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
$949,900
Instant Estimate Not Available
For Sale
29 days
 on site
$949,900
Instant Estimate Not Available
* 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
$488
Taxes
$5,893 (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 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 and value. Situated on an oversized 53' x 163' lot, this triplex features three separately metered units, including one one-bedroom unit and two two-bedroom units, all in excellent condition. The vacant upper unit has been refreshed in 2025, featuring updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout. The property has benefited from several improvements over the years, including a roof replacement in 2014, an updated furnace, vinyl windows, and upgraded eaves. The lower unit features above-grade windows, creating a bright and welcoming living space. The spacious lot also presents potential for an accessory dwelling unit (ADU), offering an excellent opportunity to maximize future returns. Additional highlights include a commercial coin-operated laundry system and ample private parking. With the upper two-bedroom unit now vacant, buyers have the flexibility to set new market rent or move in and enjoy homeownership while generating rental income. Don't miss this outstanding investment opportunity in a prime location!
Broker: Chestnut Park Realty Southwestern Ontario Limited
MLS®#: 40703657
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:
Mar 5, 2025
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Instant estimate:
Not Available

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About 524 Krug Street

Located at 524 Krug Street, this Kitchener multiplex is available for sale. 524 Krug Street has an asking price of $949900, and has been on the market since March 2025. This multiplex has 5 beds, 3 bathrooms and is 1947 sqft.

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 rather 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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