569 Frederick Street, Kitchener, ON N2B 2A7

$500,000
: 3
BD
: 2
BA
: 1,500
SqFt

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List Price: $500,000
MLS#: X13757172
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: 2-Storey
Bedrooms: 3
Bathrooms: 2
Living Area: 1500-2000
Province: ON
Municipality: Kitchener
Area: Waterloo
Subdivision: Bruce Street

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Property Description

INVESTORS, DEVELOPERS & VISIONARIES! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for.

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Additional Information

Taxes: $7,207
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: None
Kitchens: 2
Exterior: Brick
Garage Spaces: 2
Garage Type: Detached
Pool: None
Parking Spaces: 7
Parking Type: Private Double