480 Victoria Street, Kingston, ON K7L 3Z7, Kingston, ON, K7L 3Z7
MLS: X12881512 | Detached
$798,000
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!
Quick Facts
- Property Type: Detached
- Style: 2-Storey
- Bedrooms: 6 (5 above, 1 below)
- Bathrooms: 3
- Attached: Yes
- Parking: 4.0 spaces (Private, Available)
Costs
- Annual Taxes: $5,570.90 (2025)
Listing Provided by: RE/MAX RISE EXECUTIVES, BROKERAGE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: Crawl Space
Exterior & Construction
- Style: 2-Storey
- Roof: Asphalt Shingle
- Construction: Aluminum Siding, Brick
- Foundation: Stone
- Sewer: Sewer
Lot & Land
- Pool: None
Community & Neighbourhood
- Neighbourhood: 14 - Central City East
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
Per TRREB / PropTx Virtual Office Website (VOW) terms, this data is available to logged-in users who have accepted the VOW Terms of Use.
Sign In or RegisterLocation & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
91 Bellefontaine Street, Toronto E05, ON M1S 4E7, Toronto E05
Att/Row/Townhouse$798,000
$3,710/yr taxListing Courtesy of CHESTNUT PARK REAL ESTATE LIMITED
67 Hunter Drive, Norfolk, ON N0E 1M0, Norfolk
Detached$798,000
Listing Courtesy of PEAK PENINSULA REALTY
101 Cathedral High Street 303, Markham, ON L6C 0P1, Markham
Condo Apartment$798,000
$2,340/yr taxListing Courtesy of CENTURY 21 LEADING EDGE REALTY INC.
1423 Clarriage Court, Milton, ON L9E 1J4, Milton
Att/Row/Townhouse$798,000
$3,200/yr taxListing Courtesy of RIGHT AT HOME REALTY
30 Inn On The Park Drive 2704, Toronto C13, ON M3C 0P7, Toronto C13
Condo Apartment$798,000
$4,370/yr taxListing Courtesy of REAL ONE REALTY INC.
121 GLASS STREET, St. Marys
House$798,000
$5,964/yr taxListing Courtesy of Home and Company Real Estate Corp Brokerage
1013 7A Hwy N/A, Kawartha Lakes, ON L0A 1A0, Kawartha Lakes
Detached$798,000
$3,958/yr taxListing Courtesy of ROYAL SERVICE REAL ESTATE INC.
40 Harding Boulevard W 301, Richmond Hill, ON L4C 9S5, Richmond Hill
Condo Apartment$798,000
$2,603/yr taxListing Courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
555 Wilson Avenue 703E, Toronto C06, ON M3H 0C4, Toronto C06
Condo Apartment$798,000
$3,431/yr taxListing Courtesy of SUTTON GROUP-ADMIRAL REALTY INC.
155 Legion Road N 2513, Toronto W06, ON M8Y 0A7, Toronto W06
Condo Apartment$798,000
$3,484/yr taxListing Courtesy of SUTTON GROUP-ADMIRAL REALTY INC.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
285687 Airport Road, Norwich, ON N0J 1P0, Norwich
Detached$798,000
$5,711/yr taxListing Courtesy of eXp Realty of Canada Inc.
100 Warren Road, Kitchener, ON N2M 4T4, Kitchener
Detached$799,000
$5,264/yr taxListing Courtesy of RE/MAX METROPOLIS REALTY
59 Paisley Avenue S, Hamilton, ON L8S 1V2, Hamilton
Detached$799,000
$6,711/yr taxListing Courtesy of ROYAL LEPAGE/J & D DIVISION
264 Punshon Avenue, Oshawa, ON L1J 2M7, Oshawa
Detached$799,000
$4,878/yr taxListing Courtesy of HOMELIFE/FUTURE REALTY INC.
10 Draper Drive, St. Catharines, ON L2N 2Y5, St. Catharines
Detached$799,000
$4,686/yr taxListing Courtesy of RE/MAX REALTY ENTERPRISES INC.
28 Gailwood Court, Brampton, ON L6S 2E2, Brampton
Detached$799,000
$4,947/yr taxListing Courtesy of DREAM MAX REAL ESTATE INC.
43 KING Street, Asphodel-Norwood, ON K0L 2V0, Asphodel-Norwood
Detached$799,000
$4,867/yr taxListing Courtesy of RE/MAX REALTRON REALTY INC.
20 RED BAY Road, South Bruce Peninsula, ON N0H 2T0, South Bruce Peninsula
Detached$799,000
$4,160/yr taxListing Courtesy of Keller Williams Realty Centres
333 Ridgeway Avenue, Oshawa, ON L1J 2T9, Oshawa
Detached$799,000
$4,367/yr taxListing Courtesy of ROYAL LEPAGE SIGNATURE REALTY
1 Elrose Road, Brampton, ON L6T 2C2, Brampton
Detached$799,000
$5,571/yr taxListing Courtesy of RE/MAX GOLD REALTY INC.
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
Sold comparables require subject coordinates and a sale-context listing.
Rented comparables require subject coordinates.
Book a Viewing
480 Victoria Street, Kingston, ON K7L 3Z7, Kingston, ON, K7L 3Z7