ON > Kitchener
Kitchener, ON N2B 1L6,524 Krug ST
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Kitchener, ON N2B 1L6,524 Krug ST
Kitchener, ON N2B 1L6,524 Krug ST
Kitchener, ON N2B 1L6,524 Krug ST
Kitchener, ON N2B 1L6,524 Krug ST
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Daniel Dyrda

Daniel Dyrda

+1(905) 616-8922
$ 949,900
Est. payment /mo
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Active

524 Krug ST Kitchener, ON N2B 1L6

5 Beds

3 Baths

UPDATED:

03/05/2025 08:42 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12002813

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,893

Tax Year 2024

Property Sub-Type Triplex

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 incredible potential for investors or owner-occupiers. Ideally located just minutes from the expressway and less than ten minutes to Downtown Kitchener, this property combines convenience and value. Situated on an oversized 53' x 163' lot, this triplex features three separately metered units, including one one-bedroom unit and two two-bedroom units, all in excellent condition. The vacant upper unit has been refreshed in 2025, featuring updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout. The property has benefited from several improvements over the years, including a roof replacement in 2014, an updated furnace, vinyl windows, and upgraded eaves. The lower unit features above-grade windows, creating a bright and welcoming living space. The spacious lot also presents potential for an accessory dwelling unit (ADU), offering an excellent opportunity to maximize future returns. Additional highlights include a commercial coin-operated laundry system and ample private parking. With the upper two-bedroom unit now vacant, buyers have the flexibility to set new market rent or move in and enjoy homeownership while generating rental income. Don't miss this outstanding investment opportunity in a prime location!

Location

Province ON

County Waterloo

Area Waterloo

Zoning R5

Rooms

Family Room No

Basement Finished, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions 3 fridges, 3 stoves, 1 washer and 1 dryer (coin operated)

Exterior

Exterior Feature Porch, Privacy, Porch Enclosed

Pool None

Roof Type Asphalt Shingle

Lot Frontage 53.5

Lot Depth 162.0

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

Virtual Tour https://unbranded.youriguide.com/524_krug_st_kitchener_on/

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
agent

Daniel Dyrda

Agent

+1(905) 616-8922

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524 Krug ST