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$949,900
Available - For Sale
Listing ID: X12388748
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.
Price $949,900
Taxes: $5,209.57
Occupancy by: Tenant
Address: 514 Krug Street , Kitchener, N2B 1L6, Waterloo
Directions/Cross Streets: River Rd.
Rooms: 10
Rooms +: 4
Bedrooms: 4
Bedrooms +: 1
Washrooms: 3
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  4 Basement
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Second
Washroom 8:  4 Basement
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Second
Washroom 13:  4 Basement
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Second
Washroom 18:  4 Basement
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  4 Second
Washroom 23:  4 Basement
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  4 Second
Washroom 28:  4 Basement
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4 Main
Washroom 32:  4 Second
Washroom 33:  4 Basement
Washroom 34:  0
Washroom 35:  0
Washroom 36:  4 Main
Washroom 37:  4 Second
Washroom 38:  4 Basement
Washroom 39:  0
Washroom 40:  0
Washroom 41:  4 Main
Washroom 42:  4 Second
Washroom 43:  4 Basement
Washroom 44:  0
Washroom 45:  0
Washroom 46:  4 Main
Washroom 47:  4 Second
Washroom 48:  4 Basement
Washroom 49:  0
Washroom 50:  0
Washroom 51:  4 Main
Washroom 52:  4 Second
Washroom 53:  4 Basement
Washroom 54:  0
Washroom 55:  0
Washroom 56:  4 Main
Washroom 57:  4 Second
Washroom 58:  4 Basement
Washroom 59:  0
Washroom 60:  0
Washroom 61:  4 Main
Washroom 62:  4 Second
Washroom 63:  4 Basement
Washroom 64:  0
Washroom 65:  0
Washroom 66:  4 Main
Washroom 67:  4 Second
Washroom 68:  4 Basement
Washroom 69:  0
Washroom 70:  0
Washroom 71:  4 Main
Washroom 72:  4 Second
Washroom 73:  4 Basement
Washroom 74:  0
Washroom 75:  0
Washroom 76:  4 Main
Washroom 77:  4 Second
Washroom 78:  4 Basement
Washroom 79:  0
Washroom 80:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 7
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Other Structures: Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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PSR

514 Krug Street , Kitchener, N2B 1L6, Waterloo

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 176.19(Feet)
Approximate Age: 51-99
Tax: $5,209.57
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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