Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Air Conditioning: Yes
Amenities: Separate Heating Controls
Basement Type: N/A, N/A
Exterior Finish: Brick
Floor Space: 700 - 1100 sqft
Foundation Type: Concrete
Heating Type: Heat Pump
Heating Fuel: Electric
Cooling Type: Wall unit
Appliances: Water softener, Dryer, Microwave, Hood Fan, Stove, Washer, Window Coverings, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 2+1
Bathrooms: 2
Amenities Nearby: Public Transit, Park, Hospital, Schools
Features: Carpet Free
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 150.2 Feet
Lot Frontage: 50.1 Feet
Lot Size: 50.1 x 150.2 FT
Structure Type: Porch, Shed
Zoning: R2
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 6

Rooms:

Bathroom Basement Level 1.22 m x 2.13 m
Kitchen Basement Level 2.74 m x 3.23 m
Family Basement Level 4.17 m x 3.28 m
Bedroom Basement Level 3.15 m x 3.33 m
Living Main Level 2.82 m x 3.51 m
Dining Main Level 1.47 m x 3.51 m
Kitchen Main Level 3.17 m x 3.48 m
Bedroom Main Level 3.20 m x 3.53 m
2nd Bedroom Main Level 3.17 m x 3.53 m
Bathroom Main Level 1.82 m x 2.43 m

Convert Measurement to:

Courtesy of: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

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Demographic Information of 714 FREDERICK STREET, Kitchener, Ontario, N2B 2B2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$114,730.52

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.84 %

High school certificate or equivalent

30.49 %

Apprenticeship trade certificate/diploma

8.16 %

College/non-university certificate

21.24 %

University certificate (below bachelor)

1.3 %

University Degree

20.96 %

Commuter

Travel To Work

By Car

90.78 %

By Public Transit

1.7 %

By Walking

4.44 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.99 %

Houses

80.01 %

714 FREDERICK STREET, Kitchener, Ontario, N2B 2B2