569 FREDERICK Street
Kitchener, Ontario
MLS® 40861175
$500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40861175
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1903
1 / 22Listing description
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.
Property summary
- MLS® number
- 40861175
- Property type
- Multi-family
- Building type
- Duplex
- Square footage
- 1,882 sq ft
- Title
- Freehold
- Built in
- 1903
- Annual property taxes
- $7,207.00
- Parking
- 7 spaces · Detached Garage
- Days on market
- 8 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Brick
- Lot features
- Paved driveway
- Community features
- High Traffic Area
What would this home cost you?
Based on the $500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD., Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.