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.
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.
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 | - |