54 PARK STREET Kitchener

54 PARK STREET, Kitchener, Ontario

$1,150,000

  • 7 Beds
  • 6 Baths

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:56241)

  • Listing ID: X12894010
  • Property Type: Multi-family

Schedule a Tour

Schedule Private Tour

Becky Hunt would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Becky Hunt, who specializes in Kitchener real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Becky Hunt find a property to match your lifestyle.

Details

  • Amenities Nearby: Park, Public Transit, Hospital, Golf Nearby
  • Community Features: Community Centre
  • Equipment: Water Heater
  • Features: Carpet Free
  • Parking Spaces: 3
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: RES-4

Building

  • Amenities: Fireplace(s), Separate Electricity Meters, Separate Heating Controls
  • Appliances: Water Heater, Water softener, Dishwasher, Stove, Refrigerator
  • BasementType: N/A
  • Basement Features: Apartment in basement
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 1
  • Cooling: Central air conditioning
  • Exterior Finish: Brick Facing, Brick
  • Fireplace Present: True
  • Fireplace Total: 1
  • Foundation: Block
  • Bathrooms (Half): 1
  • Bathrooms (Total): 6
  • Heating: Forced air, Radiant heat
  • Heating Fuel: Natural gas, Other
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 2.5
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Park, Public Transit, Hospital, Golf Nearby
  • Sewer: Sanitary sewer
  • Size Frontage: 50 ft ,9 in
  • Size Irregular: 50.8 x 103.2 FT
MLS®

Listing provided by Trilliumwest Real Estate Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 54 PARK STREET in Kitchener Ontario. It was last modified on March 18th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Kitchener homes for sale.

Request More Information

Want more information or schedule a showing? Request more information with Becky Hunt, who specializes in Kitchener properties.

Terms of Use Agreement

Terms of Use
This website is operated by Becky Hunt, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Becky Hunt, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Becky Hunt may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline