$560,000

Investment For Sale In Rosemount, Kitchener, Ontario

$560,000

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

Courtesy of: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.