Kingston residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Kingston is the Limestone City — home to Queen's University, RMC, and rich Canadian history.
Population ~136,000 · Updated 2025Rates and features as of 2025. Always verify directly with the institution.
Kingston buyers pay Ontario LTT only — no municipal land transfer tax applies here.
Rates: 0.5% ≤$55K · 1.0% $55K–$250K · 1.5% $250K–$400K · 2.0% $400K–$2M · 2.5% above $2M. FTB rebate: full ($4,000) if price ≤$368,000, partial up to $400,000, zero above $400,000.
Local answers for Kingston home buyers and savers.
Kingston's housing market averages roughly $580,000–$700,000 for residential properties. The university and military presence keep demand steady. Check KAREA (Kingston and Area Real Estate Association) for current figures.
No. Kingston buyers pay only the provincial Ontario LTT — no municipal tax. The MLTT only applies within the City of Toronto.
Kingston has all major bank branches including RBC, TD, Scotiabank, BMO, and CIBC. Kingston Credit Union and other co-operatives also serve the area. EQ Bank and KOHO offer competitive digital alternatives.
Kingston offers a more affordable entry point than Toronto, but prices have risen. At $580,000, you'd pay approximately $7,975 in Ontario LTT with no FTB rebate (prices above $400K). Use our calculator for exact figures.