685 Frederick Street Kitchener, Ontario N2B 2B3
$1,049,000
685 Frederick St is one of the very few ADU (additional dwelling unit in the back yard) in Kitchener and Waterloo area. If you are a big family trying to live closer and also need some some space in between , 685 Frederick St is the one for you. If you are an investor looking for POSITIVE CASH FLOW, 685 Frederick St is the one for you. 685 Frederick St includes a total living space over 3000 sqft. The front unit is an amazing bungalow with 2 bedrooms+ 1 living room in the main level and 2 bedrooms + 1 family room in the basement. The basement in the front unit can be easily converted to a legal basement due to its huge space on both main and lower level and existing separated entrance. The new built 2 bedroom 818 sqft additional dwelling unit in its backyard is perfect for either in-laws or extra incomes. Existing duplex (+potentially legal basement unit) with 2-3 rental incomes within ONE purchase, 685 Frederick St can roughly generate $6000-7000 dollars rental income. For a big family or multi unit use, parking is the KEY. 685 Frederick St includes 1 garage parking and 5 drive way parkings. Super close to Highway 85, Schools, Webber park, Frederick Mall, Shantz Park and Stanley Park Conservation Area. With all that being said, 685 Frederick St is one of the most unique multi residential property in KW area. (id:31327)
Property Details
| MLS® Number | 40572275 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Community Features | High Traffic Area |
| Features | Paved Driveway |
| Parking Space Total | 6 |
| Structure | Shed, Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Appliances | Window Coverings |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1955 |
| Construction Material | Wood Frame |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick Veneer, Vinyl Siding, Wood |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters, Radiant Heat, Heat Pump |
| Stories Total | 1 |
| Size Interior | 3125 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 125 Ft |
| Size Frontage | 55 Ft |
| Size Irregular | 0.158 |
| Size Total | 0.158 Ac|under 1/2 Acre |
| Size Total Text | 0.158 Ac|under 1/2 Acre |
| Zoning Description | R2a |
https://www.realtor.ca/real-estate/26767755/685-frederick-street-kitchener
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April 27 2024 01:16:25
Mississauga Real Estate Board
Homelife Landmark Realty Inc
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