TAS is an unconventional impact company that uses real estate as a tool to drive profit and purpose.

We are tackling climate change, broadening affordability and equity, and building social capital to create neighbourhoods– and ultimately cities – where people thrive and belong. 

We champion conversation and collaboration to push the boundaries of innovation and explore what is possible.

Two children painting a wall
The Duke condo on Dundas West

We are an industry leader in impact-driven ground-up development and asset management.  

We manage a best-in-class private equity platform focused on the belief that profit is foundational, but not the only goal. 

As land use developers, we recognize the longstanding history of the lands on which we operate, and that Indigenous Peoples have cared for these lands since time immemorial.

Our Reconciliation Action Plan reflects our current understanding of how we can best contribute to the important work of reconciliation and have the greatest impact.

Our Approach

Two men at a community consultation event

It Starts With Neighbourhoods

In a great neighbourhood, people connect with each other. They care for each other.  

And they’re committed to helping each other. 

When neighbourhoods work well, cities work well, too – they’re the essential building blocks of vibrant and thriving cities. 

Our Vision

But too few neighbourhoods are fostering connection, care and commitment. Inequality has grown, sustainability has decreased and affordability is a problem for too many people.  

At TAS, we’re putting people and neighbourhoods first. We believe that’s the best way to build cities that are more livable, more diverse, more inclusive – and more human. 

We Don’t Do It Alone

We listen and deliver solutions that meet the needs of people who work and live in the neighbourhoods our projects aim to serve. 

We showcase our work so others can learn through our journey.  

We’re guided by curiosity and use a laboratory model to explore what is possible. If we fail, we fail fast.  

We believe companies should pursue profit and purpose. We work with investors to share our work and amplify our vision.  

By The Numbers

7M+ sq ft

Active development pipeline and portfolio under management.


Projects operating or in various stages of development in the Greater Toronto and Hamilton Area, including ground-up developments and a growing portfolio of Commercial Community Hubs.


Equity capital raised for diversified real estate strategies since 2012.


Value of assets TAS has entitled, developed and completed.

Evolution & Legacy


As new immigrants to Canada, Babak and Tooran Mortazavi founded TAS because they saw custom home building as a powerful tool that could help families thrive.


During its first 20 years of operations, TAS delivered over 120 homes to families in neighborhoods across Toronto. The firm was recognized and celebrated as an industry leader for its focus on quality, livability, and design in every detail.


Mazyar Mortazavi joined his parents at the leadership table, TAS entered Toronto’s emerging condominium market and started delivering ground-up mixed-use development projects.


TAS launched its private equity platform and started attracting a diverse range of partners seeking to align their capital and expertise with purpose.


Our wonderfully talented and diverse team of 55+ professionals are using real estate as a tool to deliver impact with and for communities.

*All numbers are as of November 2022.