Format Group
Format Group is a Toronto-based developer with over forty years of combined experience in real estate construction and development under their belt. Operating across the GTA, this developer specializes in mixed-use residential developments, multi-family homes, and mid to high-rise condominiums. This stellar team of passionate experts devotes themselves to creating homes with unparalleled value and being sustainable.
They work hard to make sure that each of their developments has a unique style and exists in harmony with the neighbourhood they are built in. This developer prides itself on serving the communities they build in by using thoughtful, forward-thinking techniques and always considering the needs of residential and commercial stakeholders. When building homes,
Format Group is always thinking of the long run.
They believe that quality developments are necessary for a better future. The developer ensures its projects have a positive impact on residents and society. You can find them at 5050 Dufferin St., Suite 120 in Toronto.
Being green is of great consequence to this company . For this reason, they have taken on an ESG approach to building eco-friendly homes for growing families throughout the GTA. They prioritize being sustainable and innovative to not only provide for their residents today, but also decades in the future. The letter "E" stands for "Environmental." This developer carefully considers their impact on our planet to create environmentally friendly projects made of high-quality materials built to last. The letter "S" stands for "Social." Format Group ensures that each development enlivens its community and complements its existing buildings and atmosphere. The letter "G" stands for "Governance." This developer focuses on meeting and going beyond the expectations of their residential and commercial stakeholders with their high-quality projects.
This developer is continuously evaluating how compatible their projects are with the surrounding community and how they can better align each project with their unique locations. They provide invaluable skill, knowledge and resources to deliver remarkable mixed-use and residential projects within the GTA that meet their own high standards.
Moreover, this developer always has the future in mind when producing projects. Therefore, they always take a green approach. The developer has full transparency with their clients and investors at every stage of the process because they believe in integrity and are committed to achieving mutual success.
Format Group provides their clients and investors with a diverse range of real estate development and construction services to fulfill their every need and desire. Their services assist in auditing an existing property, orchestrating site evaluations and due diligence, acquiring properties, obtaining development approvals, and facilitating the final construction. They are known for their talents in choosing sites and land acquisition, project feasibility studies, planning and other development approvals, architectural and engineering design coordination, project financing, as well as marketing and sales coordination.
This developer has partnered with Pegah Construction Ltd., a general contracting and project management firm, to expand their services further and include general contracting in their repertoire. With decades of experience in commercial, recreational, industrial, retail, residential, transportation, and historical building sectors, Pegah has built a phenomenal reputation for delivering high-quality workmanship and custom designs. With the help of Pegah, Format Group brings greater value to their projects than ever before.
This organization's knowledgeable leader and CEO is Ali Mohtashami, an expert in construction and development who has over three decades of experience in the private and public sectors. Mohtashami is a graduate of both the University of Toronto and York University, earning him a bachelor's degree in Civil Engineering and a Master of Business Administration. He prioritizes delivering extraordinary developments to stakeholders and creating sustainable homes of the finest quality.
Babak Sarshar acts as the President of Format Group. During his thirty years working in residential and commercial real estate development in the GTA, Sarshar has had a great deal of experience in various diverse aspects of land acquisition, financing, development approvals, marketing, and sales for developments of all scales. He earned a master's degree in Civil Engineering and Management Science from Imperial College in London.
Previous Projects
707 Dovercourt
This beautiful boutique loft with modern finishes is located at Bloor and Dovercourt Road. It stands 5-storeys tall and contains 75 units ranging from 384 square feet for bachelor suites to 866 square feet for a two-bedroom plus den.
King Plus Condos
This memorable condo project completed in 2015 is located in the heart of Downtown Toronto at the intersection of King St and Sherbourne St. It has 132 suites ranging from 560 to 880 square feet.
All New Condo Developments By Format Group
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