524 KRUG Street Active

Kitchener,ON N2B1L6

$ 965000

5 Beds

3 Baths

2879 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,879 sqft

Price per Sqft $335

Subdivision 224 - Heritage Park/Rosemount

MLS Listing ID 40681440

Style 2 Level

Bedrooms 5

Year Built 1957

Property Description

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 becoming vacant on February 1, 2025, 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:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Building

Story 2

Sewer Municipal sewage system

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