<-- style PDP --> 480 Victoria Street, Kingston - Detached for sale for $798,000
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480 Victoria Street

Kingston, Ontario, K7L 3Z7 - Central City East

$798,000

  • Neighbourhood

    Central City East

  • Major Intersection

    Victoria and Princess St

  • Listed Since: 8 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, 2-Storey

  • Bedrooms

    5 + 1

  • Bathrooms

    3

  • Basement

    Crawl Space

  • Kitchen

    1 + 1

  • Total Parking

    4

  • Lot Size

    32.7x132.85 (Feet)

  • Taxes

    $5,570.90 (2025)

  • Type

    Freehold

Property Description

Property description for 480 Victoria Street, 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, 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!

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

  • MLS #

    X12881512

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private, Available

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Alum Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Upper

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    3.35 x 4.41 ft Main level

    Hardwood Floor

  • Primary

    3.55 x 4.06 ft Main level

    Hardwood Floor

  • Br

    3.58 x 3.49 ft Main level

    Hardwood Floor

  • Bathroom

    2.37 x 2.1 ft Main level

    Tile Floor, 3 Pc Bath

  • Br

    2.57 x 1.96 ft 2nd level

  • Br

    3.3 x 3.4 ft 2nd level

  • Br

    2.63 x 2.69 ft 2nd level

  • Br

    2.65 x 3.85 ft 2nd level

    Tile Floor

  • Bathroom

    1.99 x 1.73 ft 2nd level

    4 Pc Bath

  • Laundry

    1.29 x 2.51 ft 2nd level

  • Br

    4.72 x 2.78 ft Main level

  • Bathroom

    1.37 x 2.35 ft Main level

    3 Pc Bath

  • Kitchen

    3.21 x 2.55 ft Main level

  • MLS #

    X12881512

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private, Available

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Alum Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Upper

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    3.35 x 4.41 ft Main level

    Hardwood Floor

  • Primary

    3.55 x 4.06 ft Main level

    Hardwood Floor

  • Br

    3.58 x 3.49 ft Main level

    Hardwood Floor

  • Bathroom

    2.37 x 2.1 ft Main level

    Tile Floor, 3 Pc Bath

  • Br

    2.57 x 1.96 ft 2nd level

  • Br

    3.3 x 3.4 ft 2nd level

  • Br

    2.63 x 2.69 ft 2nd level

  • Br

    2.65 x 3.85 ft 2nd level

    Tile Floor

  • Bathroom

    1.99 x 1.73 ft 2nd level

    4 Pc Bath

  • Laundry

    1.29 x 2.51 ft 2nd level

  • Br

    4.72 x 2.78 ft Main level

  • Bathroom

    1.37 x 2.35 ft Main level

    3 Pc Bath

  • Kitchen

    3.21 x 2.55 ft Main level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 480 Victoria Street, Kingston

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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