54 PARK Street, Kitchener, ON N2G1M3
54 PARK Street, Kitchener, ON N2G1M3
54 PARK Street, Kitchener, ON N2G1M3
54 PARK Street, Kitchener, ON N2G1M3
54 PARK Street, Kitchener, ON N2G1M3
54 PARK Street, Kitchener, ON N2G1M3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 1,150,000
Est. payment | /mo

6 Beds

6 Baths

3,322 SqFt

Save Virtual Tour
$ 1,150,000
Est. payment | /mo
Save Virtual Tour

6 Beds

6 Baths

3,322 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3322

Square Footage 3,322 sqft

Price per Sqft $346

Subdivision 313 - Downtown Kitchener/W. Ward

MLS® Listing ID 40811587

Bedrooms 6

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Freehold

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Forced air, Radiant heat

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://youriguide.com/unit_a_54_park_st_kitchener_on/

Powered by: REALTOR.ca
Listed by TrilliumWest Real Estate Brokerage

Schools and Properties Nearby

Tony & Ledi Real Estate Team

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Tony & Ledi Real Estate Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

54 PARK Street