318 Frederick Street, Kitchener, Ontario N2H 2N7

Listed for:
$949,000
0 beds
0 baths
Listed 23 days ago
318 Frederick Street, Kitchener, Ontario N2H 2N7

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About

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. (id:27476)

Property Highlights

MLS® Number
40816466
Type
Other
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Storeys
2.50
Square Footage
2197 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
C M A REALTY LTD.
MLS® number:
40816466
Agent:
Rebecca Rawlings
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