Delbert Williams

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514 KRUG STREET, Kitchener, Ontario

$965,000

5 Beds
3 Baths

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. (id:23309)

Listing ID: X12175797
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Living room	Second level	Measurements not available
Kitchen	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Bedroom 2	Second level	Measurements not available
Bathroom	Second level	Measurements not available
Living room	Basement	Measurements not available
Kitchen	Basement	Measurements not available
Living room	Flat	Measurements not available
Kitchen	Flat	Measurements not available
Bedroom	Flat	Measurements not available
Bedroom 2	Flat	Measurements not available
Bathroom	Flat	Measurements not available

Details

Amenities Nearby: Hospital, Park, Public Transit, Schools
Equipment: Water Heater
Parking Spaces: 7
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: RES-5

Building

Amenities: Separate Electricity Meters
Appliances: Dryer, Stove, Washer, Refrigerator
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 1
Exterior Finish: Brick
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water, Unknown

Land

Amenities: Hospital, Park, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 53 ft ,6 in
Size Irregular: 53.5 x 176.2 FT ; 53.50FT X 176.19FT X 52.01FT X 187.09 FT

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 514 KRUG STREET in Kitchener Ontario. It was last modified on May 28th, 2025. Contact Delbert Williams to schedule a viewing or to discover other Kitchener real estate for sale.

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