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$500,000

3 Beds 2 Baths 1,882 SQFT 0.00 Acres
Type: Multi-Family

569 Frederick Street
Kitchener, ON N2B 2A7

MLS#: 40861175
Elsa Gepitulan
Elsa Gepitulan
Condo Digs
Presented by: RE/MAX SOLID GOLD REALTY (II) LTD.

Property Description

 

INVESTORS, DEVELOPERS & VISIONARIES ! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1,882 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementSeparate Entrance, Full, Unfinished
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesSeparate Hydro Meters
Laundry FeaturesIn-Suite
Total Stories2

General

Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityKitchener
Construction MaterialsBrick
CoolingNone
CountyWaterloo
DirectionsVictoria St to Bruce St to Frederick St
Elementary SchoolSmithson P.S , Stanley Park, St. Anne C.E.S.
ExclusionsTenant Belongings
Facing DirectionEast
Garage Spaces2
Garage Y/NYes
HeatingForced Air, Natural Gas
High SchoolGrand River C.I., St. Mary's High School
Living Area1,882 sqft
MLS Area2 - Kitchener East
MLS Area Minor224 - Heritage Park/Rosemount
New ConstructionNo
Number Of Units Total2
Open Parking Spaces5
Other StructuresWorkshop
Patio/Porch FeaturesPorch
Property SubtypeDuplex Up/Down
Property TypeResidential Income
RoofAsphalt Shing
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Stories Count1
Virtual TourClick here
Virtual TourClick here
Year Built1903
ZoningMU3

Exterior

Building Area Total1,882 sqft
Covered Spaces2
Crops Included Y/NNo
Exterior AmenitiesBalcony
Foundation DetailsBlock, Brick/Mortar, Stone
Frontage Length70 sqft
Frontage TypeEast
InclusionsOther, Dryer, Microwave, Water Softener
Lot Dimensions70.28 x 94.15
Lot FeaturesRectangular, High Traffic Area, Highway Access, Park, Public Transit, Shopping Nearby, Trails
Lot Size SourceMPAC
Number of Buildings0
Parking FeaturesDetached Garage, Asphalt
Total Parking7
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Grand River C.I. High School

  

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$500,000

3 Beds 2 Baths 1,882 SQFT 0.00 Acres
Type: Multi-Family

569 Frederick Street
Kitchener, ON N2B 2A7

MLS#: 40861175
Elsa Gepitulan
Elsa Gepitulan
Condo Digs
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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