$879,900 - 463 Victoria Street, Kingston
Detached for Sale in Kingston
New — Listed 7 days agoNeighbourhood: 14 - Central City East
- MLS Number
- X13520514
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kingston
- Listing Brokerage
- RE/MAX FINEST REALTY INC., BROKERAGE
Discover a solid investment opportunity in the heart of Kingston's university district with this well-maintained Queen's student rental property, ideally located within walking distance to campus, downtown amenities, transit, and shopping. This charming 2-storey all-brick home offers both character and functionality, complete with dedicated parking-an added bonus in this high-demand location. Inside, the home features five spacious bedrooms and two fully updated bathrooms, making it an excellent option for student rental income. The main level includes convenient dedicated laundry area, a large kitchen with updated cabinetry and appliances, a separate pantry, and a dining area perfect for shared meals or study sessions. The generous layout continues outdoors with a large deck and a fully fenced backyard, providing private outdoor space for tenants to relax and enjoy. A full unfinished basement provides excellent potential for future expansion. With the right plans and approvals, the lower level could be finished to add additional bedrooms or living space, further increasing the property's rental capacity and investment return. With hardwood flooring and classic architectural details, the home retains its original charm while benefiting from important modern updates. Recent improvements include updated windows, roof, gas furnace, central air, and modern bathrooms to ensuring comfort and lower maintenance for years to come. Move-in ready and attractively updated, this property is an ideal opportunity for investors seeking reliable rental income orfor families looking to secure housing for a student while offsetting costs. Whether you're entering the Kingston market for the first time or expanding your portfolio, this property delivers location, character, and strong investment potential.
Estimate your monthly payments for this property
Estimated Payment
$4,514.34/mo
Includes CMHC insurance ($24,549)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 14 - Central City East
14 - Central City East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 14 - Central City East
- •Convenient location in Kingston
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
14 - Central City East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
463 Victoria Street, Kingston
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $587/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Kingston's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Kingston are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kingston.
About 14 - Central City East
I know 14 - Central City East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Kingston properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.