569 Frederick Street
Kitchener, ON
- 3 bed
- 2 bath
- approx. 1500-2000 sqft
- Duplex
INVESTORS, DEVELOPERS & VISIONARIES! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $7,207
- Listed
- September 8, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Separate Hydro Meter, Water Softener
- Lot Size
- 70.28 x 94.15 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bruce Street
- Zoning
- MU3
- Parcel Number
- 225260103
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Dryer, Microwave, Water Softener
- Exclusions
- All Tenants Belongings
- Rental Items
- Hot Water Heater
Schools
Elementary
- 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
- Rosemount Grand River0.8 km
Public · Waterloo Region DSB
- St Anne Catholic Elementary School1 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 School0.8 km
Public · Waterloo Region DSB
- Cameron Heights Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Eastwood Collegiate Institute2.3 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
- $667,000
- Homes sold
- 1,909
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,909 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Rooms
4-piece on Main, 3-piece on Second
Second
- Bathroom13'3" x 4'5"
- Bedroom15'7" x 13'4"
- Bedroom12'2" x 11'2"
- Kitchen13'3" x 8'5"
Main
- Bathroom8' x 13'2"
- Bedroom12'2" x 13'6"
- Foyer7'1" x 10'2"
- Kitchen13' x 20'
- Living Room15'7" x 13'3"
- Other6'7" x 4'7"
- Other10'10" x 19'1"
- Other10'3" x 9'6"
- Other5'5" x 19'1"
Listed by
RE/MAX Solid Gold Realty (II) Ltd
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$100,000
Estimated Monthly Payment
$2,456
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: $2,456/mo (20% down, 5.5%)
Taxes: $601/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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