Killam Apartment REIT
Killam Apartment REIT (TSX: KMP-UN) is trading at CA$17.38, about ₹1,176 at today's CAD/INR rate, as of 30 Sep 2026, 10:31 AM ET, up 0.06% today. Indian residents can buy Killam Apartment REIT from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$17.35
Today's high
CA$17.43
52 week low
CA$15.65
52 week high
CA$19.21
KMP-UN opened at CA$17.43, closed previously at CA$17.37, and has traded between CA$15.65 and CA$19.21 over the past 52 weeks.
About
Headquartered in Halifax, Nova Scotia, Killam Apartment REIT stands as a prominent Canadian residential property owner, engaged in the acquisition, operation, management, and development of a substantial $3.6 billion portfolio that includes apartment buildings and manufactured home communities. The company's strategy for boosting its overall value and financial returns is built upon three core pillars: 1) optimizing revenue from its current assets, 2) strategically expanding its portfolio and diversifying its geographic presence through accretive acquisitions, with a preference for newer constructions, and 3) constructing high-quality properties in its primary operating regions.
Key statistics
Avg. volume
305.25K
Market cap
CA$2.12B
P/E Ratio
289.67
Price-to-sales ratio
5.43
Enterprise value
CA$4.35B
Free cash flow yield
3.26%
Debt-to-equity ratio
0.78
Return on equity
0.96%
ROIC
4.36%
Beta
0.93
Dividend yield
4.14%
Last dividend
CA$0.72
Financial overview
Revenue
CA$383.11M
Earnings per share
CA$0.24
Free cash flow
CA$66.33M
Net profit margin
2.03%
Gross margin
66.51%
EBITDA
CA$114.88M
Revenue growth
4.38%
Similar securities
This is not an investment recommendation
How to buy Killam Apartment REIT from India
Indian residents can buy Killam Apartment REIT shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Killam Apartment REIT and place an order
Find Killam Apartment REIT by name or by its ticker, KMP-UN, and choose an order type. Killam Apartment REIT trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Killam Apartment REIT position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Killam Apartment REIT from India
Trading and taxes when buying Killam Apartment REIT from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Killam Apartment REIT’s current yield is 4.14%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Killam Apartment REIT stock?
Yes. Killam Apartment REIT (KMP-UN) has been listed on the Toronto Stock Exchange since 2003, in the REIT - Residential industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Killam Apartment REIT share cost in rupees?
One Killam Apartment REIT share is CA$17.38 — about ₹1,176 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Killam Apartment REIT price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Killam Apartment REIT from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Killam Apartment REIT shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Killam Apartment REIT price. Paasa issues a capital-gains statement for your return.
Does Killam Apartment REIT pay a dividend, and how is it taxed in India?
Yes. Killam Apartment REIT pays a dividend and the current yield is 4.14%; the last declared dividend was CA$0.72 per share, about ₹48.71. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Killam Apartment REIT from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Killam Apartment REIT shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Killam Apartment REIT holding, its cost and its closing value.
How do I sell Killam Apartment REIT and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Killam Apartment REIT?
Yes. Killam Apartment REIT is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.