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Toronto's office leasing recovery may spur investment activity

Year-to-date office sales are lowest since pandemic, but tide could turn
Dejardins Global Asset Management acquired 70 York Street from Kingsett Capital in November for $134.6 million. (CoStar)
Dejardins Global Asset Management acquired 70 York Street from Kingsett Capital in November for $134.6 million. (CoStar)
CoStar Analytics
December 10, 2025 | 3:13 p.m.

Toronto’s office investment market still faces significant headwinds, with sales volumes plummeting to $1.05 billion in the first 11 months of 2025 from $4.28 billion in 2022, the lowest since the pandemic's onset. But investor sentiment toward office space is gradually improving.

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News | Toronto's office leasing recovery may spur investment activity