snow covered rear of property with brick siding and a chimney Features: fence More Photos

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    For Sale - 480 Victoria Street, Kingston, Ontario

    Est payment $3,832/mo
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    Time on Jump  1 days

    AI Summary *

    • Well-maintained all-brick home configured for student rental with stable income.
    • Five-bedroom main residence leased until April 2026, generating strong monthly cash flow.
    • Self-contained bachelor suite offers additional income potential and stability.
    • Recent updates include a renovated bathroom, new carpet, and updated appliances.
    • Large lot with space for up to four vehicles, enhancing rental appeal.




    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, stable income with excellent long-term flexibility. The front residence is currently leased at $999 per bedroom, inclusive of heat and hydro, generating $4,995 per month, with all five tenants secured until april 30, 2026. The rear bachelor unit is occupied by a long-term tenant paying $1,075 per month, resulting in a total gross monthly income of $6,070. 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. The separate rear bachelor suite offers additional income stability. 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 very strong cash flow, recent updates, and built-in upside. Schedule your viewing today!
    Listing IDX12881512
    Address480 Victoria Street
    CityKingston, Ontario
    Price$798,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Detached
    ConstructionAluminum Siding, Brick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features In-Law Suite, Water HeaterAmenities Fenced Yard, Hospital, Public Transit, School, School Bus RouteOwnership FreeholdWaterfront NoneBasement Crawl SpaceFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX RISE EXECUTIVES, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    480 Victoria Street
    Kingston , Ontario
    6 3 $798,000
    Get more info