Royal LePage Maximum Realty Brokerage

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Brokerage Services For MLS Property listings in Greater Toronto

RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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5 / 5 stars – based on 121 reviews






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54 Park Street, Kitchener, ON N2G 1M3

Triplex For Sale | X12894010Sale

Listing ID: X12894010
$1,150,000
7 Bedrooms
6 Bathrooms
Listing ID #X12894010
Property Description

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.

Basic Details
Listing ID : X12894010
Listing Type : Sale
Price : $1,150,000
Bathrooms : 6
Status : Active
Property Sub Type : Triplex
Roof : Asphalt Shingle
Map
Address Map
54
Park
US
ON
Waterloo
Kitchener
N2G 1M3
Street
North
Victoria St. to Park St
RES-4
Features
: Central Air
: Natural Gas
: None
: Apartment
: 2 1/2 Storey
1
: Carpet Free, Storage, Water Softener, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater, Separate Heating Controls
: Sewer
Rooms
7
Additional Information
: Brick, Brick Front
: Concrete Block
https://unbranded.youriguide.com/unit_a_54_park_st_kitchener_on/
Financial
8479.0
Listing Information
New
2026-03-18T02:26:02Z
TRREB

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