5 Bedroom
3 Bathroom
1,500 - 2,000 ft2
Forced Air
$949,900
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. (id:50976)
Property Details
|
MLS® Number
|
X12388748 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Park, Public Transit, Schools |
|
Equipment Type
|
Water Heater |
|
Features
|
Irregular Lot Size |
|
Parking Space Total
|
7 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Shed |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
5 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Water Heater, Dryer, Stove, Washer, Refrigerator |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
176 Ft ,2 In |
|
Size Frontage
|
53 Ft ,6 In |
|
Size Irregular
|
53.5 X 176.2 Ft ; 53.50ftx176.19ftx52.01ftx187.09ft |
|
Size Total Text
|
53.5 X 176.2 Ft ; 53.50ftx176.19ftx52.01ftx187.09ft |
https://www.realtor.ca/real-estate/28830646/514-krug-street-kitchener
