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514 KRUG STREET, Kitchener, Ontario, N2B 1L6

MLS® # X12672866
new listing
Investment For Sale In Rosemount, Kitchener, Ontario
$949,900
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MULTIMEDIA

514 KRUG STREET, Kitchener, Ontario, N2B 1L6
$949,900

Property Information:

Investor Alert! Triplex With Development Potential! This Property Is Zoned RES-5, Offering Excellent Potential To Add More Units On The Massive 53Ft x 176 Ft 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 + 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
  • 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

Courtesy of: PSR

REALTOR.ca  

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Sales/Price History

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Market Price Trends

Single family detached

0.1%

Price change (1 year)

27.81%

Price change (5 years)

All Properties

0.06%

Price change (1 year)

27.76%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 514 KRUG STREET, Kitchener, Ontario, N2B 1L6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 514 KRUG STREET , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 514 KRUG STREET , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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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 %

Own Vs. Rent

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