$929,900
 $4,992 est/mo Sourced by Back At You

524 Krug Street,Kitchener, ON N2B1L6

Kitchener, ON N2B1L6

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Description

Welcome to 524 Krug Street, a well-maintained legal triplex offering incredible potential for investors or owner-occupiers. Ideally located just minutes from the expressway and less than ten minutes to Downtown Kitchener, this property combines convenience, value, and long-term growth opportunity. Zoned RES-5, it sits on an oversized 53' x 163' lot and features three separately metered unitsone one-bedroom and two two-bedroom unitsall in excellent condition. The upper two-bedroom unit was refreshed in 2025 with updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout, and is now leased. The common areas were also updated with new flooring, paint, and lighting (2025). Over the years, the property has seen several important improvements, including a furnace (2007), roof (2014), vinyl windows (approx. 2008/09), water heater (2019), and soffit, fascia, and eavestroughs (approx. 2011). The lower unit features above-grade windows, offering a bright and welcoming living space. The large lot also presents potential for an accessory dwelling unit (ADU), providing an excellent opportunity to further increase rental income. Additional highlights include a commercial coin-operated laundry system and ample private parking. Don’t miss this outstanding investment opportunity in a prime Kitchener location. (id:13843)

Details

MLS #40703657
Listing TypeFor Sale
StyleTown House
StatusActive
Year1957
Days On Site136
Listing Provided ByChestnut Park Realty Southwestern Ontario Limited | Nicole Prokopowicz

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,879
BasementY
Story(s)2
Units3
ZoningRES - 5

Taxes

Property4352

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The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.

Contact

Learn More About This Property

Cory Spence

Cory Spence

Sutton Group - Masters Realty Inc., Brokerage

 (613) 561-5530
ProvinceON
CityKitchener
Postal CodeN2B1L6
Community Name224 Heritage Park/Rosemount
Listing VS Median (in 224 Heritage Park/Rosemount)
Price:
$929,900
low | high
Med:
$599,900
85.487686848048% of Average
SqFt:
2,879
low | high
Med:
1,674
91.854810698159% of Average
$ / SqFt:
$323
low | high
Med:
$358
39.049611968656% of Average
On site:
136
low | high
Med:
5.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $697K - $1.162M
SqFt: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
135 ISLINGTON Avenue Property Photo 1
$889,900
135 Islington Avenue
Kitchener, ON N2B1P6
Listing Updated: May 29, 2025 at 1:00:41 PM PDT
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Cory Spence  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 ARLINGTON PARK PL, Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.
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