Property Information:

Investor Alert! This triplex is located on a large lot, property zoned RES-5, offering huge potential. The seller has conceptual drawings available; these drawings are for reference only. 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 + Hydro. Rents Are Plus Hydro. The Middle Unit Is Currently Rented At $1,800/Month + Hydro. 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:27)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Separate Hydro Meters
Basement Type: N/A, N/A
Exterior Finish: Brick
Floor Space: 1500 - 2000 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 4+1
Bathrooms: 3
Amenities Nearby: Hospital, Park, Public Transit, Schools
Features: Irregular lot size
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 176.2 Feet
Lot Frontage: 53.5 Feet
Lot Size: 53.5 x 176.2 FT ; 53.50FTx176.19FTx52.01FTx187.09FT
Structure Type: Shed
Zoning: RES-5
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 7

Rooms:

Living 2nd Level Measurements not available
Kitchen 2nd Level Measurements not available
Bedroom 2nd Level Measurements not available
2nd Bedroom 2nd Level Measurements not available
Bathroom 2nd Level Measurements not available
Living Basement Level Measurements not available
Kitchen Basement Level Measurements not available
Bedroom Basement Level Measurements not available
Bathroom Basement Level Measurements not available
Living Flat/Apartment Level Measurements not available
Kitchen Flat/Apartment Level Measurements not available
Bedroom Flat/Apartment Level Measurements not available
2nd Bedroom Flat/Apartment Level Measurements not available
Bathroom Flat/Apartment Level Measurements not available

Demographic Information of 514 KRUG STREET, Kitchener, Ontario, N2B 1L6

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$114,730.52

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.84 %

High school certificate or equivalent

30.49 %

Apprenticeship trade certificate/diploma

8.16 %

College/non-university certificate

21.24 %

University certificate (below bachelor)

1.3 %

University Degree

20.96 %

Commuter

Travel To Work

By Car

90.78 %

By Public Transit

1.7 %

By Walking

4.44 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.99 %

Houses

80.01 %

514 KRUG STREET, Kitchener, Ontario, N2B 1L6