714 Frederick Street, Kitchener, Ontario N2B2B2

Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD.

$525,000
3
BD
2
BA

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List Price
$525,000
MLS®
X13601426
Days on Market
2
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
3
Bathrooms
2
Lot Size Dimensions
50.1 x 150.2 FT

Property Description

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:5764)

Additional Information

Basement Features
Apartment in basement, Separate entrance, N/A, N/A
Basement
Yes
Garage
Yes
Parking Spaces
6
Cooling
Wall unit
Country
Canada
Sewer
Sanitary sewer
Heating
Heat Pump, Electric
Lot Features
Carpet Free

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Calculator source: Real Geeks