524 Krug Street

524 Krug Street
524 Krug Street
524 Krug Street
+34
4+1
 bed
3
 bath
4
 parking
1500 - 2000
 sqft
Triplex
$929,900
For Sale
103 days
 on site
$929,900
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Size
-
Lot size
8667 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$465 - $620
Taxes
$5,893.19 (2024)
Parking Type
-
Style
2-Storey
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Description
Welcome to 524 Krug Street, a well-maintained legal triplex offering incredible potential for investors or owner-occupiers. Ideally located just minutes from the expressway and less than ten minutes to Downtown Kitchener, this property combines convenience, value, and long-term growth opportunity. Zoned RES-5, it sits on an oversized 53' x 163' lot and features three separately metered unitsone one-bedroom and two two-bedroom unitsall in excellent condition. The upper two-bedroom unit was refreshed in 2025 with updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout, and is now leased. The common areas were also updated with new flooring, paint, and lighting (2025). Over the years, the property has seen several important improvements, including a furnace (2007), roof (2014), vinyl windows (approx. 2008/09), water heater (2019), and soffit, fascia, and eavestroughs (approx. 2011). The lower unit features above-grade windows, offering a bright and welcoming living space. The large lot also presents potential for an accessory dwelling unit (ADU), providing an excellent opportunity to further increase rental income. Additional highlights include a commercial coin-operated laundry system and ample private parking. Dont miss this outstanding investment opportunity in a prime Kitchener location.
Broker: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS®#: X12002813
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
53 Ft
Lot depth:
162 Ft
Listed on:
Mar 5, 2025
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Rooms
LevelNameSizeFeatures
Main
Primary Bedroom
11.4 x 10.3 ft
4 Pc Bath
Lower
Living Room
20.6 x 11.9 ft
Main
Living Room
23.3 x 9.0 ft
Show all
Instant estimate:
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$48,474
lower than listed price
i
High
$899,856
Mid
$881,426
Low
$823,834
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About 524 Krug Street

Located at 524 Krug Street, this Kitchener triplex is available for sale. 524 Krug Street has an asking price of $929900, and has been on the market since March 2025. This 1500-2000 sqft triplex has 4+1 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

For those residents of 524 Krug St, Kitchener without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Kensington / Krug (Temporary Stop)) and is nearby connecting you to Kitchener's public transit service. It also has route Queen-river nearby.