514 Krug ST Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2B 1L6
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
State 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#!/