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685 Frederick Street

Kitchener, ON N2B 2B3

ActiveFor Sale
7 Beds
4 Baths
2,000 Sq Ft
Multi-Family

About This Property

Rare Multi-Unit Gem with Incredible Cash Flow Potential! Welcome to 685 Frederick St. a truly unique property offering over 3,000 sq. ft. of total living space and one of the very few properties in the K-W area featuring a fully detached, Additional Dwelling Unit (ADU) in the backyard! Whether you are a multi-generational family looking to live close while maintaining perfect privacy, or an investor chasing serious positive cash flow, this property delivers. The Front Unit: A spacious bungalow featuring 3 bedrooms and a bright living room on the main level. The lower level offers an additional 2 bedrooms and a family room. Thanks to a separate entrance and generous square footage, this basement has excellent potential to be converted into a legal secondary suite(City approved permit available). The Detached ADU: A recently built, 818 sq. ft., 2-bedroom backyard home-perfect for the in-laws or as a premium rental income stream.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms7
Bathrooms4
Postal CodeN2B 2B3
Last UpdatedAug 8, 2026 · 10:40 p.m.

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Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13585486

Listed by REAL BROKER ONTARIO LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$999,999

asking price

MLS®X13585486
TypeMulti-Family
CityKitchener
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,883

/month · $799,999 mortgage

Down Payment20% — $200,000
Interest Rate5.5%

Amortization

Total Interest

$664,939

Total Cost

$1,464,938

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

REAL BROKER ONTARIO LTD.