524 Krug Street Kitchener, Ontario N2B 1L6
MLS# 40681440 - Buy this house, and I'll buy Yours*

$965,000

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:51158)

Property Details

MLS® Number	40681440
Property Type	Single Family
Amenities Near By	Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features	Community Centre
Equipment Type	Water Heater
Features	Southern Exposure, Conservation/green Belt, Paved Driveway, Laundry- Coin Operated
Parking Space Total	4
Rental Equipment Type	Water Heater
Structure	Porch

About 524 Krug Street, Kitchener, Ontario

This For sale Property is located at 524 Krug Street is a Detached Single Family House 2 Level, in the City of Kitchener. Nearby amenities include - Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping. This Detached Single Family has a total of 5 bedroom(s), and a total of 3 bath(s) . 524 Krug Street has Forced air heating and None. This house features a Fireplace.

The Second level includes the Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom, 4pc Bathroom, The Basement includes the Laundry Room, Living Room, Kitchen, Bedroom, 4pc Bathroom, The Main level includes the Primary Bedroom, Living Room, Kitchen, Bedroom, 4pc Bathroom, The Basement is Finished.

This Kitchener House's exterior is finished with Brick Veneer

The Current price for the property located at 524 Krug Street, Kitchener is $965,000 and was listed on MLS on :2024-11-27 15:46:22

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Below Ground	1
Bedrooms Total	5
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
Size Interior	2879 Sqft
Type	House
Utility Water	Municipal Water

Land

Access Type	Highway Access
Acreage	No
Land Amenities	Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	162 Ft
Size Frontage	54 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R5

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Primary Bedroom			11'6'' x 10'5''
Second Level	Living Room			16'3'' x 11'7''
Second Level	Kitchen			12'2'' x 9'0''
Second Level	Dining Room			7'1'' x 11'7''
Second Level	Bedroom			11'6'' x 10'5''
Second Level	4pc Bathroom			8'1'' x 4'11''
Basement	Laundry Room			10'2'' x 11'7''
Basement	Living Room			11'11'' x 20'7''
Basement	Kitchen			12'0'' x 14'4''
Basement	Bedroom			10'4'' x 13'0''
Basement	4pc Bathroom			Measurements not available
Main Level	Primary Bedroom			11'5'' x 10'4''
Main Level	Living Room			23'3'' x 9'0''
Main Level	Kitchen			12'3'' x 9'0''
Main Level	Bedroom			11'4'' x 10'4''
Main Level	4pc Bathroom			7'11'' x 4'11''

https://www.realtor.ca/real-estate/27687773/524-krug-street-kitchener