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$965,000
514 KRUG STREET
Kitchener, Ontario, Ontario, N2B1L6
MLS® Number: X12175797
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 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.
Building information
Type
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Age
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Amenities
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Appliances
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Basement Features
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Basement Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Flat
Bathroom
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Bedroom 2
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Bedroom
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Kitchen
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Living room
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Basement
Kitchen
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Living room
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Second level
Bathroom
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Bedroom 2
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Bedroom
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Kitchen
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Living room
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Courtesy of PSR
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