
514 KRUG STREET, Kitchener, Ontario
$965,000
- 5 Beds
- 3 Baths
- 1,750 Square Feet
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. (id:23309)
- Listing ID: X12175797
- Property Type: Multi-family
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This property for sale is located at 514 KRUG STREET in Kitchener. It was last modified on May 27th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Kitchener properties for sale.
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