The University of Toronto has announced that it has reached an agreement that will allow it to acquire Knox College’s properties located on St George Street in Toronto, ON. U of T will purchase Knox College and the MacDonald-Mowat House for $45M, and will lease back the east wing of Knox College to Knox to allow the theological school to continue its operation. The property is seen as a strategic acquisition as it is one of the last missing pieces of the St George campus. “The agreement to acquire the Knox College building is a truly momentous occasion for the University of Toronto,” said U of T VP, operations and real estate partnerships Scott Mabury. “It has been a beloved part of the St. George campus for over a century – with the grandeur of Front Campus owing much to the property.” U of T Note: Archived stories may contain dead links or be missing source links.