• Kingston’s thriving economy, affordable real estate market, and outstanding quality of life have allowed a great number of Airbnb hosts and investors to generate a substantial rental income from their properties
• Utilizing the Airbtics Tool, we’ve discovered the top 7 areas in Kingston that present enticing investment opportunities. Additionally, we provide essential Airbnb metrics and suggestions regarding property types.
• An Airbnb host can earn up to C$67,289 with a median occupancy rate of 75% for a 2-bedroom apartment in Kingston, ON.

Discovering Prime Opportunities: Buy-to-Let Investments in Kingston

Nestled on the northeastern end of Lake Ontario, we can find the charming city of Kingston, also known as “Limestone City”. This destination is highly known for its scenic beauty and historical richness as well as for being the economic and cultural hub of the Frontenac County region.

Kingston is truly a captivating city that, especially for history lovers due to its outstanding historical background. But in recent times it has also captured the eye of investors because of its demographic and economic growth, real estate affordability and strong rental market. Moreover, the city is one of the top 20 locations in Canada to invest in, according to Site Selection Magazine.

However, before you begin this venture, it’s crucial to set smart strategies and leverage Airbnb research tools and identify the most promising neighborhoods to ensure the success of your rental property.

In this blog post, we reveal the top areas for buy-to-let investments in Kingston. Additionally, we mention some essential benefits that real estate investors should take into account when contemplating investments in Kingston!

Why should you consider investing in the real estate market of Kingston, ON?

If you’re looking to own a rental property in Kingston, you’re in luck. Not only do you get to enjoy some of Canada’s most beautiful scenery, but you’re also on the cusp of achieving financial independence thanks to Kingston’s ranking as one of the best cities in Canada to invest in Airbnb. Still, you may be asking, “What are the advantages of investing in Kingston’s real estate market?”

Check out some reasons why investing in rental units in Kingston is a great idea:

• Booming real estate market

In recent years, Kingston has stood as a thriving and growing city, drawing in both current residents and newcomers. The strong demand for housing makes real estate investment an appealing choice. In addition, the city is home to prestigious educational institutions that draw students and professors, ensuring a consistent need for rental housing, especially for student accommodations.

And while Kingston is an up-and-coming city, the cost of living is relatively affordable compared to other major Canadian cities such as Toronto or Vancouver. This makes it more accessible for investors to get reasonably priced properties and earn a potentially high return. Currently, the average house price in Kingston is C$613K.

• Balanced economy

Kingston is a city with a strong, stable and diversified economy. It not only serves as an educational center, housing prestigious institutions like Queen’s University, but it’s also home to innovative startups and growing multinational corporations. The city owns a diversified job market with diverse industries, including healthcare, research & development, manufacturing, and hospitality. This presents a solid foundation for long-term economic growth while also generating lucrative investment opportunities.

• Good quality of life 

The quality of life in your target market area is a key factor to consider because it can greatly impact the success of your listing. If you’re looking to invest in rental properties in Kingston, then you’ll like the living conditions that the city offers. 

Kingston provides a superb quality of life. It stands as a clean and safe city, characterized by low crime rates and a friendly environment that allows newcomers and visitors to feel at home as soon as they set foot here. Moreover, it offers a wide array of services and amenities, including shopping centers, restaurants, parks, and leisure facilities.

Additionally, Kingston is known for its excellent academic institutions like Queen’s University and the Royal Military College of Canada. So, living in Kingston gives you access to renowned education and career development opportunities.

• Fascinating history & wide array of attractions

Looking for a place that blends breathtaking natural beauty with a rich historical background? Then you’ll certainly love Kingston. One of the most outstanding features of Kingston is its history! As a UNESCO World Heritage Site, the Kingston History Centre is a place that history enthusiasts will find fascinating.

The city boasts a vibrant cultural and entertainment scene, featuring an array of festivals, events, and year-round activities. These encompass concerts, art galleries, theaters, and exhibitions.

This destination enjoys a prime location along the north shore of Lake Ontario. This means there is an abundance of natural beauty and outdoor activities to enjoy. You can easily engage in exciting activities like lakeside walks, boating, hiking and biking in the city’s parks and green spaces.

Is Airbnb Profitable in Kingston, ON?

Rest assured! Airbtics confirms that owning an investment property in Kingston can offer you a financially rewarding experience and excellent Airbnb business opportunities.

For instance, an average Airbnb host can earn up to C$67,289 with a median occupancy rate of 75% for managing a 2-bedroom apartment in Kingston, ON as confirmed by Airbtics’ free Airbnb profit estimator.