4 Beds 3 Bath

514 Krug Street, Kitchener, ON N2B 1L6

Kitchener N2B 1L6 Ontario

MLS: X12672866

$949,900

Added 1 day ago | For Sale

Listed by: PSR

About Property

Investor Alert! Triplex With Development Potential! This Property Is Zoned RES-5, Offering Excellent Potential To Add More Units On The Massive 53Ft x 176 Ft 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 + Hydro. Rents Are Plus Hydro. The Middle Unit Is Currently Rented At $1,800/Month + Hydro. 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.

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 53.5 X 176.19
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:River Rd.
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:IMMED W/ TENANTS
  • Annual Property taxes: $5209.57
  • Bedrooms:4 +1
  • Total Parking Spaces:7
  • Parking Places:7
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12672866

Level Type Features Dimensions
Flat Living Room 0 ft x 0 ft
Kitchen 0 ft x 0 ft
Bedroom 0 ft x 0 ft
Bedroom 2 0 ft x 0 ft
Bathroom 4 Pc Bath 0 ft x 0 ft
Second Living Room 0 ft x 0 ft
Kitchen 0 ft x 0 ft
Bedroom 0 ft x 0 ft
Bedroom 2 0 ft x 0 ft
Bathroom 4 Pc Bath 0 ft x 0 ft
Basement Living Room 0 ft x 0 ft
Kitchen 0 ft x 0 ft
Bedroom 0 ft x 0 ft
Bathroom 4 Pc Bath 0 ft x 0 ft

No property rooms available.

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