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Home ON Kitchener - Cambridge - Waterloo Kitchener Rosemount
524 KRUG Street
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524 KRUG Street $949,900
Snow covered property with brick siding
View of snowy exterior with brick siding
View of home's exterior with roof with shingles, a lawn, and brick siding
View of stairway
Unfurnished room featuring baseboards, visible vents, and light wood-style floors
Unfurnished room with light wood-style flooring and baseboards
Unfurnished room with light wood finished floors and baseboards
Corridor featuring baseboards and light wood-style floors
Unfurnished room featuring visible vents, light wood-style flooring, and baseboards
Kitchen with decorative backsplash, light wood-style floors, dark brown cabinets, white appliances, and baseboards
View of unfurnished sunroom
Kitchen featuring white appliances, tasteful backsplash, wood finished floors, under cabinet range hood, and a sink
Kitchen with white appliances, a sink, under cabinet range hood, and decorative backsplash
Full bathroom with toilet, shower / bath combination, wood finished floors, and vanity
Empty room with light wood finished floors, visible vents, and baseboards
Unfurnished room featuring baseboards and wood finished floors
Staircase with baseboards
Living area with baseboards and wood finished floors
Living area featuring wood finished floors
Living room featuring light wood-style flooring and baseboards
Home office featuring wood finished floors and baseboards
Kitchen featuring wood counters, a textured ceiling, light wood-type flooring, white appliances, and under cabinet range hood
Kitchen with white appliances, light wood finished floors, light countertops, under cabinet range hood, and white cabinetry
View of balcony
Hall with light wood finished floors, baseboards, and visible vents
Bedroom with light wood-style floors and baseboards
Bedroom with light wood-style flooring and baseboards
Bathroom with shower / bathing tub combination, vanity, and toilet
Corridor with light wood-type flooring
Office space with visible vents, a textured ceiling, and tile patterned floors
Bedroom featuring visible vents, baseboards, a textured ceiling, and tile patterned floors
Tiled office featuring baseboards
Kitchen with a textured ceiling, a peninsula, white appliances, light wood-style floors, and light countertops
Bathroom with toilet, visible vents, shower / bathing tub combination, and vanity
Laundry area with light tile patterned floors, a sink, and washing machine and clothes dryer
View of yard featuring an outdoor structure and a fenced backyard
View of property exterior featuring brick siding and fence
Floor plan
View of layout
View of layout
$949,900
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524 KRUG Street
Kitchener, Ontario N2B1L6

MLS® Number: 40703657
5
Bedrooms
3
Bathrooms
2879
Square Feet

Listing Description

UPPER 2-BEDROOM UNIT NOW VACANT! PRIME INVESTMENT OPPORTUNITY IN THE HEART OF KITCHENER! 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 and value. Situated on an oversized 53' x 163' lot, this triplex features three separately metered units, including one one-bedroom unit and two two-bedroom units, all in excellent condition. The vacant upper unit has been refreshed in 2025, featuring updated flooring, fresh paint, modern light fixtures, upgraded bathroom plumbing fixtures, and stylish black outlets throughout. The property has benefited from several improvements over the years, including a roof replacement in 2014, an updated furnace, vinyl windows, and upgraded eaves. The lower unit features above-grade windows, creating a bright and welcoming living space. The spacious lot also presents potential for an accessory dwelling unit (ADU), offering an excellent opportunity to maximize future returns. Additional highlights include a commercial coin-operated laundry system and ample private parking. With the upper two-bedroom unit now vacant, buyers have the flexibility to set new market rent or move in and enjoy homeownership while generating rental income. Don't miss this outstanding investment opportunity in a prime location! (68686329)

Location Description

River Rd. E to Krug St.

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2879 sqft
Subdivision Name
224 - Heritage Park/Rosemount
Title
Freehold
Land Size
under 1/2 acre
Built in
1957
Annual Property Taxes
$5,893
Total Parking Spaces
4
Time on REALTOR.ca
17 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Water softener
Basement Type
Full (Finished)
Building Features
Features
Southern exposure, Conservation/green belt, Paved driveway, Laundry- Coin operated
Foundation Type
Poured Concrete
Fire Protection
Unknown
Rental Equipment
Water Heater
Structures
Shed, Porch
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
4

Measurements

Square Footage
2879 sqft
Above Grade Finished
1947 sqft
Source: Other
Below Grade Finished
932 sqft
Source: Other

Land

Lot Features
Frontage
54 ft
Land Depth
162 ft
Other Property Information
Access
Highway access
Zoning Description
R5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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