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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: X12175797
4 + 1
Bedrooms
3
Bathrooms
1500 - 2000
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. (40548309)

Location Description

River Rd. E. to Krug St.

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
53.5 x 176.2 FT ; 53.50FT X 176.19FT X 52.01FT X 187.09 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$4,887.66
Parking Type
No Garage
Time on REALTOR.ca
31 days

Building

Bedrooms
Above Grade
4
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Stove, Washer, Refrigerator
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Foundation Type
Concrete
Building Amenities
Separate Electricity Meters
Rental Equipment
Water Heater
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water, Unknown
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Park, Public Transit, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
7

Measurements

Square Footage
1500 - 2000 sqft

Rooms

Second level
Living room
Kitchen
Bedroom
Bedroom 2
Bathroom
Basement
Living room
Kitchen
Flat
Living room
Kitchen
Bedroom
Bedroom 2
Bathroom

Land

Lot Features
Frontage
53 ft ,6 in
Land Depth
176 ft ,2 in
Other Property Information
Zoning Description
RES-5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
VONGDEUANE KENNEDY
Broker
416-360-0688
Email
Book showing
PSR
Brokerage
625 KING STREET WEST
TORONTO, Ontario M5V1M5
416-360-0688
416-360-0687

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VONGDEUANE KENNEDY