Properties

21 Krug St Eastward, Kitchener East

Offered at $1,850,000

Square Feet 5,000

Beds / Baths 11 / 8

MLS ID 40336105

The Story

OVER $113,000 IN REVENUE!! Sitting on a 1/3 acre (65'x225' lot) in prime Downtown Kitchener. This 6plex offers 1 x 3 bedroom unit, 3 x 2 bedroom units and 2 x 1 bedroom units and TONS of parking - 15 spaces plus some outdoor greenery for the tenants at the back of the lot. AAA tenants with excellent rental rates and opportunity to rent out further parking spaces. Each unit comes with their own in-suite laundry (unit C's is in the hallway). Hydro is separately metered. Centrally located in thriving Downtown Kitchener: 5 minute walk to the Kitchener's Farmers' Market, 8 minute walk to the LRT stop & Conestoga College's Downtown Campus and close to a multitude of employers, the future MedTech Centre, restaurants, shops, parks, entertainment, culture and more. The perfect opportunity to own an excellent investment property, on a huge lot in the heart of DTK. Some photos from before tenants moved in/previous tenants

Walk / Transit Score 83 / 65

Property Dimensions 64 X 225

Property Taxes $7,291

Year Built 1915

360° Tour

Floorplan PDF

The Details

The Neighbourhood

Eastward

Public PrimarySuddaby

Public SecondaryCameron Heights CI

Separate PrimarySt. Anne

Separate SecondarySt. Mary's

The Lifestyle

Eastward is an older, but much-loved neighbourhood in the city of Kitchener not too far from the downtown core. This neighbourhood has changed a lot in the past decade, with lots of young families moving in. Homes in the area tend to be nearly 100 years old, but there are some 50-60s era bungalows on the eastern edge of this neighbourhood. This neighbourhood offers residents an old-world charm, with smaller lots to maintain the intimacy of the neighbourhood. [...]

Neighbourhood Details & Data

Detached$725,000

Median Days on Market7

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