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480 VICTORIA STREET, Kingston (Central City East)
2026-06-12
Quick Summary
MLS®#X13436752
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 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! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Public Transit, Schools
Building
- Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
- Basement Type: Crawl space
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Aluminum siding, Brick
- Fireplace: No
- Interior Size: 1100 - 1500 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Flat site, Dry, In-Law Suite
Land
- Land Size: 32.7 x 132.9 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by RE/MAX RISE EXECUTIVES, BROKERAGE
Listing information last updated on: 2026-06-12 14:52:01
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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