685 FREDERICK Street

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For Sale - $1,099,999.99

ID#: 26407526

2 properties in 1, with the potential to create a 3rd unit. Total living space over 3000sqft. This 4 bedroom off downtown bungalow has had a new purpose built 2 bedroom 818 square foot additional dwelling unit constructed in its backyard, perfect for either in-laws or rental. Purchase the house, and then rent the rear unit as a mortgage helper, or use it for parents or children. With its double front doors, there’s also potential to convert the lower level of the front home into a third rentable unit. The K/W region is one of the strongest rental markets in Canada, and these entirely vacant units give you the ability to set rents to CURRENT MARKET RENTAL RATES. Another option is for multiple buyers to combine resources and split the units between them. Great for investors, with the potential for 3 incomes in 1 purchase. Close access to both Highway 86 and downtown Kitchener. Parking for six cars means you’ll never have to worry how about having enough space. (id:42870)

Property Details

Property Address: 685 FREDERICK Street Kitchener, Ontario, N2B2B3

Property Type: Multi-family

Area Toal: 2126

Waterfront: No

Pool: No

Garage: Yes


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing