524 Krug Street

524 Krug Street
524 Krug Street
524 Krug Street
+37
5
 bed
3
 bath
4
 parking
1947
 sqft
Multiplex
* This unit size is calculated from property.ca data
$965,000
Terminated on 
Mar 4, 2025
97 days
 on site
$965,000
* This unit size is calculated from property.ca data
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Size
1947 sqft
Lot size
8667 sqft
Street frontage
-
Possession
-
Price per sqft
$496
Taxes
$5,893.19 (2024)
Parking Type
-
Style
Other
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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:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
1947 sqft
Lot front:
53 Ft
Lot depth:
162 Ft
Listed on:
Nov 27, 2024
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524 Krug Street
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About 524 Krug Street

524 Krug Street is a Kitchener multiplex which was for sale. Listed at $965000 in November 2024, the listing is no longer available and has been taken off the market (Terminated) on 4th of March 2025. 524 Krug Street has 5 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 multiplex.

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

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