$949,900
 $5,099 est/mo Sourced by Back At You

514 Krug Street,Kitchener, ON N2B 1L6

Kitchener, ON N2B 1L6

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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 #X12388748
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site59
Listing Provided ByPSR | X12388748 136900

Features

Bed(s)5
Bath(s)3
BasementY
Story(s)2
Acreage0.22

Interior

Interior FeaturesWater Heater, Separate Hydro Meter
CoolingNone
Heat SourceGas
Fireplace Yes / NoNo

Exterior

RoofAsphalt Shingle
Foundation DetailsConcrete
Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesAvailable, Private, Reserved/Assigned

Utilities

SewerSewer

Taxes

Tax Annual Amount5209.57
Tax Legal DescriptionLT 169 PL 841 CITY OF KITCHENER
Tax Year2025

Area Information

ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2B 1L6
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

FLEURETTE KNAGGS

FLEURETTE KNAGGS

Coldwell Banker The Real Estate Centre

 (705) 770-7129
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2B 1L6
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $712K - $1.187M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
37 Kensington Avenue Property Photo 1
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Kitchener, ON N2B 1K9
55 Suffolk Avenue Property Photo 1
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55 Suffolk Avenue
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Listing Updated: November 4, 2025 at 1:23:42 PM PST
© 2025 Coldwell Banker the Real Estate Centre. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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