For Sale

514 Krug Street, Kitchener, Ontario N2B 1L6

$949,900

514 Krug Street, Kitchener, Ontario N2B 1L6 is For Sale and has a listing price of 949,900. The property is located in the Rosemount neighbourhood . It's been on the website for 7 Days.

  • Triplex
    Property Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12388748
  • Office Name PSR
Property 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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12388748
  • Price: $949,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 176.19
  • Ref ID: X12388748
  • Approx Sqft: 1500-2000
  • Dir / Cross St: River Rd.
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Triplex
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/08/2025 X12388748 $949,900 For Sale - -
05/27/2025 X12175797 $965,000 Expired -
02/27/2025 X11991725 $965,000 Cancelled 05/26/2025 -
07/15/2024 X9038325 $999,900 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Rosemount
  • $768,329 Average List Price
    based on 1 year
  • 14 New Listings
    based on 30 days
  • 19 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.25 % Below
  • Sold (12mo) 8
  • Rented (12mo) 7

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    85.22%
  • Commercial
    10.39%
  • Condo
    4.39%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 7
  • Exterior Brick
  • Kitchen 3
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,210
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate with tenants
  • Listing Entry Date: 08/09/2025 16:23:30
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