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Gurdev Singh Virk

realtorgsvirk@gmail.com +1(647) 530-4840

$ 849,900

Est. payment | -/mo

8 Beds

3 Baths

Save

$ 849,900

Est. payment | -/mo

Save

8 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X13752760

Style 2-Storey

Bedrooms 8

Annual Tax Amount $4,386

Tax Year 2026

Property Sub-Type Triplex

Property Description

Exceptional Investment Opportunity - Purpose-Built Triplex on Frederick Street! This Solid brick purpose-built triplex offering an outstanding opportunity for investors, first-time buyers, or those looking to build long-term wealth through real estate. Ideally situated on a large lot with almost 65 feet of frontage, this well-maintained property features three generously sized units: two spacious 2-bedroom units and one 1-bedroom unit. The property offers excellent functionality with FOUR separate hydro meters, plenty of parking, and a large 2-car garage currently utilized by the landlord, providing valuable additional storage and convenience. The building is fire-coded and has benefited from important updates, including an updated electrical breaker panel in 2024 and a newer gas furnace installed in 2023.An ideal opportunity to live in one unit while having rental income from the other two, or rent all three units and add this income-producing property to your investment portfolio. The generous lot, solid brick construction, multiple units, parking, and garage make this a particularly attractive opportunity for business-minded investors. Located close to Downtown Kitchener, LRT, major highways, parks, shopping, restaurants, and everyday amenities, offering both convenience for tenants and strong appeal for future investment. Whether you're looking to start building your real estate portfolio, expand an existing one, or create an opportunity for future financial freedom, this property deserves your attention. Opportunities like this don't come along every day - book your private viewing today! .Two car detached garage with remote automatic garage door openers. Projected income over $67,000.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room Yes

Basement Unfinished

Kitchen 3

Interior

Interior Features Water Meter, Primary Bedroom - Main Floor, Floor Drain

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Year Round Living

Parking Features Private Double

Garage Spaces 2.0

Pool None

View City

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 64.95

Lot Depth 124.89

Total Parking Spaces 5

Building

Building Age 51-99

Unit Features School,Hospital,Library,Park,Place Of Worship,Public Transit

Foundation Poured Concrete

Others

Security Features Smoke Detector,Carbon Monoxide Detectors

ParcelsYN Yes

Listed by RE/MAX A-B Realty Ltd

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 530-4840

realtorgsvirk@gmail.com

Learn More About LPT Realty

727 FREDERICK ST Kitchener, ON N2B 2B3