685 FREDERICK Street 224 - Heritage Park/Rosemount, Kitchener, Ontario, CA

Address: 685 FREDERICK Street, Kitchener, Ontario

6 Beds4 Baths3125 sqftStatus: Buy
Price $1,029,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
1
Square Footage
3125.0000
Subdivision Name
224 - Heritage Park/Rosemount
Title
Freehold
Land Size
0.158 ac|under 1/2 acre
Built in
1955
Parking Type
Attached Garage
Building
Bathrooms
Total
6
Interior Features
Appliances Included
Window Coverings
Basement Type
Full (Finished)
Building Features
Features
Paved driveway
Foundation Type
Block
Construction Material
Wood frame
Square Footage
3125.0000
Structures
Shed, Porch
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Baseboard heaters, Radiant heat, Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer, Vinyl siding, Wood
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
6
Land
Other Property Information
Zoning Description
R2A
Features
           Paved driveway            Attached Garage            Window Coverings
           Central air conditioning
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Your Home Finance Calculation

Property Price CA $1,029,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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