431 KRUG Street
Kitchener, Ontario
8 bed • 4 bath • Multi-family
House Hack or Invest! Brand New Purpose-Built Fourplex in Kitchener. Completed just last year, 431 Krug Street represents the pinnacle of modern multi-unit design. This property is the perfect opportunity for an owner-occupant looking to live entirely mortgage-free by renting out the other three units, or for multi-generational families wanting independent living spaces under one roof. Each of the 4 spacious units features a bright, contemporary layout, premium flooring, sleek kitchens, and independent in-suite laundry. With completely separate utility meters for every unit, managing this property is seamless and cost-effective. Situated on a generous city lot with 6 parking spaces, you are minutes away from local schools, shopping, parks, and quick highway access. Skip the headaches of older renovations—enjoy peace of mind with a building still under its new-construction lifespan. Clean, modern, and highly rentable. Book your private tour today!
Price History
Schools
Elementary
- Smithson Public School0.3 km
Public · Waterloo Region DSB · 270 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 57% met the provincial standard
- St Anne Catholic Elementary School0.7 km
Catholic · Waterloo CDSB · 750 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Rosemount Grand River1 km
Public · Waterloo Region DSB
Secondary
- Rosemount - U Turn School1 km
Public · Waterloo Region DSB
- Eastwood Collegiate Institute1.7 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
- Cameron Heights Collegiate Institute1.8 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2B
- Population
- 16,939
- Private dwellings
- 7,329
- Median age
- 42.8
- Average household size
- 2.4
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,927 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$350,000
Estimated Monthly Payment
$8,597
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,597/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $438/mo
Estimates only. Consult a financial advisor.
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