Kitchener, ON N2B1L6 514 KRUG STREET

$965,000

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Presented By: PSR
  • MLS# X12175797
  • 05/27/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3
  • SQFT • 1,500

Home Details

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. (id:7434)
Presented By: PSR

Interior Features for 514 KRUG STREET

Other Interior Features

Basement TypeN/A
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air

General for 514 KRUG STREET

AmenitiesHospital, Park, Public Transit, Schools
Building Age51 to 99 years
Building AmenitiesSeparate Electricity Meters
Building AppliancesDryer, Stove, Washer, Refrigerator
Building Basement FeaturesApartment in basement, Separate entrance
Building TypeTriplex
Building.StoriesTotal2
Foundation TypeConcrete
Location DescriptionRiver Rd. E. to Krug St.
Parking Space Total7
Property TypeMulti-family
Suite - LegalNo
Zoning DescriptionRES-5

Exterior for 514 KRUG STREET

Exterior FinishBrick
Land Amenities Hospital, Park, Public Transit, Schools
SewerSanitary sewer

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $965,000
MLS#X12175797
List Date 05/27/2025
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
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