Format Group is a Toronto-based developer renowned for its commitment to creating sustainable, high-quality homes across the Greater Toronto Area (GTA). With over forty years of combined experience in real estate construction and development, Format Group specializes in mixed-use residential projects, multi-family homes, and mid to high-rise condominiums. Their portfolio reflects a dedication to unique design, community integration, and long-term environmental sustainability. Operating from their office at 5050 Dufferin St., Suite 120 in Toronto, Format Group is led by industry experts Ali Mohtashami (CEO) and Babak Sarshar (President), both bringing decades of experience and advanced degrees in engineering and business administration.
Philosophy & Approach
Format Group’s philosophy centers on creating developments that harmonize with their surroundings while prioritizing sustainability and innovation. They adopt an ESG (Environmental, Social, Governance) approach to ensure their projects are environmentally friendly, socially enriching, and governed with integrity. This commitment extends to using high-quality materials, minimizing environmental impact, and fostering vibrant communities. Their transparency with clients and investors underscores their dedication to mutual success and long-term value.
Services & Partnerships
Format Group offers a comprehensive range of real estate development and construction services, including property audits, site evaluations, land acquisition, development approvals, and construction management. Their partnership with Pegah Construction Ltd., a general contracting firm with expertise in diverse sectors, enhances their ability to deliver exceptional projects. This collaboration ensures high-quality workmanship and custom designs, further elevating the value of their developments.
Notable Projects
Format Group’s portfolio includes standout projects like 707 Dovercourt, a 5-storey boutique loft building at Bloor and Dovercourt Road with 75 units ranging from 384 to 866 square feet. Another notable development is King Plus Condos, completed in 2015, located in Downtown Toronto at King St and Sherbourne St, featuring 132 suites between 560 and 880 square feet. These projects exemplify Format Group’s ability to blend modern design with functional living spaces.
Current & Upcoming Developments
Format Group is currently selling Earlscourt Condos, located at 1478 St Clair Ave W in Toronto. With prices starting in the low $700,000s, this development is set for occupancy in 2025. Additionally, they are preparing to launch 42 Lakeshore Rd W in Oakville, with pricing and move-in dates to be announced. These projects reflect Format Group’s ongoing commitment to delivering diverse housing options across the GTA.
Location & Neighbourhood
Earlscourt Condos, situated on St Clair Ave W in Toronto, is nestled in a vibrant neighbourhood known for its cultural diversity, local shops, and convenient access to public transit. The area offers a blend of urban amenities and residential charm, making it an ideal location for families and professionals alike. Similarly, 42 Lakeshore Rd W in Oakville promises a lakeside lifestyle with easy access to downtown Oakville’s boutiques, restaurants, and recreational spaces.
Why Choose Format Group?
Choosing Format Group means investing in a developer that prioritizes sustainability, community integration, and long-term value. Their ESG approach ensures that each project is environmentally responsible, socially enriching, and governed with transparency. With a proven track record of delivering high-quality developments, Format Group is a trusted name in the GTA’s pre-construction market, offering homes that cater to modern lifestyles while respecting the neighbourhoods they inhabit.
Developer information is compiled from public sources for general reference and may change without notice. E. & O.E.
