Affordable Housing Fund

KingSett Capital | Canada’s Leading Private Equity Real Estate Investment Firm

KingSett Affordable Housing Fund invests in the creation of high-quality housing to address the escalating issue of housing affordability in Canada. The Fund seeks stable, risk-weighted returns by scaling a portfolio of urban housing communities with a meaningful affordability component. Investments include net-zero development projects and income-producing properties that are operated in partnership with community agency groups.

Risk-Return Profile: Value-Added
Structure: Open-Ended
Investor Types: Institutional, Family Office

2020

Inception

$1.0B+

Investments Owned & Approved

3,130

Total Housing Units Owned & Approved

2020

Inception

$1,0 B

Investments Owned & Approved

3,130

Total Housing Units Owned & Approved

Investment Thesis & Strategy

Housing Affordability Challenges

Rising rents in major markets are outpacing income growth, making housing less affordable. Under significant pressure to address this issue, all levels of government are working toward deploying new programs.

Housing Supply/Demand Imbalance

Canada faces a persistent housing shortage as new construction lags population growth. Regulatory hurdles and lengthy approvals – especially in high-density urban areas – has further slowed development.

Scalable, Purpose-Built Housing Expertise

Since the Fund’s inception in 2020, KingSett has developed relationships and specialized expertise in navigating a complex landscape to deliver scale, high-quality, purpose-built multi-residential housing with a meaningful affordable component.

High-Quality, Sustainable Housing Product

In addition to addressing affordability, the Fund is committed to sustainability through the development of zero-carbon design projects and implementation of geothermal systems.

Featured Investments

West Square Phase 1 is a purpose-built rental community in Toronto's Islington-City Centre West neighbourhood, delivering 494 new homes, including 217 affordable rental units. The development is powered by a shared geothermal system, features green roofs and EV charging infrastructure and achieved the Canada Green Building Council's Zero Carbon Building - Design Standard. West Square Phase 1 is the first completed development of the KingSett Affordable Housing Fund.

WEST SQUARE PHASE 1
Toronto, ON

West Square Phase 2 will build on the vibrant community established through Phase 1, adding 641 purpose-built rental homes across two additional buildings. Designed to meet the Canada Green Building Council's Zero Carbon Building - Design Standard, Phase 2 will utilize a fully electric, low-carbon mechanical system as KingSett continues to expand housing at West Square.

Aerial rendering of two modern high-rise buildings with a mix of glass and brick facade, surrounded by trees, roads, and a park in an urban setting.

WEST SQUARE PHASE 2
Toronto, ON

50 Wilson Heights is a transit-oriented rental housing community being developed in partnership with Greenwin on City of Toronto Housing Now lands. Located adjacent to Wilson Station, the project will deliver 767 purpose-built rental homes and include a childcare centre, community space, retail uses and public parkland. Designed to support the City's housing and climate goals, the development targets the Toronto Green Standard and will be serviced by a geothermal energy system.

Rendering of a modern urban scene featuring two sleek, glass skyscrapers against a blue sky with clouds.

50 WILSON HEIGHTS
Toronto, ON

Birchmount Green is a 220-suite purpose-built affordable and supportive housing community located at the intersection of Birchmount Road and Lawrence Avenue East. Developed in partnership with community agencies, 93 suites are dedicated to supportive housing through five nonprofit service providers.