524 Krug Street

Kitchener, N2B 1L6

5 Beds

3 Bath

1500-2000 sqft

$929,900

Est. Payment

$3,552/mo*

*Based on 20% down, 4% interest, 30-year term

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Triplex•MLS #X12002813•Price Change

Price comparison with similar homes in Kitchener

Compared to 4 similar homes

-12.7% Lower↓

Market Avg. of (4 similar homes)

$1,065,722

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Details

Room	Size	Level
Bedroom 3.51 × 3.17 m	3.51 × 3.17 m	Second
Dining Room 3.53 × 2.16 m	3.53 × 2.16 m	Second
Kitchen 3.71 × 2.74 m	3.71 × 2.74 m	Second
Living Room 4.95 × 3.53 m	4.95 × 3.53 m	Second
Primary Bedroom 3.51 × 3.17 m	3.51 × 3.17 m	Second
Bedroom 3.45 × 3.15 m	3.45 × 3.15 m	Main

Client Remarks

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, value, and long-term growth opportunity. Zoned RES-5, it sits on an oversized 53' x 163' lot and features three separately metered unitsone one-bedroom and two two-bedroom unitsall in excellent condition. The upper two-bedroom unit was refreshed in 2025 with updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout, and is now leased. The common areas were also updated with new flooring, paint, and lighting (2025). Over the years, the property has seen several important improvements, including a furnace (2007), roof (2014), vinyl windows (approx. 2008/09), water heater (2019), and soffit, fascia, and eavestroughs (approx. 2011). The lower unit features above-grade windows, offering a bright and welcoming living space. The large lot also presents potential for an accessory dwelling unit (ADU), providing an excellent opportunity to further increase rental income. Additional highlights include a commercial coin-operated laundry system and ample private parking. Dont miss this outstanding investment opportunity in a prime Kitchener location.