Salehian.com 647-325-5000

727 FREDERICK Street

Kitchener, N2B 2B3

$829,900

Reduced $20,000 from $849,900

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  • 5 bedrooms
  • 3 bathrooms
  • 5 parking
  • 1500-2000 sq ft

Listed 42 days ago · 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.

Details

Type
Triplex
Style
2-Storey
Age
51-99 years
Size
1500-2000 sq ft
Lot
64.95 × 124.89 ft
Basement
Unfinished
Garage
Detached
Kitchens
3
Property tax
$4,387 (2026)
Municipality
Kitchener

Interior

Bedrooms
5 above ground
Bathrooms
1 × 4-piece (second), 1 × 4-piece (main), 1 × 4-piece (lower)
Rooms
17 above ground
Family room or den
Yes
Fireplace
No
Features
Water Meter, Primary Bedroom - Main Floor, Floor Drain

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Age
51-99 years
Faces
South
Outdoor
Year Round Living, Fence - Partial, Workshop

Parking

Garage spaces
2
Total parking
5
Driveway and parking
Private Double

Lot

Size
64.95 × 124.89 ft (rectangular)

More

Possession
TBA
Nearby
School, Hospital, Library, Park, Place Of Worship, Public Transit
Cross street
Frederick and River Rd E

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚇 Borden LRT2.4 km
  • 🚇 Kitchener Market LRT2.5 km

Within a 10-minute walk: 1 grocery store, 11 cafés and restaurants, 3 parks, 1 pharmacy. Nearest grocery: KW Korean Food Market (600 m). Nearest park: Rosemount Park (350 m).

Schools nearby

Elementary

  • Smithson Public School
    EQAO: Gr 6 reading 69%, math 57%    13 min walk
  • Canadian Martyrs Catholic Elementary School Catholic
    EQAO: Gr 6 reading 94%, math 80%    1.2 km
  • Mackenzie King Public School
    EQAO: Gr 6 reading 100%, math 87%    1.2 km
  • St. Anne Catholic Elementary School Catholic
    EQAO: Gr 6 reading 90%, math 45%    1.3 km

Secondary

  • École secondaire David Saint-Jacques Catholic · French5 min walk
  • Stanley Park Public School1.5 km
  • Grand River Collegiate Institute
    EQAO: Gr 9 math 58%, literacy test 83%    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2B

Owners / renters
61% / 39%
Median household income
$81,000
Average age
43
Children under 15
15%
Homes
57% detached, 14% high-rise
Commute by transit
3%
Population
16,939

Languages spoken most at home besides English: Serbian 1.7%, Spanish 0.9%, Tigrigna 0.8%, Arabic 0.7%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX A-B Realty Ltd.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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