$965,000 FOR SALE

Detached 2 Level

Bedrooms: 4+1Bathrooms: 3Lot: 54 x 162 ft

524 Krug Street
Kitchener, ON N2B 1L6

UPPER FLOOR 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. Contact us today to schedule your private showing and take advantage of this exceptional investment opportunity! (id:47423)

Share

Listed By Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40681440
Last Updated Jan 10, 2025
Property Summary
Property Type Detached

More like this:
Subdivision 224 - Heritage Park/Rosemount
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 4+1
Bathrooms 3
Lot 54 x 162 ft
Amenities Nearby Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre
Equipment Water Heater
Features Southern exposure, Conservation/green belt, Paved driveway, Laundry- Coin operated
Listing Contract Date 2024-11-27
Location Description River Rd. E to Krug St.
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Rental Equipment Water Heater
Structures Porch
Transaction Type For sale
Zoning Description R5
Building
Appliances Water softener
Architectural Style 2 Level
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1957
Construction Style (Attachment) Detached
Cooling Type None
Exterior Finish Brick Veneer
Fire Protection Unknown
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level11'6'' x 10'5''
Living roomSecond level16'3'' x 11'7''
KitchenSecond level12'2'' x 9'0''
Dining roomSecond level7'1'' x 11'7''
BedroomSecond level11'6'' x 10'5''
4pc BathroomSecond level8'1'' x 4'11''
Laundry roomBasement10'2'' x 11'7''
Living roomBasement11'11'' x 20'7''
KitchenBasement12'0'' x 14'4''
BedroomBasement10'4'' x 13'0''
4pc BathroomBasementMeasurements not available
Primary BedroomMain level11'5'' x 10'4''
Living roomMain level23'3'' x 9'0''
KitchenMain level12'3'' x 9'0''
BedroomMain level11'4'' x 10'4''
4pc BathroomMain level7'11'' x 4'11''
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal sewage system

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.