Jason Hughes

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(905) 320-5864

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524 KRUG STREET, Kitchener, Ontario

$965,000

5 Beds
3 Baths

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:23309)

Listing ID: X11586469
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.48 m x 3.16 m
Bedroom 2	Second level	3.45 m x 3.14 m
Bathroom	Second level	2.42 m x 1.5 m
Kitchen	Second level	3.73 m x 2.74 m
Living room	Second level	7.1 m x 3.56 m
Dining room	Third level	2.17 m x 3.54 m
Bedroom	Third level	3.5 m x 3.17 m
Bedroom 2	Third level	3.51 m x 3.17 m
Bathroom	Third level	2.45 m x 1.5 m
Kitchen	Third level	3.7 m x 2.75 m
Living room	Third level	4.96 m x 3.54 m
Laundry room	Basement	3.1 m x 3.52 m

Details

Amenities Nearby: Hospital, Park, Place of Worship, Public Transit
Community Features: Community Centre
Equipment: Water Heater - Gas
Features: Flat site
Parking Spaces: 4
Rental Equipment: Water Heater - Gas
Structure: Porch, Shed
Transaction: For sale
View: City view
Zoning Description: R5

Building

Amenities: Separate Electricity Meters
Appliances: Dryer, Refrigerator, Stove, Washer
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 1
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Controlled entry, Smoke Detectors
Foundation: Poured Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1499.9875 - 1999.983 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Place of Worship, Public Transit
Sewer: Sanitary sewer
Size Frontage: 53 ft ,6 in
Size Irregular: 53.5 x 162 FT ; 162.32ftx11.53ft x42.26ft x169.14ftx53.5

Listing provided by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 524 KRUG STREET in Kitchener Ontario. It was last modified on November 29th, 2024. Contact Jason Hughes to schedule a viewing or to discover other Kitchener homes for sale.

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