524 KRUG Street

Kitchener, Ontario, N2B1L6, Canada

$965,000

UPPER 2-BEDROOM UNIT NOW VACANT! 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 now vacant, this property offers immediate flexibility for setting new market rent for this unit or owner-occupancy. Take advantage of this exceptional investment opportunity!

EXTRAS: Southern exposure, Conservation/green belt, Paved driveway, Laundry- Coin operated

Virtual Tour: https://youriguide.com/524_krug_st_kitchener_on/

Last updated on : Friday 24th of January 2025 01:58:03 PM

ADDRESS

Street : 524 KRUG Street

City : Kitchener

Province : Ontario

Country : Canada

Postal Code : N2B1L6

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PROPERTY SUMMARY

Property ID : 40681541

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 3

Parking : 4

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