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714 FREDERICK Street, Kitchener — listed at $550,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 10'11'' x 10'4'' |
| Family room | Basement | 10'9'' x 13'7'' |
| Kitchen | Basement | 10'7'' x 9'0'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 11'7'' x 10'5'' |
| Primary Bedroom | Main level | 11'7'' x 10'6'' |
| Kitchen | Main level | 11'5'' x 10'5'' |
| Dining room | Main level | 11'6'' x 4'10'' |
| Living room | Main level | 11'6'' x 9'3'' |
| Foyer | Main level | — |
Is this a good starter home?+
At $550,000, this is priced in starter-home territory for Kitchener. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is heat pump. Ask for past utility bills to understand real heating costs.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 6 spaces — Detached Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,189.88, heating is heat pump. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 714 FREDERICK Street a good fit for a growing family?+
With 3 bedrooms and 2 bathrooms (764 sq ft), there's room for kids plus a guest room or home office.
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