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For sale
  • C$949,000

    318 Frederick St, Kitchener, ON N2H 2N7

    --beds
    3baths
    1,731sqft
    Multi-3 Unit, Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    C$548/sqft
    C$-- HOA

    What's special

    Three self-contained unitsOne-bedroom basement apartmentEv chargingShared laundry
    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.
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    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2026 at 09:43am

    Listed by:

    Rebecca Rawlings, Broker,

    C M A REALTY LTD.,

    Kalvin Joseph Koebel, Salesperson,

    C M A REALTY LTD.

    Source: ITSO,MLS®#: 40816955Originating MLS®#: Cornerstone Association of REALTORS®

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Water Softener, Refrigerator, Stove
      • Laundry: Shared
      Features
      • Basement: Full,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,197
      • Total interior livable area: 1,731 sqft
      • Finished area above ground: 1,731
      • Finished area below ground: 466

      Property

      Parking
      • Total spaces: 3
      • Parking features: Asphalt, Outside/Surface/Open
      • Uncovered spaces: 3
      Features
      • Patio & porch: Porch
      • Fencing: Partial
      • Frontage length: 39.74
      Lot
      • Size: 3,582.56 Square Feet
      • Dimensions: 39.74 x 90.15
      • Features: Rectangular, City Lot, Library, Park, Public Transit, Schools
      Details
      • Parcel number: 223110154
      • Zoning: CR-1, 114R, 128U

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi-3 Unit, Multi Family
      Materials
      • Aluminum Siding, Brick
      • Roof: Asphalt Shing
      Condition
      • 100+ Years
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Sewer: Sewer (Municipal)
      • Water: Municipal

      Community & HOA

      Location
      • Region: Kitchener

      Financial & listing details

      • Price per square foot: C$548/sqft
      • Annual tax amount: C$4,829
      • Date on market: 4/7/2026
      • Inclusions: None
      Rebecca Rawlings, Broker

      Rebecca Rawlings, Broker

      (519) 578-0337

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Price history

        Price history
        DateEventPrice
        4/7/2026Listed for saleC$949,000C$548/sqft
        Source: ITSO #40816955 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Climate risks

        Neighborhood: Central Frederick

        Getting around

        90 / 100
        Very Walkable
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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