183 Louisa St

Mostly vacant, move-in-ready, legal duplex with viable potential for a third unit! With separate parking for multiple cars, the main unit is vacant and features 3 bedrooms, 1 bathroom, a full kitchen and a spacious living room. A spiral staircase leads you to the upper-level loft that offers a bedroom, office space or storage area. With a separate entrance and separate parking for multiple cars, the spacious 1 bed 1 bath unit is occupied by an A+ tenant. The lowest level features a purpose-built bachelor suite ready for future potential income or extra private space for the family to live. Additionally, this property offers a recreation room that can be accessed from the 3-bed unit or the bachelor unit that contains a kitchenette and a 3pc bathroom. The property also offers a fully fenced rear yard with a deck, a single detached garage and ample parking for all units. A fantastic opportunity for any investor or buyer looking for immediate income/ mortgage support with great potential for more income down the road. Nestled in a sought-after location conveniently near shopping, amenities, parks, schools and public transit with minutes to highway access, don't miss your chance to own this property!

685 Frederick St is one of the very few ADU (additional dwelling unit in the back yard) in Kitchener and Waterloo area. If you are a big family trying to live closer and also need some some space in between , 685 Frederick St is the one for you. If you are an investor looking for POSITIVE CASH FLOW, 685 Frederick St is the one for you. 685 Frederick St includes a total living space over 3000 sqft. The front unit is an amazing bungalow with 2 bedrooms+ 1 living room in the main level and 2 bedrooms + 1 family room in the basement. The basement in the front unit can be easily converted to a legal basement due to its huge space on both main and lower level and existing separated entrance. The new built 2 bedroom 818 sqft additional dwelling unit in its backyard is perfect for either in-laws or extra incomes. Existing duplex (+potentially legal basement unit) with 2-3 rental incomes within ONE purchase, 685 Frederick St can roughly generate $6000-7000 dollars rental income. For a big family or multi unit use, parking is the KEY. 685 Frederick St includes 1 garage parking and 5 drive way parkings. Super close to Highway 85, Schools, Webber park, Frederick Mall, Shantz Park and Stanley Park Conservation Area. With all that being said, 685 Frederick St is one of the most unique multi residential property in KW area.

Whether you're a growing family, an investor seeking an income-generating property, or in search of a mortgage-savvy solution, this residence caters to your every need. It offers convenient access to public transit, major grocery outlets, and the expressway. The upper level comprises 4 bedrooms, a 4-piece bath, a 3-piece bath, and a kitchen poised for further enhancements. The lower level presents 2 bedrooms and another 3-piece bathroom. Noteworthy features include separate hydro meters, 2 BONUS rooms off the carport, primed for conversion into additional bedrooms, and a private entrance for the basement unit. Don't let this exceptional opportunity pass you by! Property is being sold as is. This a LEGAL duplex. Vacant possession on closing. The backyard did have a pool that was filled by the previous owner.