514 Krug St

For Sale 54 Days
$949,900
5 beds
3 baths
2,630 Sqft

514 Krug St

For Sale 54 Days
$949,900
5 beds
3 baths
2,630 Sqft

Highlights

Key insights

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 (2025) and rented for $1,900/month. Rents are plus hydro. 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.

Vongdeuane Kennedy of PSR,
MLS®#40767288
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Forced air, natural gas
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • # total stories
    2
  • Construction materials
    Brick
  • Roof
    Asphalt shing
  • Exterior features
    Balcony
  • Other structures
    Shed(s)
  • # parking spaces
    7
  • Parking desc
    Asphalt, assigned
Interior
  • # total bathrooms
    3.0
  • # of above grade bedrooms
    5
  • Appliances
    Refrigerator, stove
  • Has fireplace (y/n)
    Yes
  • Laundry information
    Coin operated, common area
  • Interior features
    Separate hydro meters
Location
  • County
    Waterloo
  • Area
    2 - kitchener east
  • Water source
    Municipal
  • Zoning description
    Res-5
  • Directions
    Wr60969
Lot/ Land Details
  • Lot desc
    Irregular lot, hospital, park, public transit, schools, shopping nearby
  • Lot dimensions
    53.5 x 176.19
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    Full, finished
  • Building size
    2630
  • Mls® #
    40767288
  • Property sub type
    Triplex
  • Status
    Active
  • Virtual tour
  • Tax year
    2025
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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