524 KRUG STREET, Kitchener, Ontario, N2B 1L6

$965,000

MLS® # X11586469

House For Sale In Rosemount, Kitchener, Ontario

$965,000

  • 4+1

    Bedrooms

  • 3

    Baths

  • 53.5 x 162 FT ; 162.32ftx11.53ft x42.26ft x169.14ftx53.5

    Lot Size

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: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Fire Protection: Controlled entry, Smoke Detectors
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Single Family
  • Bedrooms: 4+1
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Park, Public Transit
  • Community Features: Community Centre
  • Features: Flat site
  • Irregular: Yes
  • Lot Depth: 162.0 Feet
  • Lot Frontage: 53.5 Feet
  • Lot Size: 53.5 x 162 FT ; 162.32ftx11.53ft x42.26ft x169.14ftx53.5
  • Structure Type: Porch, Shed
  • View Type: City view
  • Zoning: R5
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom 2nd Level 3.48 m x 3.16 m
  • 2nd Bedroom 2nd Level 3.45 m x 3.14 m
  • Bathroom 2nd Level 2.42 m x 1.50 m
  • Kitchen 2nd Level 3.73 m x 2.74 m
  • Living 2nd Level 7.10 m x 3.56 m
  • Dining 3rd Level 2.17 m x 3.54 m
  • Bedroom 3rd Level 3.50 m x 3.17 m
  • 2nd Bedroom 3rd Level 3.51 m x 3.17 m
  • Bathroom 3rd Level 2.45 m x 1.50 m
  • Kitchen 3rd Level 3.70 m x 2.75 m
  • Living 3rd Level 4.96 m x 3.54 m
  • Laundry Basement Level 3.10 m x 3.52 m

Courtesy of: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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