$798,000
FOR SALE

Detached 2-Storey

Bedrooms: 6Bathrooms: 3Lot: 32.7 x 132.85 ft
2025 Taxes: $5,570.9

480 Victoria St
Kingston, ON K7L 3Z7 | 14 - Central City East | Frontenac

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!
Extras
In-Law Suite, Water Heater
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Listed By RE/MAX RISE EXECUTIVES, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12881512
Last Updated May 09, 2026
Property Summary
Property Type Detached

More like this:
PIN 360260090
Legal Description PT LT 51 PL A8 KINGSTON CITY AS IN FR640314; KINGSTON ; THE COUNTY OF FRONTENAC
Possession Date Flexible
Taxes (2025) $5,570.9
Directions/Cross Streets Victoria and Princess St
Neighbourhood 14 - Central City East
Area Frontenac
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 6
Bathrooms 3
Rooms 11
Lot 32.7 x 132.85 ft
Exterior Aluminum Siding
Air Conditioning None
Basement Crawl Space
Garage Type None
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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