ON > Kitchener
Kitchener, ON N2B 1L6,514 Krug ST
Kitchener, ON N2B 1L6,514 Krug ST
Kitchener, ON N2B 1L6,514 Krug ST
40
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$949,900
Est. payment /mo
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5 Beds
3 Baths
Active

514 Krug ST Kitchener, ON N2B 1L6

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Nisha K Pawa

Nisha K Pawa

+1(416) 894-7948

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12388748

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,209

Tax Year 2025

Property Sub-Type Triplex

Property Description

Investor Alert! Triplex with Development Potential! This property is zoned RES-5, offering excellent potential to add more units on the massive 53FT x 176FT deep lot (drawing for a proposed 4-unit build with parking plan available). The property is separately metered, well maintained and offers 2 x 2 beds, 1 x 1 bed and plenty of parking. The upper unit is beautifully renovated (2025) and rented for $1,900/month. The middle unit is currently rented at $1,800/month. All tenants are in good standing with no open claims. Updates include: furnace (2021), hot water tank (2019), driveway (2013), roof (2010), and windows (2003). Conveniently located across from a shopping plaza and close to Stanley Park Conservation Area, Walter Bean Trail, Idlewood Pool, splash pads, schools, transit, and major highways. A solid portfolio addition with long-term upside.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Water Heater, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Available, Private, Reserved/Assigned

Pool None

Roof Type Asphalt Shingle

Lot Frontage 53.5

Lot Depth 176.19

Total Parking Spaces 7

Building

Building Age 51-99

Unit Features Hospital,Park,Public Transit,School

Foundation Concrete

Others

ParcelsYN No

Virtual Tour https://estatefilmz.seehouseat.com/public/vtour/display/2327702?idx=1#!/

Listed by PSR

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Nisha K Pawa

Nisha K Pawa

+1(416) 894-7948

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514 Krug ST