ON > Kitchener
Kitchener, ON N2B 1L6,524 Krug ST
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Kitchener, ON N2B 1L6,524 Krug ST
Kitchener, ON N2B 1L6,524 Krug ST
Kitchener, ON N2B 1L6,524 Krug ST
Kitchener, ON N2B 1L6,524 Krug ST
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David Rizzuto

David Rizzuto

+1(647) 643-3283
$ 929,900
Est. payment /mo
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524 Krug ST Kitchener, ON N2B 1L6

5 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12002813

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $5,893

Tax Year 2024

Property Sub-Type Triplex

Property Description

Welcome to 524 Krug Street, a well-maintained legal triplex offering incredible potential for investors or owner-occupiers. Ideally located just minutes from the expressway and less than ten minutes to Downtown Kitchener, this property combines convenience, value, and long-term growth opportunity. Zoned RES-5, it sits on an oversized 53' x 163' lot and features three separately metered unitsone one-bedroom and two two-bedroom unitsall in excellent condition. The upper two-bedroom unit was refreshed in 2025 with updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout, and is now leased. The common areas were also updated with new flooring, paint, and lighting (2025). Over the years, the property has seen several important improvements, including a furnace (2007), roof (2014), vinyl windows (approx. 2008/09), water heater (2019), and soffit, fascia, and eavestroughs (approx. 2011). The lower unit features above-grade windows, offering a bright and welcoming living space. The large lot also presents potential for an accessory dwelling unit (ADU), providing an excellent opportunity to further increase rental income. Additional highlights include a commercial coin-operated laundry system and ample private parking. Dont miss this outstanding investment opportunity in a prime Kitchener location.

Location

Province ON

County Waterloo

Area Waterloo

Zoning R5

Rooms

Family Room No

Basement Finished, Separate Entrance

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 Porch, Privacy, Porch Enclosed

Pool None

Roof Type Asphalt Shingle

Lot Frontage 53.5

Lot Depth 162.0

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

Virtual Tour https://unbranded.youriguide.com/524_krug_st_kitchener_on/

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
agent

David Rizzuto

REALTOR®

+1(647) 643-3283

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524 Krug ST

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