Ontario

Kingston Retail Market Report 2025 — Prices, Cap Rates & Trends

In the Kingston retail market, the median recorded sale price is $2,050,000, across 57 recorded transactions, between 2021-12-16 to 2025-12-31.

Analyze a deal

$2M

Median sale price

Recorded transactions

-29.6%

YoY change in median

Price distribution

Where Kingston retail sale prices sat across 57 recorded transactions.

Median sale price by year

4 of 5 years in the window carried enough recorded sales to plot a median for Kingston retail.

Recorded transaction volume by year

Year	Recorded transactions
2021	2
2022	14
2023	10
2024	16
2025	15

This market vs. Ontario overall

Metric	Kingston	Ontario
Median sale price	$2,050,000	$2,194,500
25th percentile	$1,450,000	$1,325,000
75th percentile	$4,500,000	$4,750,000
Recorded transactions	57	29,749
Year-over-year change	-29.6%	-5.5%

Asset classes in Kingston

Asset class	Median price	Transactions
Industrial	$1.6M	48
Land	$2.2M	24
Multifamily	$1.8M	104
Office	$1.9M	25
Other	$1.6M	86
Retail	$2M	57

Retail across Ontario markets

Market	Median price	Transactions
Barrie	$2.6M	52
Belleville	$1.4M	26
Brantford	$1.7M	47
Greater Sudbury	$1.9M	37
Guelph	$2.4M	39
Hamilton	$1.7M	223
Kingston	$2M	57
Kitchener-Cambridge-Waterloo	$2M	158
London	$2.1M	139
Oshawa	$2.2M	72
Ottawa	$2.6M	199
Peterborough	$2.2M	27
St. Catharines-Niagara	$1.6M	151
Thunder Bay	$1.3M	25
Toronto	$2.1M	1,287
Windsor	$1.6M	102

Rental market context

The CMHC Rental Market Survey reports a 2.4% purpose-built rental vacancy rate for Kingston (2025). This is residential rental context, not a commercial metric.

Recent recorded sales

Month	Area	Price band	Type
2025-12	Kingston, ON	$750K–$1.0M	Retail
2025-12	Kingston, ON	$500K–$750K	Retail
2025-12	Kingston, ON	$3.5M–$4.0M	Retail

Municipality, month and price band only.

Common questions

What is the median retail sale price in Kingston?

$2,050,000, across 57 recorded transactions in our dataset.

Are Kingston retail prices rising or falling?

The median recorded sale price changed -29.6% year over year in the most recent full comparison.

Methodology

This page draws on 57 recorded commercial transactions in Kingston between 2021-12-16 and 2025-12-31, from the EVALUAITE Market Intelligence dataset. A city and asset class is published only once it carries at least 50 recorded transactions.

Too few of these sales reported a cap rate to publish a range, so none is shown. 4 of 5 years carried enough sales to plot a median; the rest report volume only. The year-over-year comparison had enough sales on both sides to compute. CMHC rental context is available for this market.

Prepared by the EVALUAITE Market Intelligence team.