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

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  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...
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To Buy or Not to Buy: Deciding Whether to Buy a Home Right Now

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Ah, the age-old question: to buy a home or not to buy a home? It's a decision that can feel as daunting as choosing between a lifetime supply of pizza or a lifetime supply of tacos (a tough call, indeed). But fear not, dear reader, for I am here to guide you through this hilarious journey of homeownership contemplation. So grab your favorite snack and let's dive in!

First things first, let's address the pressing matter at hand: is now the right time to buy a home? Well, that depends. Are you ready to become intimately acquainted with your local hardware store? Have you sold your soul to the mortgage company? If so, then congratulations, you might just be ready to take the plunge into homeownership!

Let's talk about financial readiness. Are you ready to give up your daily Iced Caramel Cloud Macchiato habit in exchange for a down payment? Can you survive the emotional rollercoaster of bidding wars without breaking into a cold sweat? If you answered yes (or at least chuckled nervously), you might just be ready to adult!


But wait, there's more! Before you break out the champagne and start envisioning yourself as the next Sarah Richardson, let's talk about the less glamorous side of homeownership. Are you prepared to spend your weekends arguing with your significant other about paint colors? Can you handle the heart-stopping terror of discovering a leaky roof at 3 AM? If so, homeownership, where every day is an adventure (whether you like it or not)!

Now, let's address the big question: are you emotionally ready to own a home? Can you handle the responsibility of caring for something that requires more attention than a needy toddler? Are you prepared for the soul-crushing realization that your dream home might actually be a money pit in disguise? If you can answer these questions with a chuckle and a shrug, then you're one step closer to buying!

But remember, buying a home isn't just about financial readiness or emotional stability. It's about finding a place where you can create memories, build a life, and maybe even start a family (or at least a thriving indoor plant collection). So go ahead, take the plunge, and remember: no matter what happens, at least you'll have a roof over your head (even if it does leak occasionally).

And if all else fails, there's no problem in life that a good laugh and a stiff drink can't fix. Happy house hunting, my soon-to-be homeowners!

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