For Sale

524 KRUG Street, Kitchener, Ontario N2B1L6

$965,000

524 KRUG Street, Kitchener, Ontario N2B1L6 is For Sale and has a listing price of 965,000. The property is located in the Rosemount neighbourhood. It's been on the website for 6 Days.

  • Multi-family
    Property Type
  • Triplex
    Building Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • 4
    Parking Spaces
  • MLS ID: 40681541
  • Office Name Chestnut Park Realty Southwestern Ontario Limited,
Property Description

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 becoming vacant on February 1, 2025, this property offers immediate flexibility for setting new market rent for this unit or owner-occupancy. Contact us today to schedule your private showing and take advantage of this exceptional investment opportunity! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 5
  • MLS ID: 40681541
  • Bathrooms: 3
  • Price: $965,000
  • Transaction Types: For Sale
  • Ref ID: 27688224
  • Year Built: N/A
  • Building Type: Triplex
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
11/28/2024 X11586469 $965,000 For Sale - -
11/27/2024 40681440 $965,000 For Sale - -
11/27/2024 40681541 $965,000 For Sale - -
08/06/2024 40629787 $999,900 For Sale - -
08/06/2024 40629776 $999,900 For Sale - -
06/05/2024 40600969 $999,900 For Sale - -
06/05/2024 40601061 $999,900 For Sale - -
04/05/2024 X8207260 Expired 07/05/2024 -
04/05/2024 40566972 $1,050,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Rosemount
  • $863,103 Average List Price
    based on 1 year
  • 14 New Listings
    based on 30 days
  • 18 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.35 % Below
  • Sold (12mo) 16
  • Rented (12mo) 3

  • 1 Month Change -14.1%
  • 3 Month Change -38.1%
  • 6 Month Change -2.0%
Walkscore
Property Type Distribution
  • All Houses
    89.31%
  • Commercial
    8.28%
  • Condo
    2.41%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick Veneer
  • Cooling System None
  • Total Parking Spaces: 4
  • Property Features Conservation/green Belt, Paved Driveway, Southern Exposure, Laundry- Coin Operated
  • Fireplace False
  • Security Unknown
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/11/2024 00:00:00
  • Zoning R.3a
  • Agent Name: Nicole Ashley Prokopowicz,William Prokopowicz
  • Address Subdivision: 224 - Heritage Park/Rosemount
  • Last Updated: 27/11/2024 17:07:15
Open House Dates
  • 1. 07/12/2024 (Start time: 10:30 AM - End time: 12:00 PM)
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