$500,000
Est. payment $2,214/moCalculate yours
569 Frederick Street, Kitchener, ON N2B 2A7
Kitchener, ON N2B 2A7
- 3 Beds
- 2 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd MLS® X13757172
About this home
INVESTORS, DEVELOPERS & VISIONARIES! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you’re looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you’ve been waiting for.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 70.28 x 94.15 Feet
- Parking
- Detached garage · 7 total
- Zoning
- MU3
Financial
- Property Taxes
- $7,207 (2025)
Location
- Cross Street
- Bruce Street
- Direction Faces
- East
Listing
- MLS® Number
- X13757172
- Days on Market
- 40
- Listed On
- 2026-09-08
- Listed By
- RE/MAX Solid Gold Realty (II) Ltd
Rooms
Features
Interior
- Separate Hydro Meter
- Water Softener
Property
- Park
- Public Transit
- Other
Pool
- None
- Included
- Dryer, Microwave, Water Softener
- Excluded
- All Tenants Belongings
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$2,214 per month
- Principal and interest
- $2,214
- Property tax
- $601
- Condo fees
- $0
- Estimated monthly cost
- $2,814
Your mortgage
- Mortgage amount
- $400,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,168
Cash to close
- Down payment
- $100,000
- Land transfer tax
- $6,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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