54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener
  • 54 PARK Street Kitchener

54 PARK Street, Kitchener, Ontario

$1,150,000

  • 6 Beds
  • 6 Baths
  • 3,322 Square Feet

Fully occupied legal triplex in one of Downtown Kitchener’s most sought-after investment pockets, offering an impressive 5.35% CAP rate and exceptional long-term upside. Ideally located just steps to Victoria Park and only a couple blocks from Downtown Kitchener, Google, the School of Pharmacy, and the Tannery, this is a prime, walkable location that continues to attract quality tenants and strong rental demand. This is not your typical cookie-cutter rental property. Originally built in 1923 and thoughtfully converted, this heritage home blends timeless character, exposed brick, architectural charm, and unique design elements with modern updates and amenities that today’s tenants love. Comprised of three well-appointed and fully leased units, the property offers stable income from day one while providing investors with a standout asset that differentiates itself from ordinary purpose-built triplexes. The combination of strong financial performance, irreplaceable character, and unbeatable location makes this a rare opportunity for the savvy investor looking to own a truly special multi-residential property in the heart of the city. (id:23309)

  • Listing ID: 40811587
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Park, Playground, Public Transit
  • Equipment: Water Heater
  • Features: Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 3
  • Rental Equipment: Water Heater
  • Structure: Shed, Porch
  • Transaction: For sale
  • Zoning Description: RES-4

Building

  • Appliances: Water softener
  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Constructed Material: Concrete block, Concrete Walls
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Brick Veneer, Concrete, Metal
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 6
  • Heating: Baseboard heaters, Forced air, Radiant heat
  • Size Interior: 3322 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Park, Playground, Public Transit
  • Sewer: Municipal sewage system
  • Size Frontage: 50 ft
  • Size Irregular: 0.12
  • Size Total: 0.12 ac|under 1/2 acre

This property for sale is located at 54 PARK Street in Kitchener. It was last modified on March 16th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Kitchener homes for sale.

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