Brad J. Lamb

Brad J. Lamb is a Canadian real estate broker and condominium developer.[1][2][3] He had a reality television show named Big City Broker on the HGTV network for several years. The show focused on the workings of his real estate brokerage, "Brad J. Lamb Realty Inc."[4]

Lamb was born in Vancouver, British Columbia, Canada.[5] His father was an Air Canada pilot and his mother a registered nurse. In 1967, the family moved to Montreal, where they settled in the Beaconsfield neighbourhood.[6] Lamb attended Queen's University, where he obtained a degree in engineering. Lamb purchased his first property in London, Ontario in 1984. Early on, Lamb noted how much his real estate agent was earning on his property deals. A few years after his graduation, bored with his engineering sales position, he obtained his real estate license.[4]

Lamb went to work for Harry Stinson's real estate company in 1988 and became a specialist in selling condominiums in central Toronto. He quickly became Stinson's top agent, making $250,000 in his first year.[4][6]

In 1995, he left Stinson to start his own firm, Brad J. Lamb Realty.[4] In 2001, Lamb founded Lamb Development Corporation.[5] It specializes in high style condominium projects, such as Flatiron Lofts, Worklofts, Glas, Parc, King Charlotte, Gotham Ottawa, The Harlowe, Theatre Park and Brant Park. The company has spread beyond Toronto to build and develop structures in Ottawa, Montreal, Calgary, Edmonton and Hamilton.[5] Despite the boutique-style size, his agency became one of the most prominent sellers of condominiums in Toronto. In 2007, at the height of the property boom, his company's agents sold some 2,000 condos worth over $800 million.[7] When the market slowed in 2008, the firm still moved about $525 million in real estate.[6] According to Lamb's website, his agents have sold over 22,000 condominiums for over $8 billion as of 2016.[8]

Lamb is known for his billboards, particularly a 2007 series of ads that depicted a lamb with Lamb's head and the slogan "This Lamb Sells Condos."[9][6] He has become "a household name in Toronto"[5] and is often featured in the media as a real estate expert.[10]

In 2017, William Shatner accused Lamb of using Shatner's name and caricature likeness in his brochures to sell real estate.[11]

Wellington House

In 2017, Lamb applied to obtain approval at the city level to build a 23-story building behind two 19-century heritage homes at 422-424 Wellington St. W. in downtown Toronto, a project that was originally marketed as Wellington House.[12][13] The proposed project required rezoning approval from the City of Toronto, but negotiations for those rule changes broke down, forcing the cancellation of units in the building in 2018.[14] On March 23, 2020, Wellington House partially caught on fire amid the COVID-19 pandemic.[15] Police say that at least one small explosion took place inside the abandoned semi-detached houses.[15] Only two days later, the same building caught fire once again.[16]

Pre-Construction Condominiums and Cancellations

Besides Wellington House, Lamb cancelled Jasper House condo project in Edmonton in 2017.[17] Early in 2018, Lamb cancelled the James condo at 452 Richmond St. W. due to a re-zoning issue.[18] In 2019, it was announced that Lamb's development of Television City in Hamilton is delayed to 2025.[19] In the same year, another project from Lamb Development Corp. in downtown Toronto was cancelled.[20]

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References
  1. "2016 Real Estate Roundtable: Does Toronto's red-hot market still have room to run?". Post City Toronto. 2016-04-11. Retrieved 2016-11-29.
  2. Peksa, Samantha (2015-09-15). "Real Estate: We check in with our expert panel for a fall update on the Toronto housing market". Post City Toronto. Retrieved 2016-11-29.
  3. "In Like a Lamb Out Like a Lion" (PDF). Real Estate Wealth. April 2014. Retrieved 2016-11-29.
  4. Whyte, Murray (2009-03-29). "Not just a condo wolf in Lamb's clothing?". The Toronto Star. Retrieved 2016-11-29.
  5. "The Briefing: Charles Lamb" (PDF). Alberta Venture. October 2014. Retrieved 2016-11-29.
  6. Pupo, Mark (February 2007). "Mr. Big" (PDF). Toronto Life. Archived from the original (PDF) on 2016-08-12. Retrieved 2016-11-29.
  7. George, Lianne (2007-12-31). "A 'hip' lifestyle of one's own: there have never been so many single, urban homebuyers--and condo-sellers know just how to reach them". MacLean's. Archived from the original on 2016-12-01. Retrieved 2016-11-29. and if you don't believe him, try arguing with his company's $3 billion in sales revenues ($800 million in 2007 alone)
  8. "Why Choose Brad J Lamb?". torontocondos.com. Archived from the original on 2016-12-01. Retrieved 2016-11-29.
  9. Topping, David (2007-01-04). "Tall Poppy Interview: Brad J. Lamb, Real Estate Broker - news". Torontoist. Retrieved 2016-11-29. … his omnipresent posters that show his head plastered onto a lamb's body with the tagline "This Lamb Sells Condos" above it.
  10. Topping, David (2007-01-04). "Tall Poppy Interview: Brad J. Lamb, Real Estate Broker - news". Torontoist. Retrieved 2016-11-29. he is cited as an expert on real estate and urban growth by everyone from the National Post to Eye to the CBC's The Hour.
  11. Vize, Shayla. "Brad Lamb responds to William Shatner's tweet about Hamilton condo - CHCH". www.chch.com.
  12. "Wellington House | UrbanToronto". urbantoronto.ca.
  13. "For some, buying a presale condo is a gamble".
  14. "For some, buying a presale condo is a gamble".
  15. "Fire rips through abandoned heritage building in downtown Toronto". www.blogto.com.
  16. "Heritage building in downtown Toronto on fire for the second time this week". www.blogto.com.
  17. "Toronto developer Brad Lamb cancels long-planned Edmonton condo project". edmontonjournal.com.
  18. "Toronto Storeys' Housing Issue of 2018: Condo Cancellations". Toronto Storeys. 17 December 2018.
  19. "Ontario regulator moves to address condo cancellations, but is it enough?".
  20. "Lamb Development condo project in downtown Toronto delayed".
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