2 days on Market

524 Krug St, Kitchener, Ontario N2B 1L6

Townhouse
-
3
~2879 sqft
$965,000
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Townhouse
-
3
~2879 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$335/sqft

Est. Mortgage$4,144/mo

Tax Amount (2024)$5,893/yr

Days On Market2 days


Description

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!


Property Details

StyleResidential Income
View-
Age of property1957
SqFt~2879 SqFt
Lot Size8,667 SqFt(162 x 53.5)
Parking Spaces4
MLS ®Number40681541
Community NameRosemount
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Basement: Separate Entrance, Full, Finished

Features

Lot size: 8,667 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$965,000Active
2 days on market
Listing by itso®
history photo preview40
Now
ListedFor Salefor$965,000Active
2 days on market
Listing by itso®
history photo preview42
ListedFor Salefor$999,900Expired
Stayed 102 days on market
Listing by itso®
history photo preview42
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Property listed by Chestnut Park Realty Southwestern Ontario Limited, Brokerage

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