$829,900 - 727 FREDERICK Street, Kitchener
Multi-Family for Sale in Kitchener
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13752760
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 29
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $4,387
- Listing Brokerage
- RE/MAX A-B Realty Ltd
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.
Estimate your monthly payments for this property
Estimated Payment
$4,257.82/mo
Includes CMHC insurance ($23,154)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
727 FREDERICK Street, Kitchener
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $553/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.