524 KRUG Street Kitchener

524 KRUG Street, Kitchener, Ontario

$929,900

  • 5 Beds
  • 3 Baths
  • 2,879 Square Feet

Welcome to 524 Krug Street, a well-maintained legal triplex offering incredible potential for investors or owner-occupiers. Ideally located just minutes from the expressway and less than ten minutes to Downtown Kitchener, this property combines convenience, value, and long-term growth opportunity. Zoned RES-5, it sits on an oversized 53' x 163' lot and features three separately metered units—one one-bedroom and two two-bedroom units—all in excellent condition. The upper two-bedroom unit was refreshed in 2025 with updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout, and is now leased. The common areas were also updated with new flooring, paint, and lighting (2025). Over the years, the property has seen several important improvements, including a furnace (2007), roof (2014), vinyl windows (approx. 2008/09), water heater (2019), and soffit, fascia, and eavestroughs (approx. 2011). The lower unit features above-grade windows, offering a bright and welcoming living space. The large lot also presents potential for an accessory dwelling unit (ADU), providing an excellent opportunity to further increase rental income. Additional highlights include a commercial coin-operated laundry system and ample private parking. Don’t miss this outstanding investment opportunity in a prime Kitchener location. (id:23309)

  • Listing ID: 40703657
  • Property Type: Multi-family
  • Year Built: 1957

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Details

  • Amenities Nearby: Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: Community Centre
  • Equipment: Water Heater
  • Features: Southern exposure, Conservation/green belt, Paved driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Structure: Shed, Porch
  • Transaction: For sale
  • Zoning Description: RES - 5

Building

  • Appliances: Water softener
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1957
  • Cooling: None
  • Exterior Finish: Brick Veneer
  • Fireplace Present: False
  • Fire Protection: Unknown
  • Foundation: Poured Concrete
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2879 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 54 ft

This property for sale is located at 524 KRUG Street in Kitchener. It was last modified on May 28th 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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