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Ontario > Kitchener > 54 Park Street

54 Park Street, Kitchener, ON

Kitchener, Hood
Victoria St.
6+1 Br | 6 Bath | 2500-3000 Sqft
$1,150,000 For Sale

Property Overview

  • Triplex — 2 1/2 Storey
  • SqFt: | 2500-3000 Sqft
  • Lot Size: 50.80 x 103.17 Feet
  • Age: 100+ Years
  • Basement: Apartment
  • Exterior: Brick Front, Brick
  • Taxes: 8,479 / 2025
  • Zoning: n/a
  • MLS #: X12894010
  • Sewer: Sewer
  • Heat Source: Gas , Forced Air

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.

3 Fridges, 3 Stoves, 3 Dishwashers

Property Details

  • For: For Sale
  • Type: Triplex
  • Style: 2 1/2 Storey
  • Lot: 50.80 x 103.17 Feet
  • Region: Waterloo
  • Hood: Kitchener
  • Zoning: n/a
  • Lot Irreg: Fronting on: North
  • Fronting On: North

Building Details

  • Age: 100+ Years
  • Exterior: Brick Front, Brick
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Interior Features: Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter, Separate Heating Controls, Storage, Water Heater, Water Softener
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 3.00

Property Interior

  • Sqft: 2500-3000 Sqft
  • Bed: 6 +1
  • Bath: 6
  • Kitchen: 3 +1
  • Family Room: No
  • Basement: Apartment
Property Listed by: Trilliumwest Real Estate Brokerage
Virtual Tour: https://unbranded.youriguide.com/unit_a_54_park_st_kitchener_on/

Home Valuation Estimate

What is 54 Park Street, Kitchener, ON worth in today’s Kitchener market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 6-bedroom Triplex with 2500-3000 sq. ft. in Kitchener. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

Property-specific estimate See a valuation range built around this listing’s local profile.
Comparable market context Review how similar nearby homes help frame value.
Buyer and seller guidance Use the estimate as a starting point before an offer or pricing decision.
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Location

  • Address: 54 Park Street
  • Neighborhood: n/a
  • Zip/Postal Code: N2G 1M3
  • Nearby Amenities: Park, Public Transit, Hospital, Library, Rec./Commun.Centre, Golf
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Kazi Hossain

Kazi Hossain

Kazi — Serving the Community for 19 Years!
REALTOR®

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About 54 Park Street, Kitchener, ON N2G 1M3, Kitchener

Located at 54 Park Street, Kitchener, ON in Kitchener, near Victoria St.. This freehold home offers Triplex, ["2 1\/2 Storey"], 6 bedrooms, 6 bathrooms and 2500-3000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Apartment • 3 parking spots • Garage: None • Heating: Gas Forced Air • Cooling: Central Air. Property taxes are approximately $8,479 for 2025. 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 on.

FAQs for 54 Park Street, Kitchener, ON , Kitchener

What are the listing details for 54 Park Street, Kitchener, ON?
54 Park Street, Kitchener, ON is a Triplex for sale in Kitchener, Waterloo. The current list price is $1,150,000. MLS number: X12894010.
How many bedrooms and bathrooms does this home have?
54 Park Street, Kitchener, ON is listed as a Triplex with a ["2 1\/2 Storey"] style, featuring 6+1 bedroom(s) and 6 bathroom(s). The listed interior size range is 2500-3000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 50.80 x 103.17 Feet. The basement is listed as: Apartment. Garage type: None. Total parking: 3 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Forced Air. Cooling is listed as: Central Air. Exterior/construction materials are listed as: Brick Front, Brick.
Where is this property located?
54 Park Street, Kitchener, ON is located in Kitchener. The listed cross street is Victoria St..
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $8,479 / 2025. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.