Listing ID: 40811587  
$1,150,000

54 PARK Street

TrilliumWest Real Estate Brokerage

54 PARK Street, Kitchener, Ontario, N2G1M3
Bathrooms6 Bedrooms6
Property TypeMulti-family Lot Size0.12 acres
Building Area3322 sqft

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:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total3 WaterfrontNo
Construction MaterialsConcrete block,Concrete Walls Frontage Length50 ft
ViewNo
Building
Cooling TypeCentral air conditioning CoolingYes
HeatingBaseboard heaters,Forced air,Radiant heat Levels2
Number Of Units Total3 PoolNo
SewerMunicipal sewage system Stories2

Listing Office: TrilliumWest Real Estate Brokerage

Data Provided by Cornerstone Association of REALTORS®

Last Modified :Mon, 16 Mar 2026 21:39:02 GMT

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