UPPER UNIT 2-BEDROOM UNIT IS VACANT! 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 now vacant, 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:47421)
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Detailed Information
Bedrooms
4+1
Bathrooms
3
Lot
53.5 x 162 ft
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit
Community Features
Community Centre
Equipment
Water Heater - Gas
Features
Flat site
Listing Contract Date
2024-11-28
Location Description
River Rd. E to Krug St.
# of Parking Spaces
4
Property Type
Single Family
Rental Equipment
Water Heater - Gas
Structures
Porch, Shed
Transaction Type
For sale
Views
City view
Zoning Description
R5
Building
Amenities
Separate Electricity Meters
Appliances
Dryer, Refrigerator, Stove, Washer
Basement Development
Finished
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Exterior Finish
Brick
Fire Protection
Controlled entry, Smoke Detectors
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.48 m x 3.16 m
Bedroom 2
Second level
3.45 m x 3.14 m
Bathroom
Second level
2.42 m x 1.5 m
Kitchen
Second level
3.73 m x 2.74 m
Living room
Second level
7.1 m x 3.56 m
Dining room
Third level
2.17 m x 3.54 m
Bedroom
Third level
3.5 m x 3.17 m
Bedroom 2
Third level
3.51 m x 3.17 m
Bathroom
Third level
2.45 m x 1.5 m
Kitchen
Third level
3.7 m x 2.75 m
Living room
Third level
4.96 m x 3.54 m
Laundry room
Basement
3.1 m x 3.52 m
Land
Total Size
53.5 x 162 FT ; 162.32ftx11.53ft x42.26ft x169.14ftx53.5 | under 1/2 acre
Amenities
Hospital, Park, Place of Worship, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
53.5 x 162 FT ; 162.32ftx11.53ft x42.26ft x169.14ftx53.5
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