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    For Sale - 480 Victoria Street, Kingston, Ontario

    Est payment $3,832/mo
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    Views   1
    Time on Jump  10 day

    AI Summary *

    • All-brick residence with strong investment potential for parent buyers and investors.
    • Configured as a five-bedroom rental plus an occupied bachelor suite.
    • Main home is vacant, allowing for new rent setting and tenant choices.
    • Recent updates include renovated bathrooms, new carpet, and updated appliances.
    • Deep lot with space for four vehicles, enhancing income opportunities.




    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!
    Listing IDX13436752
    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

    Parking 4.00
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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