Homes for sale - 514 Krug ST, Kitchener, ON N2B 1L6

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Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 965,000

Est. payment | -/mo

5 Beds

3 Baths

Save Virtual Tour

$ 965,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12175797

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $4,887

Tax Year 2024

Property Sub-Type Triplex

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 and vacant, ideal for market rent or owner occupancy. 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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 53.5

Lot Depth 176.19

Total Parking Spaces 7

Building

Unit Features Hospital,Park,Public Transit,School

Foundation Concrete

Others

Virtual Tour https://estatefilmz.seehouseat.com/2327702?idx=1

Listed by PSR

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 998-5478

ruth@rpdrealestate.com

514 Krug ST Kitchener, ON N2B 1L6