727 FREDERICK Street
Kitchener, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Triplex
Exceptional Investment Opportunity - Purpose-Built Triplex on Frederick Street! This Solid brick purpose-built triplex offering an outstanding opportunity for investors, first-time buyers, or those looking to build long-term wealth through real estate. Ideally situated on a large lot with almost 65 feet of frontage, this well-maintained property features three generously sized units: two spacious 2-bedroom units and one 1-bedroom unit. The property offers excellent functionality with FOUR separate hydro meters, plenty of parking, and a large 2-car garage currently utilized by the landlord, providing valuable additional storage and convenience. The building is fire-coded and has benefited from important updates, including an updated electrical breaker panel in 2024 and a newer gas furnace installed in 2023.An ideal opportunity to live in one unit while having rental income from the other two, or rent all three units and add this income-producing property to your investment portfolio. The generous lot, solid brick construction, multiple units, parking, and garage make this a particularly attractive opportunity for business-minded investors. Located close to Downtown Kitchener, LRT, major highways, parks, shopping, restaurants, and everyday amenities, offering both convenience for tenants and strong appeal for future investment. Whether you're looking to start building your real estate portfolio, expand an existing one, or create an opportunity for future financial freedom, this property deserves your attention. Opportunities like this don't come along every day - book your private viewing today! .Two car detached garage with remote automatic garage door openers. Projected income over $67,000.
Listing Details
- Taxes (2026)
- $4,387
- Listed
- September 8, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Water Meter, Primary Bedroom - Main Floor, Floor Drain
- Lot Size
- 64.95 x 124.89 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Frederick and River Rd E
- Parcel Number
- 225280019
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- Three sets of fridges, washers, automatic garage door openers with remotes, water softener is NOT working,
- Exclusions
- Tenants belongings
- Rental Items
- One water heater ( rented from Kitchener Utilities Company)
Schools
Elementary
- Rosemount Grand River0.3 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 School1.2 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 School0.3 km
Public · Waterloo Region DSB
- Grand River Collegiate Institute2 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Eastwood Collegiate Institute2.5 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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $666,500
- Homes sold
- 1,904
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,904 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Listed by
RE/MAX A-B Realty Ltd
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$169,980
Estimated Monthly Payment
$4,175
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,175/mo (20% down, 5.5%)
Taxes: $366/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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