514 Krug St, Kitchener, Ontario

Multi-Family for Sale in Kitchener

514 Krug St, Kitchener, ON

  • CA$965,000
  • 4+1 BEDS
  • 3 BATHS
  • 9,426.16 sq.ft. Land
  • CA$965,000

Multi-Family for Sale in Kitchener

514 Krug St, Kitchener, ON

  • CA$965,000
  • 4+1 BEDS
  • 3 BATHS
  • 9,426.16 sq.ft. Land
  • CA$965,000

Key Facts

  • MLS® #: X12175797
  • Property ID: SIRC2444207
  • Property Type: Residential, Triplex
  • Lot Size: 9,426.16 sq.ft.
  • Year Built: 51
  • Bedrooms: 4+1
  • Bathrooms: 3
  • Additional Rooms: Den
  • Parking Spaces: 7
  • Listed By:
  • PSR

Property Description

Investor Alert! Triplex with Development Potential! This property is zoned RES-5, offering excellent potential to add more units on the massive 53FT x 176FT deep lot (drawing for a proposed 4-unit build with parking plan available). The property is separately metered, well maintained and offers 2 x 2 beds, 1 x 1 bed and plenty of parking. The upper unit is beautifully renovated and vacant, ideal for market rent or owner occupancy. The middle unit is currently rented at $1,800/month. All tenants are in good standing with no open claims. Updates include: furnace (2021), hot water tank (2019), driveway (2013), roof (2010), and windows (2003). Conveniently located across from a shopping plaza and close to Stanley Park Conservation Area, Walter Bean Trail, Idlewood Pool, splash pads, schools, transit, and major highways. A solid portfolio addition with long-term upside.

Rooms

  • TypeLevelDimensionsFlooring
  • Living roomFlat0' x 0'Other
  • KitchenFlat0' x 0'Other
  • BedroomFlat0' x 0'Other
  • BedroomFlat0' x 0'Other
  • BathroomFlat0' x 0'Other
  • Living room2nd floor0' x 0'Other
  • Kitchen2nd floor0' x 0'Other
  • Bedroom2nd floor0' x 0'Other
  • Bedroom2nd floor0' x 0'Other
  • Bathroom2nd floor0' x 0'Other
  • Living roomBasement0' x 0'Other
  • KitchenBasement0' x 0'Other

Listing Agents

PSR

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Location

514 Krug St, Kitchener, Ontario, N2B 1L6 Canada

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