$525,000

Investment For Sale In Rosemount, Kitchener, Ontario

$525,000

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
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1442 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Heat Pump
  • Heating Fuel: Electric
  • Cooling Type: Wall unit
  • Appliances: Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Access Type: Highway access
  • Amenities Nearby: Hospital, Park, Playground, Public Transit, Schools, Shopping
  • Built in: 1951
  • Community Features: Community Centre
  • Features: Southern exposure, Paved driveway
  • Floor Space (approx): 1442 Square Feet
  • Irregular: Yes
  • Lot Depth: 150 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 0.17 Acres
  • Structure Type: Shed, Porch
  • Zoning: Res 4
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 6

Courtesy of: Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

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

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

  • Long asphalt driveway leading to a detached garage -
  • Brick residence featuring a covered front porch with iron railings, a detached garage, an asphalt driveway, and a manicured lawn -
  • Brick-clad exterior with a prominent front entrance, featuring a concrete porch, black wrought iron railings, and a light gray front door -
  • Living area featuring light gray walls, wood-finish flooring, recessed lighting, white window trim, and white baseboards -
  • Open-concept living area featuring wood-finish flooring, recessed lighting, and a ductless mini-split system -
  • Bright room featuring wood-finish flooring, recessed lighting, and a white interior door -
  • Bathroom featuring a white vanity with integrated sink, a rectangular window with blinds, and brown tile flooring -
  • Soaking tub with integrated jets, surrounded by large format brown tile -
  • Bedroom featuring wood-finish flooring, light grey wall paint, and a textured white ceiling -
  • Compact kitchen with stacked laundry appliances -
  • Compact kitchen featuring white cabinetry, a wood-finish countertop, and a white electric range with an overhead microwave -
  • Wood-finish flooring throughout, bright white walls, and white cabinetry -
  • Dedicated laundry area featuring a stacked washer and dryer, wood-finish flooring, white base cabinetry, and a light wood countertop -
  • Wood-finish flooring with a white baseboard, light gray walls, and a white ceiling featuring a circular flush-mount light fixture -
  • Open-concept living area featuring wood-finish flooring, recessed lighting, a white appliance kitchen, white cabinetry, and a dining area -
  • Finished interior space featuring wood-finish flooring, recessed lighting, and a wall-mounted mini-split HVAC system -
  • Compact kitchen featuring white cabinetry, wood-finish countertop, and stainless steel microwave -
  • Open-concept living area featuring wood-finish flooring, recessed lighting, a white kitchen with wood countertops, and a built-in microwave -
  • Stackable white washer and dryer units in a dedicated closet -
  • Shower enclosure with clear glass door, white rectangular wall tiles, and integrated shower head -
  • Enclosed shower featuring clear glass sliding doors and a chrome showerhead -
  • Expansive utility space featuring concrete flooring, exposed ceiling beams, a wall-mounted mini-split system, a water heater, and a water treatment system -
  • Detached garage featuring wood siding and a single garage door -
  • Exterior shed featuring wood-finish siding, a gray shingle roof, and white gutters -
  • Expansive terraced yard featuring a manicured lawn, wood privacy fencing, mature perimeter foliage, and concrete steps -
  • Expansive backyard featuring a large grass area, mature trees, a wooden privacy fence, a wooden storage shed, and a paved patio area -
  • Spacious unfinished garage with exposed wood beam ceiling, concrete flooring, and a wood-burning stove -