New
68
New
40
$849,900
727 FREDERICK Street, Kitchener, ON N2B 2B3
8 bd
3 ba
1,500 sf
5
5 days on marketMLS® X13752760
Listing courtesy of RE/MAX A-B Realty Ltd
$850,000
$567 / sq ft1 months on market
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Exceptional turnkey investment opportunity in the heart of Kitchener's thriving Innovation District! Ideally located just two blocks from Google, this fully renovated and fully rented triplex offers immediate cash flow in one of Waterloo Region's most sought-after rental markets. Within walking distance to the University of Waterloo School of Pharmacy, Grand River Hospital, the ION LRT, GO Transit, vibrant downtown amenities, restaurants, and the future growth of the tech corridor, this is an investment positioned for long-term success.This meticulously updated property features three self-contained units, including two spacious 2-bedroom suites and one bright 1-bedroom lower-level apartment, all thoughtfully renovated with quality finishes and designed to attract and retain excellent tenants. Each unit offers a modern kitchen, updated bathroom, in-suite laundry, contemporary flooring, and its own hydro meter, providing convenience for tenants and reduced operating costs for the owner.Extensive capital improvements provide true peace of mind, including updated plumbing and electrical with all knob-and-tube wiring removed, new appliances throughout, rebuilt front porch, new gutters and downspouts, new window wells, new fencing and privacy walls, a new water softener (2022), individual thermostats for each unit, and much more.The property also offers parking for up to five vehicles with two separate driveways-a rare and valuable feature in this highly walkable urban neighbourhood.Whether you're expanding your real estate portfolio or purchasing your first income property, this low-maintenance, income-producing triplex combines a premier location, quality renovations, and strong rental demand in one exceptional package. Opportunities like this in Kitchener's Innovation District are rare-don't miss your chance to invest in one of the region's fastest-growing communities.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 56% of comparable multiplex listings in Kitchener are asking less.
Based on 32 comparable active multiplex listings in Kitchener. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $850,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Forest Hill Real Estate Inc.
$849,900
Listing courtesy of RE/MAX A-B Realty Ltd
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Listing courtesy of HOMELIFE/MIRACLE REALTY LTD
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Listing courtesy of RIGHT AT HOME REALTY
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Listing courtesy of EXP REALTY
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