$829,900
↓ $20,000 from $849,900
Est. payment $3,675/moCalculate yours
727 FREDERICK Street, Kitchener, ON N2B 2B3
Kitchener, ON N2B 2B3
- 5 Beds
- 3 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX A-B Realty Ltd MLS® X13752760
About this home
Make an appointment to see it before it is too late. 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.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 64.95 x 124.89 Feet
- Parking
- Detached garage · 5 total
Financial
- Property Taxes
- $4,387 (2026)
Location
- Cross Street
- Frederick and River Rd E
- Direction Faces
- South
Listing
- MLS® Number
- X13752760
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- TBA
- Listed By
- RE/MAX A-B Realty Ltd
Features
Interior
- Water Meter
- Primary Bedroom - Main Floor
- Floor Drain
Property
- School
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
Pool
- None
- Included
- Three sets of fridges, washers, automatic garage door openers with remotes, water softener is NOT working,
- Excluded
- Tenants belongings
- Rental items
- One water heater ( rented from Kitchener Utilities Company)
Mortgage calculator
Estimated mortgage payment
$3,675 per month
- Principal and interest
- $3,675
- Property tax
- $366
- Condo fees
- $0
- Estimated monthly cost
- $4,040
Your mortgage
- Mortgage amount
- $663,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $438,465
Cash to close
- Down payment
- $165,980
- Land transfer tax
- $13,073
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $179,053
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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