524 Krug Street Kitchener, Ontario N2B 1L6
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Nicole Ashley Prokopowicz
Salesperson
75 King St South #50a
Waterloo, Ontario N2J 1P2
$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:58576)
Property Details
| MLS® Number | X11586469 |
| Property Type | Single Family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Public Transit |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater - Gas |
| Features | Flat Site |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater - Gas |
| Structure | Porch, Shed |
| ViewType | City View |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished) |
| ExteriorFinish | Brick |
| FireProtection | Controlled Entry, Smoke Detectors |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1499.9875 - 1999.983 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 162 Ft |
| SizeFrontage | 53 Ft ,6 In |
| SizeIrregular | 53.5 X 162 Ft ; 162.32ftx11.53ft X42.26ft X169.14ftx53.5 |
| SizeTotalText | 53.5 X 162 Ft ; 162.32ftx11.53ft X42.26ft X169.14ftx53.5|under 1/2 Acre |
| ZoningDescription | R5 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.48 m | 3.16 m | 3.48 m x 3.16 m |
| Second Level | Bedroom 2 | 3.45 m | 3.14 m | 3.45 m x 3.14 m |
| Second Level | Bathroom | 2.42 m | 1.5 m | 2.42 m x 1.5 m |
| Second Level | Kitchen | 3.73 m | 2.74 m | 3.73 m x 2.74 m |
| Second Level | Living Room | 7.1 m | 3.56 m | 7.1 m x 3.56 m |
| Third Level | Dining Room | 2.17 m | 3.54 m | 2.17 m x 3.54 m |
| Third Level | Bedroom | 3.5 m | 3.17 m | 3.5 m x 3.17 m |
| Third Level | Bedroom 2 | 3.51 m | 3.17 m | 3.51 m x 3.17 m |
| Third Level | Bathroom | 2.45 m | 1.5 m | 2.45 m x 1.5 m |
| Third Level | Kitchen | 3.7 m | 2.75 m | 3.7 m x 2.75 m |
| Third Level | Living Room | 4.96 m | 3.54 m | 4.96 m x 3.54 m |
| Basement | Laundry Room | 3.1 m | 3.52 m | 3.1 m x 3.52 m |
https://www.realtor.ca/real-estate/27697120/524-krug-street-kitchener
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November 29 2024 09:37:20
Toronto Real Estate Board
Chestnut Park Realty(Southwestern Ontario) Ltd
Why Sell With Dharm Gill?
Selling your home with Dharm Gill means leveraging expert market knowledge, personalized marketing strategies, and dedicated support to ensure you get the best value. Dharm Gill’s commitment to excellence and client-focused approach guarantees a seamless and successful selling experience.
