40
See all 40 photos
$965,000
Est. payment /mo
5 BD
3 BA
2,879 SqFt
Active
524 KRUG Street Kitchener, ON N2B1L6
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Key Details
Property Type Multi-Family
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 40681541
Bedrooms 5
Originating Board Cornerstone - Waterloo Region
Year Built 1957
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling None
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/524_krug_st_kitchener_on/
Listed by Chestnut Park Realty Southwestern Ontario Limited
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