First Avenue

About First Avenue

First Avenue is a real estate operator. First Avenue operates in Hamilton, Ontario and Toronto, Ontario, Canada. Its investment focus is on Condominiums, Multifamily - Ground-up and Standalone Retail.

First Avenue is a privately held, family-owned real estate development company based in Woodbridge, Ontario. The company has more than 30 years of experience developing, building, and managing residential and commercial properties across the Greater Toronto Area (GTA). Operating with a team of approximately 11–50 employees, First Avenue is led by two generations of the Morelli family and maintains a hands-on approach to development and asset management. The company focuses on condominium developments, purpose-built rental apartments, mixed-use residential projects, and commercial properties. Its portfolio includes projects such as The Bennett, a 160-suite condominium in North York, Qube Condos with 74 suites, FiveNineNine with 60 rental apartments and ground-floor retail, and 5225 Highway 7, a 166-suite residential development in Vaughan.

Principals at First Avenue

Recent activity at First Avenue

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First Avenue's project portfolio

No projects on file for First Avenue yet.

Markets and themes

Markets First Avenue operates in

• Hamilton, Ontario
• Toronto, Ontario, Canada

Investment themes at First Avenue

• Condominiums
• Multifamily - Ground-up
• Standalone Retail

Capabilities

• Mixed Use
• Public-private partnerships
• Sustainability
• Transit-oriented development
• Urban infill

Operators similar to First Avenue

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• Willard Retail
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• Stonegate Group, LLC
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• Grand/Sakwa Properties, LLC
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• SP Developments
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• Cal-Coast
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• Pine Street Group L.L.C. (PSG)
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• Poverni Sheikh Group
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Frequently asked questions about First Avenue

What does First Avenue do?

First Avenue is a privately held, family-owned real estate development company based in Woodbridge, Ontario.

What markets does First Avenue operate in?

First Avenue is active in Hamilton, Ontario and Toronto, Ontario, Canada.

How many employees does First Avenue have?

First Avenue has 11–50 employees.