39
  • X12388748
  • MLS® Number
  • Property Type
  • Triplex, Residential
  • Acres
  • Land Area
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • Sqft
  • Area Size

514 Krug Street, Kitchener, ON N2B 1L6

  • $949,900

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. 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.

Details

MLS® Number X12388748
5 Bedrooms
3 Bathrooms
Updated on November 11, 2025 at 5:39 pm

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Waterloo
  • Property Type: Residential
  • Pool: None
  • Parking: Available,Private,Reserved/Assigned
  • Architectural Style: 2-Storey

Address

  • Address: 514 Krug Street
  • City: Kitchener
  • State/county: ON
  • Zip/Postal Code: N2B 1L6

Contact Information

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