About 514 Krug Street
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 (2025) and rented for $1,900/month. 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.
Features of 514 Krug Street
| MLS® # | X12388748 |
|---|---|
| Price | $949,900 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 1,500 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 514 Krug Street |
|---|---|
| Area | Waterloo |
| City | Kitchener |
| Province | ON |
| Postal Code | N2B 1L6 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Apartment, Separate Entrance |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | PSR |
|---|