480 Victoria Street

FOR SALE
$798,000
480 Victoria Street, Kingston
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
480 Victoria Street
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5 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 5
ROOMS
X13436752
MLSID
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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!
Property Features
Fenced Yard, Hospital, Public Transit, School, School Bus Route, In-Law Suite, Water Heater, Private, Available
Property Details
Address
480 Victoria Street
Postal Code
K7L 3Z7
Property Type
Detached, Detached
Lot Size
33' x 133'
Taxes
$5,571 (2025
Basement
Crawl Space
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Re/Max Rise Executives, Brokerage
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4
BEDS
2
BATHS
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BEDS
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