$1,029,000 $5,524 est/mo Sourced by Back At You

685 Frederick Street,Kitchener, ON N2B 2B3

Kitchener ON, N2B 2B3

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Description

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.

Details

MLS#40572275
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Year1955
Days On Site30
Listing Provided ByHOMELIFE LANDMARK REALTY INC | Austin Ye

Features

Bed(s)6
Bath(s)4
SQ Feet2,126
Garage1
BasementY
Story(s)1
Units2
Building(s)1
ZoningR2A
Acreage0.16
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Listings Checked: 4 seconds ago
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2B 2B3
Area2 Kitchener East
Subarea224 Heritage Park | Rosemount
Community Name224 Heritage Park/Rosemount
School DistrictSt Mary's/Grand River
Elementary SchoolSt. Annes/Smithson Ps
Listing VS Median (in 224 Heritage Park/Rosemount)
Price:
$1,029,000
low | high
Med:
$787,394
73.479689018465% of Average
SqFt:
2,126
low | high
Med:
1,445
82.055503292568% of Average
$ / SqFt:
$484
low | high
Med:
$561
34.059540491162% of Average
On Site:
30
low | high
Med:
7.500000
100% of Average
Sourced by Back At You
Listing Updated: May 14, 2024 at 1:47:28 PM PDT