure to the development process and the opportunity to build a foundation in real estate development.

Essential Duties and Responsibilities:

• Track project budgets, schedules, cash flows, milestones, deliverables, and key documentation, including variance analysis, investment reporting, presentations, trackers, and materials for internal stakeholders and senior leadership.
• Support municipal approvals processes, including Zoning By-law Amendments, Site Plan Approval, minor variances, building permits, and related submissions, while liaising with consultants, city staff, and internal stakeholders to help advance project deliverables.
• Review consultant drawings, including architectural, interior design, structural, mechanical, electrical, and civil drawings, and identify comments, coordination items, or follow-up required to support alignment with design intent, project objectives, budget assumptions, and business plan requirements.
• Coordinate meetings with Development, Construction, Operations, Leasing, Marketing, Asset Management, and other internal partners, including preparing agendas, materials, minutes, and action items.
• Conduct market research, comparable project analysis, demographic review, rental analysis, competitive assessments, and trend monitoring to inform development decisions and assess factors impacting current or future projects.
• Assist with land acquisition opportunities, including due diligence, financial analysis, project proformas, budgets, and investment materials.
• Help review and coordinate consultant agreements, construction-related agreements, municipal documentation, and other project materials, in partnership with internal stakeholders and legal counsel.
• Work with the Construction team during project execution to monitor progress, address coordination items, and support alignment between approved drawings, site conditions, schedule, budget, and delivery objectives.
• Maintain organized project records, files, correspondence, approvals documentation, and reporting materials.
• Provide additional support across property management, asset management, development administration, and broader team priorities as required.

Qualifications:

• Financial modelling skills and understanding of core real estate financial concepts, including budgets, cash flows, valuation, returns, assumptions, sensitivities, and development proformas.
• Advanced proficiency in Excel, Word, and PowerPoint.
• Effective written and verbal communication skills, including the ability to prepare concise analysis, meeting materials, and internal updates.
• Ability to manage multiple priorities, deadlines, and workstreams in a fast-paced environment.

Minimum Qualifications:

• Undergraduate or master’s degree in real estate, business, finance, engineering, architecture, law, urban planning, or a related field.
• 1-2 years of relevant work experience in residential real estate development or a related field.
• Experience in real estate, engineering, law, architecture, investment banking, management consulting, private equity, or a similar analytical or project-based environment will also be considered.

Preferred Attributes:

• Interest in building a career in real estate development, investment, and finance.
• Analytical and detail-oriented approach, with the ability to identify issues, gaps, and required follow-up.
• Proactive and self-directed working style, with sound judgment and accountability for assigned work.
• Ability to work effectively in a lean, collaborative team environment with exposure to senior leadership, internal partners, external consultants, and other stakeholders.

Work Schedule: This is a full-time, in-office position. Employees are expected to work onsite Monday through Friday during regular business hours.

Physical Demands:

The physical demands below describe activities that are generally required to perform the essential functions of this role, with or without reasonable accommodation.

• Sitting/standing/movement: This role primarily involves seated work and computer use, with periodic standing and walking throughout the workday.
• Communication: Must be able to communicate effectively with coworkers, residents/clients, and vendors and to receive and convey information in a timely manner.
• Hand/arm use and upper-body activity: Regular use of hands and fingers for tasks such as keyboarding, operating office equipment, handling materials, and reaching for items.
• Posture and positioning: Occasionally require bending/stooping, kneeling, or crouching to access files, materials, or equipment.
• Lifting/carrying: Occasionally lift and/or move items up to 10 pounds.
• Vision: Must be able to perform work requiring close vision, distance vision, and depth perception, such as reading screens/documents and navigating the work environment.

Salary Range

Placement within this compensation range will be determined by the candidate's knowledge, experience and skills.

$74,380.00 - $123,960.00
This position is eligible for a discretionary bonus based on company performance and individual contribution as well as an attractive benefit and wellness package.

At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.