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524 Krug Street Kitchener, Ontario N2B 1L6

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5 Bedroom 3 Bathroom 2879 sqft
2 Level None Forced Air

$965,000

Prime investment opportunity in the heart of Kitchener! Welcome to 524 Krug Street, a well-maintained legal triplex offering exceptional potential for savvy buyers. Ideally located just minutes from the expressway and under 10 minutes to Downtown Kitchener, this property combines convenience and value. Set on an oversized 53' x 163' lot, the property features three separately metered units: a one-bedroom unit and a pair of two-bedroom units, all in great condition. Updates include the roof (2014), furnace, vinyl windows, and eaves, providing peace of mind for future owners. The lower unit boasts above-grade windows, allowing natural light to create a bright and appealing living space, while the oversized lot offers potential for a future accessory dwelling to further maximize returns. Additional features include a commercial coin-operated laundry system and ample private parking. With the upper two-bedroom unit becoming vacant on February 1, 2025, this property offers immediate flexibility for setting new market rent for this unit or owner-occupancy. Contact us today to schedule your private showing and take advantage of this exceptional investment opportunity! (id:8999)

Property Details

MLS® Number 40681440
Property Type Single Family
AmenitiesNearBy Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Southern Exposure, Conservation/green Belt, Paved Driveway, Laundry- Coin Operated
ParkingSpaceTotal 4
RentalEquipmentType Water Heater
Structure Porch

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Appliances Water Softener
ArchitecturalStyle 2 Level
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1957
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Brick Veneer
FireProtection Unknown
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2879 Sqft
Type House
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 162 Ft
SizeFrontage 54 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R5

Rooms

Level Type Dimensions
Second Level Primary Bedroom 11'6'' x 10'5''
Second Level Living Room 16'3'' x 11'7''
Second Level Kitchen 12'2'' x 9'0''
Second Level Dining Room 7'1'' x 11'7''
Second Level Bedroom 11'6'' x 10'5''
Second Level 4pc Bathroom 8'1'' x 4'11''
Basement Laundry Room 10'2'' x 11'7''
Basement Living Room 11'11'' x 20'7''
Basement Kitchen 12'0'' x 14'4''
Basement Bedroom 10'4'' x 13'0''
Basement 4pc Bathroom Measurements not available
Main Level Primary Bedroom 11'5'' x 10'4''
Main Level Living Room 23'3'' x 9'0''
Main Level Kitchen 12'3'' x 9'0''
Main Level Bedroom 11'4'' x 10'4''
Main Level 4pc Bathroom 7'11'' x 4'11''

https://www.realtor.ca/real-estate/27687773/524-krug-street-kitchener

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