Property Type: Detached HouseOwnership: Freehold

714 FREDERICK Street

Kitchener, BC N2B2B2

$579,900

3 bed2 bath6 parking764 sqftBuilt 1951
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Lot size
0.17 acres
Frontage
50 feet

RES - 4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,189.88

Interior

Basement
Finished, Full
Heating
Heat Pump
Cooling / A/C
Wall unit, Ductless
Fireplace
None
Appliances
Water softener, Window Coverings

Exterior & Lot

Exterior features
Brick Veneer
Lot features
Southern exposure, Paved driveway

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
6 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
Laundry roomBasement
3pc BathroomBasement
BedroomBasement10'11'' x 10'4''
Family roomBasement10'9'' x 13'7''
KitchenBasement10'7'' x 9'0''
4pc BathroomMain level
BedroomMain level11'7'' x 10'5''
Primary BedroomMain level11'7'' x 10'6''
KitchenMain level11'5'' x 10'5''
Dining roomMain level11'6'' x 4'10''
Living roomMain level11'6'' x 9'3''
FoyerMain level

Listing Information

MLS®
40849289
Listed
July 24, 2026
Time on market
On the market for 53 days
Data last synced
September 15, 2026

Listing provided by: Chestnut Park Realty Southwestern Ontario Limited · Data source: CREA DDF.

Description

Welcome to 714 Frederick Street, Kitchener, a legal duplex packed with flexibility, income potential, and room to grow! Whether you are looking to live in one unit and rent the other, add a turnkey investment property to your portfolio, accommodate multigenerational living, or explore short-term rental potential, this property offers a wide range of possibilities. Set on an impressive 50' x 150' lot with plenty of parking, this all-brick property features two self-contained units, each with its own private in-suite laundry. The upper unit offers two bedrooms, a full bathroom, and a functional kitchen with ample cabinetry, while the lower-level unit includes one bedroom, its own kitchen, bathroom, separate entrance, and laundry. Separate smart, high-efficiency heating and cooling heat pumps provide comfort for each unit and can be conveniently controlled remotely. The property also features 200-amp electrical service. Outside, the oversized 16' x 21' detached garage offers additional storage, its own electrical panel, and a mechanic-style pit, making it an ideal space for car enthusiasts, hobbyists, a workshop, or anyone needing extra room for tools and equipment. The deep, fully fenced backyard provides plenty of space for entertaining, gardening, kids, pets, or future plans. With RES-4 zoning and a generous 50-foot frontage, there may also be potential to add up to two additional residential units, subject to zoning, permits, and municipal approvals, creating even more opportunity for future value. Conveniently located close to major highways, Downtown Kitchener, the LRT, parks, shopping, and everyday amenities, 714 Frederick Street is an exciting opportunity for investors, first-time buyers, or families looking for a property that can work for them today while offering possibilities for tomorrow. (id:63159)

Values & Trends

This listing

$759/sqft

Building average

No other active listings in this building

224 - Heritage Park/Rosemount average

$371/sqft

23 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

13°C

Humidity 88%

Wind SE 2 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,920.00
Periodic payment — Principal & Interest (monthly)$2,993.05
Additional monthly expenses (strata, tax, utilities, etc.)$387.16
Total monthly cost$3,380.21
Interest paid over 5-yr term$132,960.81
Balance at end of term$417,297.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,205.55

Cash Needed at Closing

Minimum down payment$32,990
Estimated BC PTT$9,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,088

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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