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714 FREDERICK Street

714 FREDERICK Street

Kitchener, Ontario

3 bed • 2 bath • Multi-family

$579,900

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.

Price History

Property

Lot Size
0.17 acres

Schools

Elementary

  • Rosemount Grand River0.4 km

    Public · Waterloo Region DSB

  • Smithson Public School0.9 km

    Public · Waterloo Region DSB · 270 students

    Grade 3 reading: 64% met the provincial standard · Grade 6 math: 57% met the provincial standard

  • Mackenzie King Public School1.3 km

    Public · Waterloo Region DSB · 380 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 87% 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

  • Cameron Heights Collegiate Institute2.4 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% 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.

Walk Score

77

Walk

42

Transit

65

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$115,980

Estimated Monthly Payment

$2,849

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,849/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $145/mo

Estimates only. Consult a financial advisor.

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