Rare Multi Unit Gem with Incredible Cash Flow Potential !


Property

Website:https://www.nestseekers.com/5645764
Address:
Kitchener N2B 2B3
Canada
Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 4

Financials

Price:C999,999
($708,500)
(€622,600)
Annual Taxes:C5,752

Description

Rare Multi-Unit Gem with Incredible Cash Flow Potential! Welcome to 685 Frederick St. a truly unique property offering over 3,000 sq. ft. of total living space and one of the very few properties in the K-W area featuring a fully detached, Additional Dwelling Unit (ADU) in the backyard! Whether you are a multi-generational family looking to live close while maintaining perfect privacy, or an investor chasing serious positive cash flow, this property delivers. The Front Unit: A spacious bungalow featuring 3 bedrooms and a bright living room on the main level. The lower level offers an additional 2 bedrooms and a family room. Thanks to a separate entrance and generous square footage, this basement has excellent potential to be converted into a legal secondary suite(City approved permit available). The Detached ADU: A recently built, 818 sq. ft., 2-bedroom backyard home-perfect for the in-laws or as a premium rental income stream.

Amenities

  • Separate Heating Controls
  • Separate Hydro Meter
  • Water Heater

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario