The District on Gardiners Condos is a new preconstruction condo development by Patry Group located at Gardiner Rd and Taylor Kidd blvd, Kingston.
This 3,000 sq ft parcel will incorporate a 5-6-storey residential building comprising of 196 condo units and additional townhouses on the first level. The amenities will include a rooftop patio, extensive open space with a clubhouse, fitness centre, party room, & pickle ball court.
THRIVING ECONOMY
Kingston has one of the smartest workforces in Canada, with the most Ph.D. graduates per capita according to StatsCan. The city has also received
numerous awards. In 2019, Site Selection Magazine identified Kingston as one of the Top 20 Places to Invest in Canada. And in 2021, StartupBlink ranks Kingston 9th in Canada for its start-up ecosystem.
Kingston has a diverse economy ranging from manufacturing, public administration, health care, agriculture to mining. This offers investors a wide range of market opportunities and talent.
INCREASED MIGRATION
As per the CMHC Rental Market Report (January 2023), there were 30% more new permanent residences settled in the Kingston area in the first 3 quarters of
2022 than the same period in 2021. Strong growth in employment for those aged 25 to 44 brought a steady inflow of new tenants. Students returning to Queen’s University and St. Lawrence College also increased demand for rental accommodations.
The District on Gardiners provides a great opportunity for modern living in a community with a multitude of historic roots. The site is strategically located giving the residents’ an outstanding sense of convenience as it is situated near all of the everyday shops you would need. There is also a variety of restaurants, shopping malls, and parks merely minutes away, while also being near the main arteries of the city. Additionally, The District on Gardiners is only 5 minutes away from the core of a vibrant downtown and Queen’s University.
KINGSTON GROWTH
Kingston was the 9th Fastest Growing Mid-Sized CMAs in Ontario, 2016 – 2021 at a rate of 7.1% with a population of 172,546.
Between 2021 and 2041, the population for the City of Kingston is forecast to increase by 36,278 persons (22.74% growth).
The Cataraqui Westbrook/Cataraqui North area experienced more than 20% population increase and will continue that growth that rate over the coming decades.
Patry Group
Patry Group is a privately-owned integrated real-estate development company that provides a wide range of rental apartment units and commercial spaces to the Kingston and Ottawa communities. We directly own and manage just over 4,200 residential units and about 4,700 mixed-use units at various stages of planning applications, with an additional 400,000 sq. ft. of commercial space under direct ownership or management. We take on development challenges and strive for success with the highest levels of design, sustainability elements, and innovative solutions to complex problems.
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