40
514 Krug Street
$949,900 Sale
Listed 1 day
· 5
· 3
· 7
· 1942
Key Facts
Key facts for 514 Krug Street
Property Type
Other
Parking
Outside/Surface/Open 7 parking
MLS #
40767288
Size
1942 sqft
Basement
Full,Finished
Listed on
2025-09-08
Lot size
-
Tax
$5,209.57 /yr
Days on Market
2
Year Built
1957
Maintenance Fee
-
Description
Investor Alert! Triplex with Development Potential! This property is zoned RES-5, offering excellent potential to add more units on the massive 53FT x 176FT deep lot (drawing for a proposed 4-unit build with parking plan available). The property is separately metered, well maintained and offers 2 x ...2 beds, 1 x 1 bed and plenty of parking. The upper unit is beautifully renovated (2025) and rented for $1,900/month. Rents are plus hydro. The middle unit is currently rented at $1,800/month. All tenants are in good standing with no open claims. Updates include: furnace (2021), hot water tank (2019), driveway (2013), roof (2010), and windows (2003). Conveniently located across from a shopping plaza and close to Stanley Park Conservation Area, Walter Bean Trail, Idlewood Pool, splash pads, schools, transit, and major highways. A solid portfolio addition with long-term upside., Directions:River Rd. E. to Krug St., Exclusions:Tenants Belongings, Window Ac Units
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