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. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
4
Lot
55 x 125 ft
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Community Features
High Traffic Area
Features
Paved driveway
Listing Contract Date
2024-04-18
Location Description
Victoria to Frederick St.
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Structures
Shed, Porch
Transaction Type
For sale
Zoning Description
R2A
Building
Appliances
Window Coverings
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1955
Construction Material
Wood frame
Cooling Type
Central air conditioning
Exterior Finish
Brick Veneer, Vinyl siding, Wood
Foundation Type
Block
Heating Type
Baseboard heaters, Radiant heat, Heat Pump
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
0.158 acres
Access Type
Road access, Highway access
Amenities
Park, Place of Worship, Public Transit, Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.158
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