714 FREDERICK St, Kitchener, Ontario, N2B2B2, Kitchener, ON

$799,900
Est. Mortgage /mo

MLS® 40555509

$799,900
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
226-777-6769
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 0 sqft
1500 sqft
1974 built
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Schools
Crime
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Property details

**LEGAL DUPLEX**....Welcome to 714 Frederick Street, Kitchener where you can live, earn, and plan for the future! A carpet-free legal duplex, constructed entirely of brick, boasts a generous lot size of 50 x 150 sqft & offering 3 bedrooms, 2 bathrooms & 6-car parking capacity. Situated in a prime location minute from the major highways, this property offers proximity to top-rated schools, downtown Kitchener, LRT, parks & an array of essential amenities. This residence Currently listed on AirBnb with an estimated gross income of $65,000 per year ($40,000 from main floor & $25,000 from the basement). All rooms in both unites are equipped with separate smart high efficiency heating and cooling equipment can be controlled from the cell phone from distance or at the location. You can live in one unit and use the other unit as a Mortgage Helper or keep both units for personal use for extended families. Both Units are already prepared for short term rentals. A separate large 20-18 custom-built garage with a mechanic-style pit and separate electrical panel presents an ideal space for enthusiasts as workshop for hobbies or run a side business. Res 4 Zoning and 50 ft frontage opens opportunities to add one or two more units to the property or legal usage as a commercial location. The main floor has 2 bed room and one full washroom with a jet bath tub and fully-equipped kitchen with all Appliances & ample cabinetry, complemented by a dining area. A finished basement, with its own kitchen, separate laundry facilities, complete with a separate entrance, offering endless possibilities as a mortgage helper or additional living space. Step outside to discover the expansive, pool-sized, fully fenced backyard, perfect for enjoying warm-weather activities or host a family event, having a place ready for your beloved guests. This place is ideal for First Time Home buyers or Investors. Don't miss your chance, Schedule your showing today. (id:26763)

Location Details
Area Canada
State Ontario
City Kitchener
Postal Code N2B2B2
Sub-Area/Community 224 - Heritage Park/Rosemount
Property Metrics
Total Bedrooms 3
Full Baths 2
Stories 2
Floor Area Total (Sq.ft) 1500
Financial Details
List Price 799,900

Neighborhood Info

Public Schools
Secondary
École secondaire catholique Père-René-de-Galinée
Above Average
7.71 km
No Rating
Details
Secondary
Grand River Collegiate Institute
Above Average
2.11 km
No Rating
Details
Elementary
Smithson Public School
Above Average
0.86 km
Rating 6.3/10
Details
Elementary
Stanley Park Public School
Above Average
1.49 km
No Rating
Details

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools
Secondary
Discipleship Christian Secondary School
Above Average
3.9 km
No Rating
Details
Secondary
Discipleship Christian Secondary School
Above Average
3.9 km
No Rating
Details
Closest Transit
Kitchener
Frederick / River
0.06 km

This home with address 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is also serviced by Grand River Collegiate Institute and located 2.11 km from it. Grand River Collegiate Institute has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 is Discipleship Christian Secondary School with School's rating No Rating, located 3.9 km from this home.

The closest to this address 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 Secondary independent school is Discipleship Christian Secondary School with School's rating No Rating, located 3.9 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 33,133 volation disturbances in this neighbourhood. The overall crime rate near the address - 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is 5,474.43. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -0.8%

Drug crime rate next to the listing for sale MLS® 40555509 is Average comparing to other neighbourhoods. The illegal substances offences rating is 102.11. This is the amount of drug crime incidents per 100,000 population. There were 618 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 12.6%

Property crimes in the neighbourhood close to real estate listing for sale 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 are High. Property misconduct rating adjacent to MLS® 40555509 is 3,228.02. There were 19,537 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -1.1%

There were 8,128 violent lawbreaking disorders in 2020. 1,342.96 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 2.5%

The closest Bus station is Frederick / River in 0.06 km away from this listing with - MLS® 40555509.

16.1% of people with university certificate/degree live in this neighbourhood adjacent to the 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 which is Average in comparison with other BC neighbourhoods. 21.2% of population in this neighbourhood that is near the Listing MLS® 40555509 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is $63504 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 40555509 is $35925 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 55.8% which is Average.

Unemployment rate in the area around MLS® Listing # 40555509 is 6.5 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 224 - Heritage Park/Rosemount where population change between 2011 and 2016 was 0.4%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is 2532.4 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 40555509 is 51.6% and it is Below Average. % of Married or living common law is around 54.7% and it is Below Average.

Average age of the population close to the 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 is 43.7 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is $337536 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 714 FREDERICK Street, Kitchener, Ontario, N2B2B2. $1137 owners spent in average for the dwelling. Tenants are paying $922 in this district close to MLS® 40555509 and it is Average comparing to other cities.

39.1% of Population in this district near the 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is 4.5%, it is Below Average, % of English speakers only is 94.7% and Above Average. % of Neither English nor French speakers close to home for sale 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON is 0.8% and it is Average comparing to other BC cities.

5.3% of all population in the area around this property with the address 714 FREDERICK Street, Kitchener, Ontario, N2B2B2, Kitchener, ON using Public Transport which is Below Average, 86.5% of using population are using Cars around MLS® 40555509, which is Average. 1.5% of people using Bicycles around the 714 FREDERICK Street, Kitchener, Ontario, N2B2B2 and it is Above Average. 5.2% of population are walking which is Average

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Home Price
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/month
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Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
226-777-6769
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