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! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5+1
Bathrooms
3
Lot
32.67 x 132.83 ft
Amenities Nearby
Hospital, Public Transit, Schools
Community Features
School Bus
Equipment
Water Heater
Features
Flat site, Dry, In-Law Suite
Listing Contract Date
2026-03-13
Location Description
Cross Streets: Victoria and Princess St. ** Directions: Princess St to Victoria St.
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Appliances
Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Type
Crawl space
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Aluminum siding, Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Laundry room
Second level
1.29 m x 2.51 m
Bedroom
Second level
2.57 m x 1.96 m
Bedroom
Second level
3.3 m x 3.4 m
Bedroom
Second level
2.63 m x 2.69 m
Bedroom
Second level
2.65 m x 3.85 m
Bathroom
Second level
1.99 m x 1.73 m
Bedroom
Main level
4.72 m x 2.78 m
Bathroom
Main level
1.37 m x 2.35 m
Kitchen
Main level
3.21 m x 2.55 m
Kitchen
Main level
3.35 m x 4.41 m
Primary Bedroom
Main level
3.55 m x 4.06 m
Bedroom
Main level
3.58 m x 3.49 m
Bathroom
Main level
2.37 m x 2.1 m
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
32.7 x 132.9 FT
Amenities
Hospital, Public Transit, Schools
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
32.7 x 132.9 FT
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
