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$819,900
Available - For Sale
Listing ID: X12695036
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!
Price $819,900
Taxes: $5,570.9
Occupancy by: Tenant
Address: 480 Victoria Street , Kingston, K7L 3Z7, Frontenac
Directions/Cross Streets: Victoria and Princess St
Rooms: 7
Rooms +: 5
Bedrooms: 5
Bedrooms +: 1
Washrooms: 3
Family Room: F
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 10.99 14.46
Room 2: Main Primary B 11.64 13.32
Room 3: Main Bedroom 11.74 11.45
Room 4: Main Bathroom 7.77 6.89 3 Pc Bath
Room 5: Second Bedroom 8.43 6.43
Room 6: Second Bedroom 10.82 11.15
Room 7: Second Bedroom 8.63 8.82
Room 8: Second Bedroom 8.69 12.63
Room 9: Second Bathroom 6.53 5.67 4 Pc Bath
Room 10: Second Laundry 4.23 8.23
Room 11: Main Bedroom 15.48 9.12
Room 12: Main Bathroom 4.49 7.71 3 Pc Bath
Room 13: Main Kitchen 10.53 8.36
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Main
Washroom 3:  4 Upper
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: 2-Storey
Exterior: Aluminum Siding
Brick
Garage Type: None
(Parking/)Drive: Private, A
Drive Parking Spaces: 4
Park #1
Parking Type: Private, A
Park #2
Parking Type: Private
Park #3
Parking Type: Available
Pool: None
Approximatly Square Footage: 1100-1500
Property Features: Fenced Yard
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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480 Victoria Street , Kingston, K7L 3Z7, Frontenac

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Detached
Area: Frontenac
Municipality: Kingston
Neighbourhood: 14 - Central City East
Style: 2-Storey
Lot Size: x 132.85(Feet)
Approximate Age:
Tax: $5,570.9
Maintenance Fee: $0
Beds: 5+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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