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Home ON Kitchener - Cambridge - Waterloo Kitchener Rosemount
524 KRUG STREET
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524 KRUG STREET $929,900
$929,900
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524 KRUG STREET
Kitchener, Ontario N2B1L6

MLS® Number: X12002813
4 + 1
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing 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. (39988575)

Location Description

River Rd

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
53.5 x 162 FT ; 162.32ftx11.53ftx42.26ftx169.14ftx53.5
Age Of Building
51 to 99 years
Annual Property Taxes
$5,893.19
Parking Type
No Garage
Time on REALTOR.ca
114 days

Building

Bedrooms
Above Grade
4
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Stove, Washer, Refrigerator
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Foundation Type
Concrete
Building Amenities
Separate Electricity Meters
Rental Equipment
Water Heater
Structures
Porch
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Primary Bedroom
Bathroom
Bedroom
Kitchen
Living room
Second level
Bathroom
Bedroom
Dining room
Kitchen
Living room
Primary Bedroom
Lower level
Bathroom
Bedroom
Kitchen
Living room
Laundry room

Land

Lot Features
Frontage
53 ft ,6 in
Land Depth
162 ft
Other Property Information
Zoning Description
R5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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