480 Victoria Street, Kingston, ON K7L 3Z7
Kingston
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!
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 480 Victoria Street, Kingston, ON K7L 3Z7
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MLS# X13436752
Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
On market since Jun 12, 2026
What comparable homes actually sold for in the last 12 months.
480 Victoria Street, Kingston, ON K7L 3Z7 is listed for $798,000 CAD.
480 Victoria Street, Kingston, ON K7L 3Z7 has 6 bedrooms and 3 bathrooms.
480 Victoria Street, Kingston, ON K7L 3Z7 is a Detached.
480 Victoria Street, Kingston, ON K7L 3Z7 is in Kingston, Ontario.
480 Victoria Street, Kingston, ON K7L 3Z7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 480 Victoria Street, Kingston, ON K7L 3Z7 (MLS# X13436752). You can also send a message through the contact form on this site.
