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KingSett bets on downtown Toronto office revival

Rob Kumer's company purchases office tower at 415 Yonge St. for $59.2 million
KingSett Capital recently purchased this office tower in Toronto for just under $60 million. (CoStar)
KingSett Capital recently purchased this office tower in Toronto for just under $60 million. (CoStar)
CoStar News
October 9, 2025 | 6:57 P.M.

KingSett Capital has acquired a high-vacancy, 20-storey office tower at 415 Yonge St. in downtown Toronto. The private equity real estate firm is looking to increase occupancy at the more than half-empty building.

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News | KingSett bets on downtown Toronto office revival