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Key Facts
Key facts for 514 Krug Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 7 parking
MLS #
X12175797
Size
1500-2000 sqft
Basement
Apartment,Separate Entrance
Listed on
2025-05-27
Lot size
54 x 176.19
Tax
$4,887.66 /yr
Days on Market
105
Approximate Age
51-99
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 and vacant, ideal for market rent or owner occupancy. 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.
