524 Krug Street, Kitchener, Ontario

$965,000

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5

Beds

3

Baths

2,879

Square feet

About 524 Krug Street

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! (id:6289)

Features of 524 Krug Street

Listing # 40681541
Price $965,000
Bedrooms 5
Bathrooms 3.00
Square Footage 2,879
Acres 0.00
Year Built 1957
Type Multi-family
Sub-Type Freehold

Community Information

Address 524 Krug Street
Subdivision 224 - Heritage Park/Rosemount
City Kitchener
Province Ontario
Postal Code N2B1L6

Amenities

Amenities Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features Southern exposure, Conservation/green belt, Paved driveway, Laundry- Coin operated
Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Appliances Water softener
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick Veneer
Foundation Poured Concrete

Listing Details

OfficeChestnut Park Realty Southwestern Ontario Limited

Listing Map

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