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524 Krug Street
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+37
5
bed3
bath4
parking1947 - 1947
sqftTriplex
$965,000
Instant Estimate Not Available
For Sale
87 days
on site$965,000
Instant Estimate Not Available
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Size
-
Lot size
8667 sqft
Street frontage
N
Possession
-
Price per sqft
$496
Taxes
$5,893.19 (2024)
Parking Type
-
Style
-
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Description
UPPER 2-BEDROOM UNIT NOW VACANT! 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 now vacant, this property offers immediate flexibility for setting new market rent for this unit or owner-occupancy. Take advantage of this exceptional investment opportunity!
Broker: Chestnut Park Realty Southwestern Ontario Limited
MLS®#: 40681541
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
1947 sqft
Lot front:
53 Ft
Lot depth:
162 Ft
Listed on:
Nov 26, 2024
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Instant estimate:
Not Available
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About 524 Krug Street
524 Krug Street is a Kitchener triplex for sale. It has been listed at $965000 since November 2024. This triplex has 5 beds, 3 bathrooms and is 1947-1947 Squa.
For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.
Transit riders take note, 524 Krug St, Kitchener is a short walk to the closest public transit Bus Stop (Kensington / Krug (Temporary Stop)) with route Queen-river.
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