For Sale: 480 Victoria Street, Kingston, ON - REW
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$798,000
6 bd 3 ba 1100 - 1499 sf House

480 Victoria StreetKingston, ON, K7L 3Z7

  • 6 Bed
  • 3 Bath
  • 1100 - 1499 Sqft
  • House

About this home

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:63626)
Listed by: PHIL WILLEMSEN, Salesperson, RE/MAX RISE EXECUTIVES, BROKERAGE

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,571
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
4
Parking Details
No Garage
Property Type
House
Depth
132.9 feet
Frontage
32.8 feet
Title
Freehold
Exterior Finish
Brick, Aluminum siding
Heating Type
Forced air, Natural gas
Basement Details
Crawl space
Features
Dry, Flat site, In-Law Suite
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
PHIL WILLEMSEN
Primary Broker
RE/MAX RISE EXECUTIVES, BROKERAGE
Secondary Agent
JORDAN QUARESMA
Secondary Broker
RE/MAX RISE EXECUTIVES, BROKERAGE
Listing details
Days on REW
90 Days
Property Views
22
MLS® Number
X12881512
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Rideau Public School
  • Public
  • JK - 8
St Joseph School
  • Catholic
  • JK - 5
Winston Churchill Public School
  • Public
  • JK - 8
Kingston Collegiate
  • Public
  • 9 - 12
Cathedrale Catholic School
  • Catholic
  • JK - 8
Regiopolis/Notre-Dame Catholic High School
  • Catholic
  • 9 - 12
St Patrick Catholic School
  • Catholic
  • JK - 8
Sydenham Public School
  • Public
  • JK - 8
Central Public School
  • Public
  • JK - 8
St Peter Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.