480 Victoria Street Kingston, Ontario K7L 3Z7
$798,000
This well-maintained all-brick residence offers a compelling investment opportunity for parent buyers and seasoned investors alike. Configured as a five-bedroom student rental in the main home with a self-contained bachelor suite at the rear, the property delivers immediate income potential with excellent long-term flexibility. The main home is now vacant, offering a rare opportunity for a new owner to set their own rents, select tenants or accommodate a parent-buyer purchase for the upcoming school year. Previously configured as a five-bedroom student rental, the front residence generated $4,995 per month at $999 per bedroom, inclusive of heat and hydro. The rear bachelor unit remains occupied for $1,075 per month, providing stable supplementary income. The main house offers pine hardwood flooring throughout the main floor, a full bathroom on the main level and a second full bathroom upstairs, providing strong functionality for student living. Bedrooms are spread across two levels with bright common areas and in-suite laundry. Recent improvements include a newly renovated downstairs bathroom, new carpet upstairs and updated appliances. Located on a deep lot, the property also offers the rare ability to accommodate up to four vehicles in the backyard, an extremely attractive feature that could add to the monthly income. Ideally positioned near Queen's University, downtown, transit routes, and major amenities, this property continues to perform year after year with consistent tenant demand. A rare opportunity to acquire a high-yield Kingston rental with strong cash flow potential, recent updates, and built-in upside. Schedule your viewing today! (id:49269)
Open House
This property has open houses!
1:00 pm
Ends at:3:00 pm
Property Details
| MLS® Number | X12881512 |
| Property Type | Single Family |
| Community Name | 14 - Central City East |
| Amenities Near By | Hospital, Public Transit, Schools |
| Community Features | School Bus |
| Equipment Type | Water Heater |
| Features | Flat Site, Dry, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Type | Crawl Space |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft ,10 In |
| Size Frontage | 32 Ft ,8 In |
| Size Irregular | 32.7 X 132.9 Ft |
| Size Total Text | 32.7 X 132.9 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Laundry Room | 1.29 m | 2.51 m | 1.29 m x 2.51 m |
| Second Level | Bedroom | 2.57 m | 1.96 m | 2.57 m x 1.96 m |
| Second Level | Bedroom | 3.3 m | 3.4 m | 3.3 m x 3.4 m |
| Second Level | Bedroom | 2.63 m | 2.69 m | 2.63 m x 2.69 m |
| Second Level | Bedroom | 2.65 m | 3.85 m | 2.65 m x 3.85 m |
| Second Level | Bathroom | 1.99 m | 1.73 m | 1.99 m x 1.73 m |
| Main Level | Bedroom | 4.72 m | 2.78 m | 4.72 m x 2.78 m |
| Main Level | Bathroom | 1.37 m | 2.35 m | 1.37 m x 2.35 m |
| Main Level | Kitchen | 3.21 m | 2.55 m | 3.21 m x 2.55 m |
| Main Level | Kitchen | 3.35 m | 4.41 m | 3.35 m x 4.41 m |
| Main Level | Primary Bedroom | 3.55 m | 4.06 m | 3.55 m x 4.06 m |
| Main Level | Bedroom | 3.58 m | 3.49 m | 3.58 m x 3.49 m |
| Main Level | Bathroom | 2.37 m | 2.1 m | 2.37 m x 2.1 m |
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May 09 2026 08:10:37
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