Quick Summary
Quick Summary
- Prime investment opportunity in desirable location
- Oversized 53' x 163' lot with expansion potential
- Three separately metered units in great condition
- Recent updates including roof, furnace, and windows
- Bright and appealing lower unit with above-grade windows
- Commercial coin-operated laundry system for convenience
- Ample private parking for tenants and owners
- Vacant upper unit offers flexibility for new market rent
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,... Show More
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:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Bedroom
10′4″ x 11′5″
Bedroom 2
10′3″ x 11′3″
Bathroom
4′11″ x 7′11″
Kitchen
8′11″ x 12′2″
Living room
11′8″ x 23′3″
Dining room
11′7″ x 7′1″
Book A Private Showing
For Sale Nearby
Sold Nearby
- 5
- 3
- 5
- 2
- 4
- 2
- 3,500 - 5,000 Sq. Ft.
- 6
- 3
- 700 - 1,100 Sq. Ft.
- 2
- 2
- 3
- 2
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 3
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.