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714 Frederick Street
homes for sale · Kitchener
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$550,000

714 Frederick Street

Kitchener · MLS® X13601426

326

House · Multi-family · 92 days on market

listed by NICOLE ASHLEY PROKOPOWICZ, CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

realtor's 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.

property details

type
House, Multi-family
bedrooms
3
bathrooms
2
parking
6
property tax
$4,190 / yr
days on market
92
MLS®
X13601426

features

  • Carpet Free
  • Washer
  • Refrigerator
  • Water softener
  • Stove
  • Dryer

monthly cost

$2,745/mo
Mortgage $2,396 · Tax $349

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,396/ monthly
loan $440,000
25-year amortization
total interest
$278,889
cash to close
$110,000
down payment; transfer tax and fees not included
total paid
$718,889

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

KitchenerGoogle Maps ↗

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listed by
NICOLE ASHLEY PROKOPOWICZ
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
call NICOLE · 519-496-0700
Powered by: REALTOR.ca
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location

KitchenerGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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