123 Krug St
Kitchener, N2H 2Y1
FOR SALE
$1,085,000
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3 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS6 + 4
ROOMSX9269506
MLSIDContact Us
Property Description
Highly desirable neighborhood with mature trees. Close to schools and shopping. Purpose built triplex, very spacious units, lot's of character and old charm with hardwood floors. Each unit has its own heating control. One shared laundry and one in-suite laundry. Exceptionally well cared for. Detached double car garage with hydro.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-26 | 2024-09-13 | 18 | $1,135,000 | - | Suspended |
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Property Details
Street
City
Property Type
Triplex, 2-Storey
Lot Size
44' x 100'
Fronting
South
Taxes
$4,302 (2024)
Basement
Finished
Exterior
Brick Front
Heat Type
Water
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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Kitchener Market Statistics
Kitchener Price Trend
123 Krug St is a 3-bedroom 3-bathroom home listed for sale at $1,085,000, which is $335,498 (44.8%) higher than the average sold price of $749,502 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Kitchener increased by $2,710 (0.4%) compared to the previous 30 day period (September 27 - October 26) and down $10,543 (1.4%) from the same time one year ago.Inventory Change
There were 79 3-bedroom homes listed in Kitchener over the last 30 days (October 27 - November 25), which is down 1.3% compared with the previous 30 day period (September 27 - October 26) and up 38.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $2,125 (0.3%) above asking price over the last 30 days (October 27 - November 25), which represents a $8,762 increase compared to the previous 30 day period (September 27 - October 26) and $200 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Kitchener over the last 30 days (October 27 - November 25) stood at 100.0%, up from 70.0% over the previous 30 days (September 27 - October 26) and up from 77.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Kitchener stood at 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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R5 ZONING. TRIPLEX ON LARGE LOT. Across from bus transportation and a shopping plaza. Centrally located near major highways and amenities. Strategically located in a highly desirable area of Kitchener. This property boasts two 2-bedroom units and one 1-bedroom unit, each equipped with separate hydro metres. 7 parking spots, a shed, tenant storage, and recent updates, including forced air furnace (2 years), driveway (10 years), and roof (13 years). An excellent investment opportunity to add to your multiplex portfolio. This triplex offers both immediate income potential and long-term value. Minimum 36 hours notice is required for all showings.
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