
699 FREDERICK Street
Kitchener, Ontario
5 bed • 2 bath • Multi-family
Attention Investors and First-Time Home Buyers! Welcome to this stunning detached legal duplex, offering income potential and great curb appeal. This bungalow features two fully self-contained unit each with its own kitchen, separate entrance, and private laundry facilities. The main level offers a carpet-free, three-bedroom unit featuring an updated kitchen with beautiful cabinetry, stainless steel appliances & laundry. The space includes new flooring throughout, an oversized living room with large windows for natural light, and a new four-piece bathroom. There is also an accessible attic space for additional storage. The lower two-bedroom unit is also fully updated with a new kitchen, a modern three-piece bathroom, and a recreation room with an egress window. This level includes a spacious utility room for laundry and extra storage. Outside, the property boasts a long, wide driveway that fits at least five cars, and a spacious, fully fenced backyard with a shed and a covered deck. This property represents a fantastic investment opportunity or a way to help pay your mortgage while living in one unit. The home is owner-occupied with no existing leases and is ideally located within walking distance to parks, public transit, and shopping, with easy access to Hwy 7/8. Updates include: Roof (2018), HWH (2018), New Furnance (2023), Heat Pump (2023), Windows (2023), Electrical (2023-2025), Water Softener (2024), Plumbing (2024), and New Doors (2024). Please contact me for more information or to schedule a viewing.
Price History
Schools
Elementary
- Rosemount Grand River0.4 km
Public · Waterloo Region DSB
- Smithson Public School0.8 km
Public · Waterloo Region DSB · 270 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 57% met the provincial standard
- St Anne Catholic Elementary School1.3 km
Catholic · Waterloo CDSB · 750 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 45% met the provincial standard
Secondary
- Rosemount - U Turn School0.4 km
Public · Waterloo Region DSB
- Grand River Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Eastwood Collegiate Institute2.4 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2B
- Population
- 16,939
- Private dwellings
- 7,329
- Median age
- 42.8
- Average household size
- 2.4
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,925 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$153,980
Estimated Monthly Payment
$3,782
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,782/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $192/mo
Estimates only. Consult a financial advisor.