NorthPeak Homes, in partnership with WX3 Developments, is proud to announce the launch of an exciting new multi-family residential project at 845 Woodbine Road, in Kingston’s growing west end. This collaboration marks a significant step forward in meeting local demand for modern, flexible housing while offering buyers and investors innovative financing pathways under Ontario’s housing framework.

A New Standard in Multi-Family Living

The project at 845 Woodbine Road brings together the craftsmanship of NorthPeak Homes with the development expertise of WX3. Designed with today’s families and investors in mind, the community features:

  • A flexible multi-unit layout allowing multiple families to reside comfortably “next door” under one roof.
  • Spacious, contemporary floorplans that balance privacy with opportunities for shared living.
  • Premium finishes and smart design that reflect the builder’s attention to detail and long-standing commitment to quality.
  • A highly connected location, just north of Taylor Kidd Blvd., offering easy access to schools, shopping, and Kingston’s transit network.

This model of development creates opportunities for multi-generational households to live side-by-side, or for investors to purchase income-generating suites in a highly rentable area.

Why Multi-Family Makes Sense

Multi-family living is gaining traction across Ontario as homebuyers search for affordability, convenience, and community. Benefits include:

  • Affordability & Accessibility – Sharing land costs across multiple units lowers barriers for first-time buyers.
  • Community & Flexibility – Perfect for extended families wanting proximity while maintaining independence.
  • Investment Value – Consistent rental demand in Kingston makes these properties a reliable investment.
  • Low-Maintenance Lifestyle – Shared upkeep reduces the burden on individual owners compared to detached homes.

Financing Opportunities for Buyers

Ontario’s housing regulations offer several pathways to make multi-family ownership achievable:

  • Conventional Mortgages – Buyers can finance units individually, with the same down payment rules as single-family homes (minimum 5% down on eligible purchases).
  • Rental Income Qualification – Lenders may allow projected rental income from one unit to help buyers qualify for mortgages.
  • CMHC & Insured Mortgages – For down payments under 20%, insured financing is available through CMHC or private insurers, making ownership more accessible.
  • Investor Options – For those purchasing multiple units, financing structures can be tailored with rental cash flow in mind, supported by Ontario’s strong landlord-tenant regulations.

A Growing Kingston Market

Kingston’s west end is one of the city’s fastest-growing corridors. With proximity to schools, parks, and shopping, 845 Woodbine offers both lifestyle appeal and long-term value. The city’s universities, hospitals, and government employment base also drive consistent rental demand, ensuring stability for investors.

About the Partnership

  • NorthPeak Homes brings its reputation for building high-quality, energy-efficient homes that blend design and functionality.
  • WX3 Developments specializes in innovative multi-family and mixed-use projects, bringing financing, project management, and community-building expertise.

Together, the partnership is redefining how multi-family living can support both lifestyle needs and investment goals in Ontario.