318 Frederick Street, Kitchener, ON N2H 2N7
318 Frederick Street, Kitchener, ON N2H 2N7
318 Frederick Street, Kitchener, ON N2H 2N7
318 Frederick Street, Kitchener, ON N2H 2N7
318 Frederick Street, Kitchener, ON N2H 2N7
318 Frederick Street, Kitchener, ON N2H 2N7
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Listed by Rebecca Rawlings • C M A REALTY LTD.
$ 899,000
Est. payment | /mo

2,197 SqFt


Save
$ 899,000
Est. payment | /mo
Save

2,197 SqFt

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,197 sqft

Price per Sqft $409

MLS Listing ID 40816466

Abv Grd Liv Area 2,197

Year Built 1923

Annual Tax Amount $4,829

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Well-maintained, fully rented mixed-use property featuring three self-contained units, offering a income-generating opportunity. The building includes a one-bedroom basement apartment, a main floor office with kitchenette, and a spacious two-bedroom plus loft apartment spanning the second and third floors. Each unit is equipped with its own bathroom, providing convenience for tenants.

The property offers parking for up to three vehicles, EV charging, shared laundry and benefits from large windows that provide excellent natural light throughout. Numerous recent improvements include a new furnace (2023), air conditioning system (2024), and newly constructed basement apartment (2024), among others.

Ideally situated in a desirable downtown location. The property is within walking distance to a wide range of amenities including restaurants, shops, parks, churches, and schools. Convenient access to the expressway and location on public transit route further enhance its accessibility and appeal to both residential and commercial tenants.

An excellent turnkey investment opportunity with stable rental income in a highly walkable and well-connected area. Also ideal for an owner-occupier—operate your business from the main floor office, live in the upper unit, and generate additional income from the basement apartment.

Location

State ON

County Waterloo

Area 2 - Kitchener East

Zoning CR-1, 114R, 128U

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Asphalt, EV Charging

Lot Frontage 39.74

Lot Depth 90.15

Garage No

Building

Lot Description Rectangular, City Lot, Highway Access, Public Transit

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 223110154

Ownership Freehold/None

Nearby Locations

Ryan Schinker
Ryan Schinker

Agent

+1(519) 807-8485 | ryan@soldbyschinker.com

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318 Frederick Street