Sam Mizrahi, born in 1971 in Tehran, Iran, is a prominent Iranian-born Canadian real estate developer. Mizrahi's family emigrated to Canada in 1977, shortly before the Iranian Revolution, when he was six years old.
Mizrahi began his entrepreneurial journey at a young age. At 16, he started buying and selling batteries and blank audio-video cassettes while still in high school. This early business venture eventually led him to real estate development.
In 1992, Mizrahi founded Dove Cleaners, a dry-cleaning company that later became known as DoveCorp. The company was listed on the TSX Venture Exchange in 2005 but filed for restructuring in 2007. Mizrahi later sold his interest in Dove Cleaners to focus entirely on real estate development.
Mizrahi is the founder and president of Mizrahi Developments, a real estate development firm known for luxury condominium projects in Toronto, including 133 Hazelton, 181 Davenport, 128 Hazelton, and the Forest Hill Jewish Centre, as well as 1451 Wellington in Ottawa.
One of Mizrahi's most significant projects is "The One" at the intersection of Yonge and Bloor streets in Toronto. Proposed as a 91-story residential skyscraper, "The One" is set to be the tallest condominium tower in Canada. The project has faced delays and cost overruns and was placed in receivership in 2023, with Mizrahi being replaced as the project manager in 2024 due to various issues.
Despite the challenges faced in his career, Mizrahi believes in passion and surrounding oneself with experienced individuals as key ingredients to success. He is also a philanthropist, supporting various charities in health care, the arts, and community development.