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Thomas Barcier

tom@ygktom.com +1(613) 484-1183

$ 798,000

Est. payment -/mo

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Active

480 Victoria ST Kingston, ON K7L 3Z7

6 Beds

3 Baths

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 X12881512

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 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!

Location

State 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

GET MORE INFORMATION

+1(613) 484-1183

tom@ygktom.com

ygktom.com

2392 Princess St, Kingston, ON, K7M 3G4, CAN