Is Kingston, Ontario Still Worth It for Real Estate Investors?

  A ground-level view on cost of living, buying power, and whether it makes sense anymore Let me be straight with you: I’m having a hard time making the numbers work in Ontario right now. And I’m not sure anyone is being honest enough about it. I work in real estate. I’ve seen how things get built, priced, and sold. So when I look at the cost of living in Kingston - and Ontario broadly - and then compare it to what you’re actually getting for your money, something doesn’t add up. This isn’t doom and gloom. It’s just an honest look at what the market is actually doing and what it means if you’re thinking about buying investment property here. The Cost of Living Reality Check Kingston used to be one of those “hidden gem” cities. Smaller than Toronto, cheaper than Ottawa, decent rental market because of Queen’s University and RMC. That story made sense five years ago. Today? Not so much. AVG. HOME PRICE $600K+ Kingston, 2024–25 AVG. RENT (2BR) $2,100+ Per month GROCERY COST HIGH vs. c...

Ready to buy a house? Find out here!


Ah, the epic journey of preparing to buy a house! Here comes a rollercoaster ride filled with paperwork, financial acrobatics, and the occasional existential crisis. But fear not, dear reader, for I am here to guide you through this adventure 



Step 1: "Ditch the Piggy Bank"

Say goodbye to your trusty piggy bank and start squirreling away those hard-earned pennies. It's time to channel your inner Scrooge McDuck and start saving for that down payment. Remember, every dollar counts—even the ones you find hiding in the couch cushions!



Step 2: "Dive Into the Credit Score Maze"


Ah, the mystical realm of credit scores—a place where numbers hold more power than Gandalf's staff. It's like navigating a labyrinth filled with hidden traps and elusive secrets. But fear not, brave adventurer, for with a little patience and a lot of humor, you'll emerge victorious with a credit score worthy of a homeowner!



Step 3: "Survive the Mortgage Application Madness"

Get ready to dive headfirst into the whirlwind of mortgage applications, where every document feels like a riddle wrapped in a mystery inside an enigma. It's like trying to solve a Rubik's Cube blindfolded—except instead of colors, you're matching financial statements and employment letters. 



Step 5: "Navigate the Homebuying Jungle"

Prepare to venture into the wild jungle of real estate listings, where every house is a potential treasure trove of dreams (and maybe a few nightmares). It's like going on a safari, except instead of lions and tigers, you're dodging bidding wars and negotiating with sellers. 


Step 6: "Celebrate Every Little Victory"

Whether it's finally reaching your savings goal or surviving a particularly grueling mortgage meeting, don't forget to celebrate every little victory along the way! Pop the champagne, break out the confetti, and revel in the glory of adulting like a boss.


And there you have it, a guide to getting financially ready to buy a house! Now go forth, armed with a hefty dose of determination, and conquer that real estate market like the genius you are! Happy house hunting!

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