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Rosemount
524 KRUG STREET
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524 KRUG STREET $965,000
$965,000
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524 KRUG STREET
Kitchener, Ontario N2B1L6

MLS® Number: X11586469
4 + 1
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing 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! (39283589)

Location Description

River Rd. E to Krug St.

Property Summary

Property Type
Single Family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
53.5 x 162 FT ; 162.32ftx11.53ft x42.26ft x169.14ftx53.5|under 1/2 acre
Annual Property Taxes
$5,893.19
Total Parking Spaces
4
Time on REALTOR.ca
22 days

Building

Bedrooms
Above Grade
4
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Features
Flat site
Foundation Type
Poured Concrete
Fire Protection
Controlled entry, Smoke Detectors
Building Amenities
Separate Electricity Meters
Rental Equipment
Water Heater - Gas
Structures
Porch, Shed
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit
Parking
Total Parking Spaces
4

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Second level
Bedroom
Bedroom 2
Bathroom
Kitchen
Living room
Third level
Dining room
Bedroom
Bedroom 2
Bathroom
Kitchen
Living room
Basement
Laundry room

Land

Lot Features
Frontage
53 ft ,6 in
Land Depth
162 ft
View
City view
Other Property Information
Zoning Description
R5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
NICOLE ASHLEY PROKOPOWICZ
Salesperson
519-496-0700
REALTOR® Website
Email
Book showing
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Brokerage
75 KING ST SOUTH #50A
WATERLOO, Ontario N2J1P2
519-804-7200

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NICOLE ASHLEY PROKOPOWICZ