569 Frederick Street, Kitchener, Ontario

$500,000

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3

Beds

2

Baths

1,882

Square feet

About 569 Frederick Street

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:36535)

Features of 569 Frederick Street

Listing # 40861175
Price $500,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,882
Acres 0.00
Year Built 1903
Type Multi-family
Sub-Type Freehold

Community Information

Address 569 Frederick Street
Subdivision 224 - Heritage Park/Rosemount
City Kitchener
Province Ontario
Postal Code N2B2A7

Amenities

Amenities Park, Public Transit, Shopping
Features Paved driveway
Parking Spaces 7
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type Full (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick
Foundation Stone

Listing Details

OfficeCourtesy Of RE/MAX SOLID GOLD REALTY (II) LTD.

Listing Map