Kitchener, ON N2B1L6,514 KRUG STREET
Kitchener, ON N2B1L6,514 KRUG STREET
Kitchener, ON N2B1L6,514 KRUG STREET
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$949,900
Est. payment /mo
5 Beds
3 Baths
1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $633

MLS® Listing ID X12388748

Bedrooms 5

Source Toronto Regional Real Estate Board

Property Description

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 (2025) and rented for $1,900/month. 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Jeffrey Sefton

Jeffrey Sefton

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514 KRUG STREET