Homes for sale - 524 Krug ST, Waterloo, ON N2B 1L6

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Jennifer Van Geytenbeek

jennifer@paulnusca.com +1(416) 567-1274

$ 965,000

Est. payment | -/mo

5 Beds

3 Baths

Save Virtual Tour

$ 965,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X11586469

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,893

Tax Year 2024

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!

Location

Province ON

County Waterloo

Area Waterloo

Zoning R5

Rooms

Family Room Yes

Basement Separate Entrance, Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions 3 fridges, 3 stoves, 1 washer and 1 dryer (coin operated)

Exterior

Exterior Feature Awnings, Controlled Entry, Porch

Parking Features Private

Garage Spaces 4.0

Pool None

View City

Roof Type Asphalt Shingle

Lot Frontage 53.5

Lot Depth 162.0

Total Parking Spaces 4

Building

Foundation Poured Concrete

Others

Security Features Smoke Detector

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 567-1274

jennifer@paulnusca.com

524 Krug ST Waterloo, ON N2B 1L6