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Rosemount
514 KRUG Street
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514 KRUG Street $965,000
$965,000
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514 KRUG Street
Kitchener, Ontario N2B1L6

MLS® Number: 40733752
5
Bedrooms
3
Bathrooms
2630
Square Feet

Listing 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 and vacant, ideal for market rent or owner occupancy. 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. (69105667)

Location Description

River Rd E to Krug St.

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2630 sqft
Subdivision Name
224 - Heritage Park/Rosemount
Title
Freehold
Land Size
under 1/2 acre
Built in
1957
Annual Property Taxes
$4,887.66
Total Parking Spaces
7
Time on REALTOR.ca
31 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Block
Rental Equipment
Water Heater
Structures
Shed
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Park, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
7

Measurements

Square Footage
2630 sqft
Above Grade Finished
1942 sqft
Source: Other
Below Grade Finished
688 sqft
Source: Other

Land

Lot Features
Frontage
54 ft
Land Depth
176 ft
Other Property Information
Zoning Description
RES-5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
416-360-0688
Email
Book showing
PSR
6-180 Shearson Cres
Cambridge, Ontario N1T1P4
416-360-0688
Office Website

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