|
MLS®: X12695036 |
Status: For sale
|
RE/MAX Finest Realty, Brokerage - Kingston
Randy Beck
Sales Representative
Email Me
Telephone:613.389.7777
Cellular:613.541.9221
|
|
|
Location:
|
480 VICTORIA STREET, Kingston (Central City East) Ontario, K7L3Z7
|
|
|
|
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, 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! (id:2471) |
|
|
Property: |
| Type: Single Family |
| Lot Dimensions: 32.7 x 132.9 FT | Acreage: 32.7 x 132.9 FT |
| Sewer: Sanitary sewer | Water: Municipal water |
| Parking Type: No Garage |
|
Structure: |
| Style: House | Square Footage: 1100 - 1500 sqft |
| Bedrooms: 5+1 | Bathrooms: 3 |
| Heating: Forced air |
| Heating Type: Natural gas |
| Cooling Type: None |
| Exterior: Aluminum siding, Brick |
|
Foundation Type: Stone |
|
Rooms: |
| Type |
Level |
Dimensions |
| Laundry room | Second level | 1.29 m x 2.51 m | | Bedroom | Second level | 2.57 m x 1.96 m | | Bedroom | Second level | 3.3 m x 3.4 m | | Bedroom | Second level | 2.63 m x 2.69 m | | Bedroom | Second level | 2.65 m x 3.85 m | | Bathroom | Second level | 1.99 m x 1.73 m | | Bedroom | Main level | 4.72 m x 2.78 m | | Bathroom | Main level | 1.37 m x 2.35 m | | Kitchen | Main level | 3.21 m x 2.55 m | | Kitchen | Main level | 3.35 m x 4.41 m | | Primary Bedroom | Main level | 3.55 m x 4.06 m | | Bedroom | Main level | 3.58 m x 3.49 m | | Bathroom | Main level | 2.37 m x 2.1 m | |
|
Features:
 | Flat site |
| Dry |
| In-Law Suite |
| School Bus |
| | | |
|
|
|
|
Listing Office: RE/MAX RISE EXECUTIVES, BROKERAGE MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
|
The above information is believed to be accurate but is not warranted.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA's Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
**Broker *Sales Representative
|
|
