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524 Krug St
Kitchener | | N2B 1L6- 4 + 1
- 3
- 0
$949,900
Est. Mtg $3,220 /mo-
Days on market
28
-
Status
New
Home details
- MLS #:
X12002813
- Property type:
- Triplex
- Style:
- 2-Storey
- Taxes:
- $5,893
- Possession:
- Flexible
- Lot Front:
- 53.5 Feet
- Lot Depth:
- 162.0 Feet
- Basement:
- Finished | Sep Entrance
- Driveway Pkg:
- 4
- Heat:
- Gas | Forced Air
Description
524 Krug St, , Kitchener, Ontario is a Triplex property in Kitchener and in the community in the N2B 1L6 postal code
UPPER 2-BEDROOM UNIT NOW VACANT! PRIME INVESTMENT OPPORTUNITY IN THE HEART OF KITCHENER! 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 and value. Situated on an oversized 53' x 163' lot, this triplex features three separately metered units, including one one-bedroom unit and two two-bedroom units, all in excellent condition. The vacant upper unit has been refreshed in 2025, featuring updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout. The property has benefited from several improvements over the years, including a roof replacement in 2014, an updated furnace, vinyl windows, and upgraded eaves. The lower unit features above-grade windows, creating a bright and welcoming living space. The spacious lot also presents potential for an accessory dwelling unit (ADU), offering an excellent opportunity to maximize future returns. Additional highlights include a commercial coin-operated laundry system and ample private parking. With the upper two-bedroom unit now vacant, buyers have the flexibility to set new market rent or move in and enjoy homeownership while generating rental income. Don't miss this outstanding investment opportunity in a prime location!.
Extras
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History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2022-01 | 2022-01 | $1,149,000 | $1,150,000 | Sld | X5474159 |
| 2024-04 | 2024-07 | $1,050,000 | $999,900 | Exp | X8207260 |
| 2024-08 | 2024-11 | $999,900 | $999,900 | Exp | X9241312 |
| 2024-11 | 2025-03 | $965,000 | $965,000 | Ter | X11586469 |
| 2025-03 | 2025-03 | $949,900 | $949,900 | New | X12002813 |
| 2025-03 | 2025-03 | $2,100 | $2,100 | New | X12002818 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2025-01 | 80 Page St, | $659,000 | $635,500 | 117 |
| 2024-10 | 21 Cherry St, | $764,900 | $764,900 | 19 |
| 2024-06 | 270 Spruce St S, | $260,000 | $257,000 | 31 |
| 2024-05 | 220 Michaud St, | $300,000 | $275,000 | 65 |
| 2024-04 | 44-48 King St, | $325,000 | $345,000 | 34 |
| 2024-04 | 325 Hughson St, | $1,250,000 | $1,070,000 | 42 |
| 2024-03 | 65 Stanley St, | $791,000 | $750,000 | 36 |
| 2023-10 | 50 Manilla Terr, | $200,000 | $190,000 | 1 |
| 2023-08 | 85 Main St, | $360,000 | $326,000 | 20 |
| 2023-07 | 109 York St, | $649,900 | $628,000 | 62 |
| 2023-06 | 107 Taylor Ave, | $400,000 | $401,000 | 3 |
| 2023-06 | 195 Queen St S, | $689,000 | $650,000 | 48 |
| 2023-05 | 216 Macdonald Ave, | $999,000 | $881,000 | 86 |
| 2023-03 | 83 Haynes Ave, | $450,000 | $400,000 | 128 |
| 2022-09 | 26 Duke St, | $1,150,000 | $930,000 | 62 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Kitchener :
Estimated running costs for 524 Krug St
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $3220 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $491 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
3220 /mo
-
Property Taxes
$491 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
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