714 Frederick Street Kitchener, Ontario N2B 2B2

$650,000

*LEGAL DUPLEX**....Welcome to 714 Frederick Street, Kitchener where you can live, earn, and plan for the future! A carpet-free legal duplex, constructed entirely of brick, boasts a generous lot size of 50 x 150 sqft & offering 3 bedrooms, 2 bathrooms & 6-car parking capacity. Situated in a prime location minute from the major highways, this property offers proximity to top-rated schools, downtown Kitchener, LRT, parks & an array of essential amenities. This residence Currently listed on AirBnb with an estimated gross income of $65,000 per year ($40,000 from main floor & $25,000 from the basement). All rooms in both unites are equipped with separate smart high efficiency heating and cooling equipment can be controlled from the cell phone from distance or at the location. You can live in one unit and use the other unit as a Mortgage Helper or keep both units for personal use for extended families. Both Units are already prepared for short term rentals. A separate large 20-18 custom-built garage with a mechanic-style pit and separate electrical panel presents an ideal space for enthusiasts as workshop for hobbies or run a side business. Res 4 Zoning and 50 ft frontage opens opportunities to add one or two more units to the property or legal usage as a commercial location. The main floor has 2 bed room and one full washroom with a jet bath tub and fully-equipped kitchen with all Appliances & ample cabinetry, complemented by a dining area. A finished basement, with its own kitchen, separate laundry facilities, complete with a separate entrance, offering endless possibilities as a mortgage helper or additional living space. Step outside to discover the expansive, pool-sized, fully fenced backyard, perfect for enjoying warm-weather activities or host a family event, having a place ready for your beloved guests. This place is ideal for First Time Home buyers or Investors. Don't miss your chance, Schedule your showing today. (id:51013)

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https://www.realtor.ca/real-estate/26724115/714-frederick-street-kitchener