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Property at 514 KRUG STREET image 1
Property at 514 KRUG STREET image 2
Property at 514 KRUG STREET image 3
Property at 514 KRUG STREET image 4
Property at 514 KRUG STREET image 5
50

$965,000

514 KRUG STREET
Kitchener, Ontario, Ontario, N2B1L6

MLS® Number: X12175797
Listed 59 days ago
5 3

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 and vacant, ideal for market rent or owner occupancy. 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.

Building information

Type

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Age

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Amenities

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Appliances

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Basement Features

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Basement Type

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Exterior Finish

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Foundation Type

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Heating Fuel

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Heating Type

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Size Interior

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Stories Total

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Utility Water

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Land information

Amenities

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Sewer

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Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Rooms

Flat

Bathroom

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Bedroom 2

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Bedroom

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Kitchen

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Living room

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Basement

Kitchen

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Living room

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Second level

Bathroom

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Bedroom 2

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Bedroom

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Kitchen

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Living room

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Flat

Bathroom

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Bedroom 2

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Bedroom

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Kitchen

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Living room

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Basement

Kitchen

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Living room

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Second level

Bathroom

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Bedroom 2

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Bedroom

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Kitchen

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Living room

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Flat

Bathroom

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Bedroom 2

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Bedroom

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Kitchen

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Living room

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Basement

Kitchen

*****

Living room

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Second level

Bathroom

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Bedroom 2

*****

Bedroom

*****

Kitchen

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Living room

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Courtesy of PSR

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