480 Victoria Street

ActiveKingston · 14 - Central City East55 days on marketMLS® X13436752
$798,000
$725 / sq ft
Bedrooms6
Bathrooms3
Interior1,100 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market55

About this property

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!

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13436752
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size1,100 sq ft
Beds / Baths6 bed · 3 bath
Neighbourhood14 - Central City East
CityKingston
Postal CodeK7L 3Z7
ProvinceON
Listed DateJune 12, 2026
Days on Market55
Price per Sq Ft$725
BrokerageRE/MAX RISE EXECUTIVES, BROKERAGE

Location

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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE