With its thriving public & private sectors, Canadian Forces presence, and high average household income, Kingston’s economy is poised for growth over the next several years as it is becoming a hotbed for corporate investments. Comparative to the population, there is a relatively high retail and service presence. Moreover, the city has high quality, well-established supply chains, boasting the lowest corporate taxes on the continent.
With 95% of the student population being from outside the borders of Kingston, the rental demand continues to grow. Queen's University only offers 4,500 beds on campus, leaving majority of the students requiring off-campus housing. With the high rental demand, Kingston provides landlords with the low vacancy rate of 0.7% & higher than normal rental rates.
ABOUT THE DEVELOPER
PATRY INC. DEVELOPMENTS
DEVELOPER & BUILDER
Patry Inc Developments is one of Kingston’s premier multi-unit residential developers. All units developed by Patry Inc Developments are managed by Patry Inc. Property Management. Both companies are family owned and bring years of property development and management experience to the table. The high standards, attention to detail, and commitment to tenants is what elevates Patry Inc above the rest.
Notable Projects: 655 Princess St. (Kingston)