The Kielburger Family's Private Real Estate Empire And Its Recent Deal With The City Of Toronto
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The Kielburger Family’s Private Real Estate Empire And Its Recent Deal With The City Of Toronto
Properties on Carlton Street are part of a once-expansive portfolio owned by the parents of Craig and Marc Kielburger

The City of Toronto is expected to spend up to almost $10 million over 15 years to lease and renovate a property owned by the parents of Craig and Marc Kielburger, the co-founders of the WE organization. Despite speculation by residents of Toronto’s Cabbagetown neighbourhood, who have pointed to Mayor John Tory’s long relationship with the Kielburgers, a spokesperson for the mayor says he had no involvement in the decision, which was made by City staff without Council approval.

The property is currently assessed at just under $2.3 million for tax purposes.

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