What a home costs in Kingston, what you pay to close, and how much a physician program lets you buy.
Benchmark price for Kingston, July 2026, from the Kingston and Area Real Estate Association, MLS HPI. Board-wide figure. Other cities show the MLS Home Price Index benchmark unless marked. Figures reviewed August 2026.
A physician program could add
$0
to the home you can buy.
Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.
Kingston buyers pay only the Ontario provincial land transfer tax with no municipal surcharge. On a $700,000 home that is roughly $10,500.
Sources: Ontario Ministry of Finance, calculating land transfer tax; Ontario, land transfer tax refunds for first-time homebuyers. Rates reviewed August 2026.
Physician programs qualify residents on $185,000 in PGY-1 and PGY-2 and $225,000 from PGY-3, not on these salaries.
PARO, PARO-OTH arbitration decision, September 24, 2024, in effect from July 2025. The agreement expired June 30, 2026. PARO states its terms, including salary, stay in effect until a new agreement is reached. No 2026 grid had been published when this table was reviewed.
Is Kingston a good market for resident physicians?
Yes. Kingston's Queen's University teaching network produces a large resident and fellow population, and physician programs let them qualify on projected attending income with 10% down at prices well below the GTA.
How much is land transfer tax in Kingston?
Kingston charges only the Ontario provincial land transfer tax, roughly $10,500 on a $700,000 home, with no municipal surcharge.
