714 Frederick Street

Kitchener, ONMulti-family
$560,000
MLS® X13601426
Multi-family3 beds2 baths6 total
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About This Property

Welcome to 714 Frederick Street, Kitchener, a legal duplex packed with flexibility, income potential, and room to grow! Whether you are looking to live in one unit and rent the other, add a turnkey investment property to your portfolio, accommodate multigenerational living, or explore short-term rental potential, this property offers a wide range of possibilities.Set on an impressive 50' x 150' lot with plenty of parking, this all-brick property features two self-contained units, each with its own private in-suite laundry. The upper unit offers two bedrooms, a full bathroom, and a functional kitchen with ample cabinetry, while the lower-level unit includes one bedroom, its own kitchen, bathroom, separate entrance, and laundry.Separate smart, high-efficiency heating and cooling heat pumps provide comfort for each unit and can be conveniently controlled remotely. The property also features 200-amp electrical service.Outside, the oversized 16' x 21' detached garage offers additional storage, its own electrical panel, and a mechanic-style pit, making it an ideal space for car enthusiasts, hobbyists, a workshop, or anyone needing extra room for tools and equipment. The deep, fully fenced backyard provides plenty of space for entertaining, gardening, kids, pets, or future plans.With RES-4 zoning and a generous 50-foot frontage, there may also be potential to add up to two additional residential units, subject to zoning, permits, and municipal approvals, creating even more opportunity for future value.Conveniently located close to major highways, Downtown Kitchener, the LRT, parks, shopping, and everyday amenities, 714 Frederick Street is an exciting opportunity for investors, first-time buyers, or families looking for a property that can work for them today while offering possibilities for tomorrow. (id:63604)

Key Facts

Type
Multi-family
Beds
3
Baths
2
Size
700 sqft
Lot
50.1 x 150.2 FT
Parking
6 total

Highlights

  • Washer
  • Refrigerator
  • Water softener
  • Stove
  • Dryer
  • Microwave
  • Hood Fan
  • Window Coverings
Property Details 16 details
Bedrooms
3 bedrooms
2 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
6 parking spaces
Detached Garage · Garage
Living area
700 - 1,100 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Basement
Apartment in basement, Separate entrance
Heating
Heat Pump, Electric
Cooling
Wall unit
Fireplace
No
Lot dimensions
50.1 x 150.2 FT
Frontage
50.10 feet
Taxes
$4,189.88 (2,026)
Zoning
R2
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorWater softenerStoveDryerMicrowaveHood FanWindow CoveringsSeparate Heating Controls

Exterior features

BrickConcrete

Lot and water

Carpet Free
Rooms 10 rooms
Level
Room
Dimensions
Basement
Bathroom
1.22 m x 2.13 m
Main level
Living room
2.82 m x 3.51 m
Main level
Dining room
1.47 m x 3.51 m
Main level
Kitchen
3.17 m x 3.48 m
Main level
Bedroom
3.2 m x 3.53 m
Main level
Bedroom 2
3.17 m x 3.53 m
Main level
Bathroom
1.82 m x 2.43 m
Basement
Kitchen
2.74 m x 3.23 m
Basement
Family room
4.17 m x 3.28 m
Basement
Bedroom
3.15 m x 3.33 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$560,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Kitchener
Postal code
N2B 2B2
Nearby
Cross Streets: Victoria St N and Frederick St. ** Directions: Turn South on River Rd E from Victoria St N. Turn West on Frederick St.