318 Frederick St, Kitchener, ON N2H 2N8, Canada
318 Frederick St, Kitchener, ON N2H 2N8, CanadaBasics
- Date added: Added 3 days ago
- Category: Residential Income
- Type: Multi-3 Unit
- Status: Active
- Bedrooms: 0
- Bathrooms: 3
- Area: 1731 sq ft
- Year built: 1923
- County Or Parish: Waterloo
- MLS ID: 40816955
Description
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Description:
Well-maintained, fully rented mixed-use property featuring three self-contained units, offering a income-generating opportunity. The building includes a one-bedroom basement apartment, a main floor office with kitchenette, and a spacious two-bedroom plus loft apartment spanning the second and third floors. Each unit is equipped with its own bathroom, providing convenience for tenants. The property offers parking for up to three vehicles, EV charging, shared laundry and benefits from large windows that provide excellent natural light throughout. Numerous recent improvements include a new furnace (2023), air conditioning system (2024), and newly constructed basement apartment (2024), among others. Ideally situated in a desirable downtown location. The property is within walking distance to a wide range of amenities including restaurants, shops, parks, churches, and schools. Convenient access to the expressway and location on public transit route further enhance its accessibility and appeal to both residential and commercial tenants. An excellent turnkey investment opportunity with stable rental income in a highly walkable and well-connected area. Also ideal for an owner-occupier—operate your business from the main floor office, live in the upper unit, and generate additional income from the basement apartment.
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Location
- Parking Total: 3
Building Details
- Number Of Units Total: 3
- Building Area Total: 2197 sq ft
- Number Of Buildings: 0
- Parking Features: Asphalt, EV Charging
- Construction Materials: Aluminum Siding, Brick
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Patio & Porch Features: Porch
- Appliances: Water Softener, Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
- Fencing: Fence - Partial