$949,900
Available - For Sale
Listing ID: X12388748
514 Krug Stre , Kitchener, N2B 1L6, Waterloo
| 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. |
| Price | $949,900 |
| Taxes: | $5209.57 |
| Occupancy: | Tenant |
| Address: | 514 Krug Stre , Kitchener, N2B 1L6, Waterloo |
| Directions/Cross Streets: | River Rd. |
| Rooms: | 10 |
| Rooms +: | 4 |
| Bedrooms: | 4 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Apartment, Separate Ent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Main |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Basement |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 7 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Hospital, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $5,209.57 |
| Beds: | 4+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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