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524 KRUG Street, Kitchener, Ontario, N2B 1L6

MLS® # 40681541
Investment For Sale In Rosemount, Kitchener, Ontario
$965,000
524 Krug Street, Kitchener, ON - Outdoor
View of side of home featuring a yard - 524 Krug Street, Kitchener, ON - Outdoor With Exterior
Floor plan - 524 Krug Street, Kitchener, ON - Other
Plan - 524 Krug Street, Kitchener, ON - Other
Floor plan - 524 Krug Street, Kitchener, ON - Other
View of exterior entry - 524 Krug Street, Kitchener, ON - Outdoor With Exterior
Living room with wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor
Living room with wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Living room with light wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Office area featuring light wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Office
Kitchen with a textured ceiling, white cabinets, light hardwood / wood-style floors, and white appliances - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
Kitchen featuring light hardwood / wood-style floors, white cabinetry, white appliances, and exhaust hood - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
524 Krug Street, Kitchener, ON -  With Exterior
Corridor featuring light hardwood / wood-style flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Bedroom with hardwood / wood-style floors - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
Bedroom featuring light wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor
Full bathroom with tile patterned floors, vanity, shower / bath combination with curtain, and toilet - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bathroom
Stairs featuring tile patterned flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Living room featuring light hardwood / wood-style floors - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Dining room featuring wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Living room featuring light hardwood / wood-style flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Kitchen with light wood-type flooring, dark brown cabinetry, white range with electric stovetop, and sink - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
Kitchen with dark brown cabinetry, sink, light hardwood / wood-style floors, and white appliances - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
524 Krug Street, Kitchener, ON -  With Exterior
View of carpeted bedroom - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
View of carpeted bedroom - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
Full bathroom with hardwood / wood-style floors, shower / bath combo, toilet, and vanity - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bathroom
Corridor with light colored carpet - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Hallway featuring light hardwood / wood-style flooring - 524 Krug Street, Kitchener, ON - Indoor
Tiled office with a textured ceiling - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Office
Tiled bedroom with multiple windows and a textured ceiling - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
View of tiled office - 524 Krug Street, Kitchener, ON - Indoor
Kitchen featuring white appliances, white cabinets, a textured ceiling, light hardwood / wood-style floors, and kitchen peninsula - 524 Krug Street, Kitchener, ON - Indoor
View of carpeted office space - 524 Krug Street, Kitchener, ON - Indoor
Full bathroom with shower / tub combination, vanity, and toilet - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bathroom
Clothes washing area featuring light tile patterned floors and washer and dryer - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Laundry Room
View of side of home featuring a lawn - 524 Krug Street, Kitchener, ON - Outdoor
524 Krug Street, Kitchener, ON - Outdoor
View of yard - 524 Krug Street, Kitchener, ON - Outdoor With Backyard
View of side of home - 524 Krug Street, Kitchener, ON - Outdoor
Virtual Tour
524 Krug Street, Kitchener, ON  - Outdoor
View of side of home featuring a yard - 524 Krug Street, Kitchener, ON  - Outdoor With Exterior
Floor plan - 524 Krug Street, Kitchener, ON  - Other
Plan - 524 Krug Street, Kitchener, ON  - Other
Floor plan - 524 Krug Street, Kitchener, ON - Other
View of exterior entry - 524 Krug Street, Kitchener, ON - Outdoor With Exterior
Living room with wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor
Living room with wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Living room with light wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Office area featuring light wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Office
Kitchen with a textured ceiling, white cabinets, light hardwood / wood-style floors, and white appliances - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
Kitchen featuring light hardwood / wood-style floors, white cabinetry, white appliances, and exhaust hood - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
524 Krug Street, Kitchener, ON -  With Exterior
Corridor featuring light hardwood / wood-style flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Bedroom with hardwood / wood-style floors - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
Bedroom featuring light wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor
Full bathroom with tile patterned floors, vanity, shower / bath combination with curtain, and toilet - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bathroom
Stairs featuring tile patterned flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Living room featuring light hardwood / wood-style floors - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Dining room featuring wood-type flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Living room featuring light hardwood / wood-style flooring - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Living Room
Kitchen with light wood-type flooring, dark brown cabinetry, white range with electric stovetop, and sink - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
Kitchen with dark brown cabinetry, sink, light hardwood / wood-style floors, and white appliances - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Kitchen
524 Krug Street, Kitchener, ON -  With Exterior
View of carpeted bedroom - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
View of carpeted bedroom - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
Full bathroom with hardwood / wood-style floors, shower / bath combo, toilet, and vanity - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bathroom
Corridor with light colored carpet - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Other Room
Hallway featuring light hardwood / wood-style flooring - 524 Krug Street, Kitchener, ON - Indoor
Tiled office with a textured ceiling - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Office
Tiled bedroom with multiple windows and a textured ceiling - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bedroom
View of tiled office - 524 Krug Street, Kitchener, ON - Indoor
Kitchen featuring white appliances, white cabinets, a textured ceiling, light hardwood / wood-style floors, and kitchen peninsula - 524 Krug Street, Kitchener, ON - Indoor
View of carpeted office space - 524 Krug Street, Kitchener, ON - Indoor
Full bathroom with shower / tub combination, vanity, and toilet - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Bathroom
Clothes washing area featuring light tile patterned floors and washer and dryer - 524 Krug Street, Kitchener, ON - Indoor Photo Showing Laundry Room
View of side of home featuring a lawn - 524 Krug Street, Kitchener, ON - Outdoor
524 Krug Street, Kitchener, ON - Outdoor
View of yard - 524 Krug Street, Kitchener, ON - Outdoor With Backyard
View of side of home - 524 Krug Street, Kitchener, ON - Outdoor
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524 KRUG Street, Kitchener, Ontario, N2B 1L6
$965,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish:
  • Fire Protection: Unknown
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Access Type: Highway access
  • Amenities Nearby: Golf Nearby, Hospital, Park, Playground, Public Transit, Schools, Shopping
  • Built in: 1957
  • Community Features: Community Centre
  • Features: Southern exposure, Conservation/green belt, Paved driveway, Laundry- Coin operated
  • Lot Depth: 162.0 Feet
  • Lot Frontage: 54.0 Feet
  • Structure Type: Porch
  • Zoning: R5
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

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Location of 524 KRUG Street, Kitchener, Ontario, N2B 1L6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 524 KRUG Street , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 524 KRUG Street , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 524 KRUG Street, Kitchener, Ontario, N2B 1L6

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$114,730.52

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.84 %

High school certificate or equivalent

30.49 %

Apprenticeship trade certificate/diploma

8.16 %

College/non-university certificate

21.24 %

University certificate (below bachelor)

1.3 %

University Degree

20.96 %

Commuter

Travel To Work

By Car

90.78 %

By Public Transit

1.7 %

By Walking

4.44 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.99 %

Houses

80.01 %

Own Vs. Rent