524 Krug Street, Kitchener

524 Krug Street, Kitchener, ON N2B1L6 Photo 1

42 Photos

524 Krug Street, Kitchener, ON N2B1L6 Photo 2
524 Krug Street, Kitchener, ON N2B1L6 Photo 3
524 Krug Street, Kitchener, ON N2B1L6 Photo 4
524 Krug Street, Kitchener, ON N2B1L6 Photo 5
524 Krug Street, Kitchener, ON N2B1L6 Photo 6
524 Krug Street, Kitchener, ON N2B1L6 Photo 7
  • Bedrooms: 5
  • Bathrooms: 3
  • Living area: 2879 sqft
  • MLS®: 40566972
  • Added: 33 days ago

Property Details

Attention investors! Situated in a central point in Kitchener, 524 Krug Street lies just a few minutes from the expressway and less than 10 minutes to the booming Downtown. This efficient Legal Triplex houses three units – one single bedroom, and a pair of two bedroom units, all very clean, well maintained and separately metered. Laundry for the tenants is serviced by an in-building commercial coin setup, and there’s ample private parking in the open lot at the back of the property. Recent updates to 524 Krug Street include the roof, furnace, windows and eaves – all excellent selling points among potential investors. With large windows sitting above-grade in the lower unit, lots of natural light creates a unique and desirable environment – this is no ordinary basement unit. Potential for a future Accessory Dwelling out back with the oversized 53' x 163' lot offering plenty of space. Get in touch today to schedule your private showing! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Basement: Finished, Full
  • Year Built: 1957
  • Appliances: Water softener
  • Directions: River Rd. E to Krug St.
  • Living Area: 2879
  • Lot Features: Conservation/green belt, Paved driveway, Laundry- Coin operated
  • Photos Count: 42
  • Water Source: Municipal water
  • Parking Total: 4
  • Bedrooms Total: 5
  • Structure Type: Triplex
  • Common Interest: Freehold
  • Subdivision Name: 224 - Heritage Park/Rosemount
  • Tax Annual Amount: 5611.81
  • Exterior Features: Brick
  • Security Features: Unknown
  • Community Features: Community Centre
  • Foundation Details: Poured Concrete
  • Zoning Description: R5
  • Number Of Units Total: 3
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Nearby Places

Name Type Address Distance
Arabesque Café Family Restaurant Bar 869 Victoria St N 0.8 km
Kitchener Memorial Auditorium Complex Stadium 400 East Ave 1.2 km
Kitchener Memorial Auditorium Complex The complex includes "The Kitchener Memorial Audio... 1.2 km
Woodside National Historic Site The house is located in the city of Kitchener, Ont... 1.7 km
Suddaby Public School It serves grades Junior Kindergarten (JK) through ... 1.7 km
Centre In The Square Establishment 101 Queen St N 1.8 km
Centre In The Square This 2,047 seat hall is the largest in Waterloo Re... 1.8 km
Kitchener Farmer's Market The market has more than 60 farmer/vendors and is ... 1.9 km
Kitchener, Ontario It was the Town of Berlin from 1854 until 1912 and... 1.9 km
CMT Music Fest It is an all ages event.... 1.9 km
Eastwood Collegiate Institute School 760 Weber St E 2.0 km
Grand River Collegiate Institute It is part of the Waterloo Region District School ... 2.0 km
524 Krug Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 524 Krug Street. The current price of the property is $1,050,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $840,000. This would result in a monthly mortgage payment of $4,910 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 25
University / Above bachelor level 10
Certificate of Qualification 15
College 75
University degree at bachelor level or above 40

Neighbourhood Marital Status Stat

Married 180
Widowed 35
Divorced 25
Separated 10
Never married 95
Living common law 40
Married or living common law 220
Not married and not living common law 160

Neighbourhood Construction Date

1961 to 1980 60
1981 to 1990 10
1960 or before 125
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