Eastward, Kitchener East

21 Krug St

Property Highlights

Offered at

$1,850,000

Size

5,000 ft2

Bedrooms

11

Bathrooms

8

Property
Size

64 X 225

Walk
Score

83

Transit
Score

65

Property
Taxes

$7,291 (2022)

Year
Built

1915

MLS

40361568

OVER $112,000 IN REVENUE & OVER $80,000 IN OPERATING INCOME!!

Sitting on a 1/3 acre (65' x 225' 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.

1front AUnit CUnit EUnit

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.

Note - Some photos from before tenants moved in/previous tenants.

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About The Neighbourhood

Eastward,
Kitchener East

Eastward is a neighbourhood that exudes charm and character, with a rich history that is reflected in the architecture of its homes. The area has undergone significant changes in recent years, as young families have discovered the appeal of this close-knit community. The neighbourhood's tree-lined streets and well-manicured lawns create a picturesque scene that is reminiscent of a bygone era.

neighbourhood details and data

What we love about
Eastward, Kitchener East

The Amenities

With a grocery store, liquor store, pharmacy, the Kitchener Public Library, Frederick Mall and multiple stores and restaurants, you can accomplish most of your errands right in your neighbourhood.

The Recreational Facilities

Cheer on the Rangers at the Kitchener Memorial Auditorium, see a concert at the Centre in the Square or enjoy a game of pool or bowling at Frederick Mall.

The Schools

Eastward is home to 3 elementary schools making it a great neighbourhood for families with children. Depending on where you live in the neighbourhood, you'll likely be within walking distance of either Suddaby PS, Sheppard PS or St. Annes Catholic school.

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Property Listed By

Portrait of Jacquie Bunker
Jacquie Bunker
REALTOR®
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