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    For Sale - 54 Park Street, Kitchener, Ontario

    Est payment $5,522/mo
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    Views   1
    Time on Jump  15 day

    AI Summary *

    • Fully occupied triplex offering strong income and investment potential.
    • Located near Victoria Park and Downtown Kitchener amenities.
    • Heritage home with unique character and modern updates throughout.
    • Three well-appointed units ensuring stable rental income from day one.
    • Great opportunity for investors seeking a standout property.




    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.
    Listing IDX12894010
    Address54 Park Street
    CityKitchener, Ontario
    Price$1,150,000
    Bed / Bath7 / 6 Full
    Style2 1/2 Storey, Triplex
    ConstructionBrick Front, Brick
    Land Size5166.67
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter, Separate Heating Controls, Storage, Water Heater, Water SoftenerAmenities Park, Public Transit, Hospital, Library, Rec./Commun.Centre, GolfOwnership FreeholdBasement ApartmentFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  Trilliumwest Real Estate Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    54 Park Street
    Kitchener , Ontario
    7 6 $1,150,000
    Get more info