$1,150,000
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54 Park Street, Kitchener, ON N2G1M3

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6 Beds
6 Baths
3,322 Sq Ft

Fully occupied legal triplex in one of Downtown Kitcheners 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 todays 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:58753)

Listing By: Erin Knight - TrilliumWest Real Estate Brokerage cncrea2 Realty.com
  • MLS® 40811587
  • Date Listed03/16/2026
  • Days on Realty 81 Days
  • Bedrooms 6
  • Bathrooms 6 baths
  • Lot Size 5,227 sq. ft
  • Sewer Public Sewer
  • Subdivision 313 - Downtown Kitchener/W. Ward
  • Property Type Triplex
  • Water Public
  • Square Feet 3,322 sq. ft
  • Price Per Sq. Ft $346.18

Interior Features

  • Appliances Water softener
  • Cooling Central air conditioning
  • Heating Baseboard heaters, Radiant heat, Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 5,227.20
  • Lot Features Paved driveway

Directions

Near Park St and Victoria st

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2G1M3

Discover key demographics, population statistics, and environmental insights for the Kitchener, ON area.

Walkability in ON / N2G1M3

Source: Walk Score

91/100

Walker's Paradise

Walk Score ®

64/100

Good Transit

Transit Score ®

88/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

16 nearby routes: 13 bus, 3 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 46/100, Bike Score: 60/100.

Points of Interest near 54 PARK Street, Kitchener, ON N2G1M3

Frequently Asked Questions for 54 PARK Street

Source: Realty.com

54 PARK Street, Kitchener, ON N2G1M3 in 313 - Downtown Kitchener/W. Ward, Kitchener, ON N2G1M3 is a triplex listed at $1,150,000. Highlights include 6 bedrooms, 6 bathrooms, 3,322 sq. ft., $346 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 54 PARK Street.

The full address for this home is 54 PARK Street, Kitchener, ON N2G1M3.

54 PARK Street has been listed on Realty.com since Mon March 16, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 46/100, Bike Score: 60/100.

Listing provided courtesy of: TrilliumWest Real Estate Brokerage
Listing agent: Erin Knight

This content last refreshed on 2026-06-05 04:57:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.