Kitchener, N2B 1L6
$999,900
Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD.
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!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.