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Active

480 Victoria St

Kingston, ON K7L 3Z7

$798,000

480 Victoria St, KingstonListed at $798,000. 6 bedroom, 3 bathroom 2-Storey. MLS® X12881512.

6Beds
3Baths
1100-1500sqft
2-Storey
4Parking
$5,570.9 (2025)

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!

Price & Status History

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Property Details

Property TypeDetached
Style2-Storey
Community14 - Central City East
Rooms7+5
Kitchens2
Washrooms3
Square Feet1100-1500 sqft
Lot Dimensions32.7 × 132.85 ft
Fronting OnWest
Dir/Cross StVictoria and Princess St
Garage TypeNone
DrivePrivate, Available
Parking Drive Spaces4
Total Parking Spaces4
ExteriorAluminum Siding, Brick
RoofAsphalt Shingle
FoundationStone
BasementCrawl Space
Heating TypeForced Air
Heating SourceGas
A/CNone
SewersSewer
Taxes (2025)$5,570.9
HSTIncluded In
Listed Date3/13/2026
Days on Market88 days
PossessionFlexible

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Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Home Value
Estimate

Listing Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE

MLS® #X12881512

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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