569 Frederick Street Kitchener, Ontario N2B 2A7

3 Bedroom 2 Bathroom 1,882 sqft
None Forced Air

$500,000

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. (id:49269)

Property Details

MLS® Number 40861175
Property Type Multi-family
Amenities Near By Park, Public Transit, Shopping
Community Features High Traffic Area
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Workshop, Porch

Building

Bathroom Total 2
Bedrooms Total 3
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1903
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,882 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Park, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 94 Ft
Size Frontage 70 Ft
Size Total Text Under 1/2 Acre
Zoning Description Mu3

https://www.realtor.ca/real-estate/30248045/569-frederick-street-kitchener

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