For Sale: 54 Park Street, Kitchener, ON - REW
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$1,150,000
6 bd • 6 ba • 3322 sf • Multifamily
54 Park Street
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$1,150,000
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54 Park StreetKitchener, ON, N2G 1M3

  • 6 Bed
  • 6 Bath
  • 3322 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Erin Knight, Broker, BOSLEY REAL ESTATE LTD.

Home facts and features

Price details
List Price
$1,150,000
Get Pre-Approved
Gross Taxes for 2026
$8,479
Home facts
Bedrooms
6
Full Bathrooms
6
Parking Spaces
3
Property Type
Multifamily
Lot Size
50 ft x 0 ft (5227 ft²)
Depth
Frontage
50.0 feet
Title
Freehold
Exterior Finish
Concrete, Brick, Metal, Brick Veneer, Concrete block, Concrete Walls
Heating Type
Baseboard heaters, Radiant heat, Forced air
Cooling
Central air conditioning
Basement Details
Partially finished, Full
Features
Paved driveway
Appliances
Water softener
Agent details
Primary Agent
Primary Broker
BOSLEY REAL ESTATE LTD.
Secondary Agent
Curt Knight
Secondary Broker
TrilliumWest Real Estate Brokerage
Listing details
Days on REW
127 Days
Property Views
23
MLS® Number
40811587
Source
Canadian Real Estate Association
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Property Insights

St John Catholic Elementary School
  • Catholic
  • JK - 8
King Edward Public School
  • Public
  • JK - 6
J F Carmichael Public School
  • Public
  • JK - 6
Kitchener Waterloo Collegiate and Vocational School
  • Public
  • 9 - 12
St Don Bosco Catholic Secondary School
  • Catholic
  • 9 - 12
Courtland Avenue Public School
  • Public
  • 7 - 8
Westmount Public School
  • Public
  • JK - 6
Suddaby Public School
  • Public
  • JK - 6
Margaret Avenue Public School
  • Public
  • 7 - 8
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Erin Knight
Phone:
(226) 314-1600
Office:
519-740-9595
Curt Knight
Phone:
(226) 314-1600
Office:
226-314-1600
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