514 Krug St

Kitchener, N2B 1L6
FOR SALE
$999,900
514 Krug St, Kitchener
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
514 Krug St
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4 + 1
BEDROOMS
3
BATHROOMS
3 + 1
KITCHENS
10 + 5
ROOMS
X9038325
MLSID
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Property Description
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 Ans A One 1-Bedroom Unit, Each Equipped With Separate Hydro Meters. 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 24 Hours Notice Is Required For All Showings.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-13 2024-07-05 53 $999,900 - Terminated
2024-01-22 2024-05-13 112 $1,100,000 - Terminated
Property Features
Hospital, Park, Public Transit, School
Property Details
Street
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
54' x 176'
Acreage
< .50
Lot Irregularities
53.50Ft x 176.19Ft x 52.01Ft x 187.09Ft
Fronting
East
Taxes
$4,654 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
None
Kitchener Market Statistics
Kitchener Price Trend
514 Krug St is a 4-bedroom 3-bathroom home listed for sale at $999,900, which is $78,649 (8.5%) higher than the average sold price of $921,251 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Kitchener declined by $42,374 (4.4%) compared to the previous 30 day period (July 22 - August 20) and down $107,637 (10.5%) from the same time one year ago.
Inventory Change
There were 53 4-bedroom homes listed in Kitchener over the last 30 days (August 21 - September 19), which is up 15.2% compared with the previous 30 day period (July 22 - August 20) and up 65.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold $8,500 (0.9%) above asking price over the last 30 days (August 21 - September 19), which represents a $18,825 increase compared to the previous 30 day period (July 22 - August 20) and $30,977 less 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 4-bedroom homes in Kitchener over the last 30 days (August 21 - September 19) stood at 56.6%, down from 93.5% over the previous 30 days (July 22 - August 20) and down from 84.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Kitchener stood at 16 days when successfully sold over the last 30 days (August 21 - September 19), compared to 31 days before being removed from the market upon being suspended or terminated.
Listing contracted with Psr
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