Rare opportunity to own a leased 6-bedroom, 4-bathroom investment property in the heart of Kingston's sought-after Queen's University district. Offering over 2,200 square feet above grade, this red brick century home stands apart from the typical student rental with generous bedrooms, multiple common living spaces, and enough bathrooms to create a comfortable living experience. Character features include original hardwood floors, rich wood trim, exposed brick accents, high ceilings, and large windows. The main floor offers a spacious living room, separate dining room, large kitchen, mudroom, powder room, and a sizeable bedroom. The second floor features two large bedrooms, an oversized primary bedroom, and a full family-sized bathroom rarely found in student housing. The third floor provides two additional bedrooms and another bathroom, offering separation and privacy. What truly sets this property apart is that accommodating six tenants doesn't feel like a sacrifice. The bedrooms comfortably fit beds, desks, and additional furniture, while the common areas provide room to study, relax, and socialize without feeling crowded. Combined with four bathrooms, the layout creates a living environment tenants genuinely enjoy, helping support strong demand. Outside, the property offers a detached garage, private driveway parking, covered front porch, and rear deck. Located within walking distance of Queen's University, Kingston General Hospital, downtown restaurants and shops, transit routes, parks, and waterfront amenities, the location attracts student renters. Currently leased until April 30, 2027 and generating $6,432 per month plus utilities, this turn-key investment provides immediate income and stable cash flow in one of Kingston's proven rental markets. An exceptional opportunity for investors, Queen's alumni, or parents seeking a property that combines strong returns, enduring character, and a comfortable student living experience.
Address
476 Victoria Street
List Price
$1,100,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Kingston
Sub-Area
14 - Central City East
Region
Frontenac
Bathrooms
1
Lot Size Source
GeoWarehouse
Lot Depth
132.6
Lot Type
Lot
Lot Size Units
Feet
Lot Width
33
Parcel Number
360260091
Total Building Area
2236
Occupant Type
Tenant
Cross Street
Princess St and Victoria St.
Approx. Age
51 - 99 Years
MLS® Number
X13452888
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Basement
Yes
Postal Code
K7L 3Z7
Posession Details
Flexible
Tax Amount
$6,130.00
Tax Year
2025
Standard Status
Active
Board Or Association
Kingston & Area Real Estate Association
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Single Detached
Tax Legal Description
PT LT 52, PL A8, PT 1, 13R14574 ; KINGSTON
Sewer
Sanitary
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