714 FREDERICK Street, Kitchener, Ontario N2B2B2

Listing courtesy of Chestnut Park Realty Southwestern Ontario Limited.

$525,000
3
BD
2
BA
764
SqFt

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List Price
$525,000
MLS®
40849289
Days on Market
2
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
2
Living Area
764
Lot Size Dimensions
0.172
Lot Size
7,492
Subdivision
224 - Heritage Park/Rosemount

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

Ownership
Freehold
Garage
Yes
Subdivision
224 - Heritage Park/Rosemount
Parking Spaces
6
Cooling
Wall unit, Ductless
Country
Canada
Sewer
Municipal sewage system
Community Features
Community Centre
Heating
Heat Pump
Lot Features
Southern exposure, Paved driveway
Architectural Style
Bungalow
Stories
1
Lot Size
7,492

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Calculator source: Real Geeks