Kingston, ON K7L 3Z7,480 Victoria ST
Kingston, ON K7L 3Z7,480 Victoria ST
Kingston, ON K7L 3Z7,480 Victoria ST
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Price Team

Price Team

+1(905) 308-8333
$819,900
Est. payment /mo
6 Beds
3 Baths
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 14 - Central City East

MLS Listing ID X12695036

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,570

Tax Year 2025

Property Sub-Type Detached

Property Description

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!

Location

Province ON

County Frontenac

Area Frontenac

Rooms

Family Room No

Basement Crawl Space

Kitchen 2

Separate Den/Office 1

Interior

Interior Features In-Law Suite, Water Heater

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private, Available

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Topography Dry,Flat

Lot Frontage 32.7

Lot Depth 132.85

Total Parking Spaces 4

Building

Unit Features Fenced Yard,Hospital,Public Transit,School,School Bus Route

Foundation Stone

New Construction false

Others

ParcelsYN No

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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

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Price Team

Price Team

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+1(905) 308-8333

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480 Victoria ST