54 PARK Street, Kitchener, Ontario, N2G 1M3

MLS® # 40811587

Investment For Sale In Victoria Park, Kitchener, Ontario

$1,150,000

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Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Living Room

Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Living Room With Fireplace

Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

Unit A - 54 Park Street, Kitchener, ON - Indoor

Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Main floor 2 pc -Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Primary Bedroom Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bedroom

Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bedroom

Primary Bath Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Second Bedroom Unit A - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bedroom

Unit A main Bath - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Unit A Laundry - 54 Park Street, Kitchener, ON - Indoor Photo Showing Laundry Room

Unit A Office/ 3rd bedroom - 54 Park Street, Kitchener, ON - Indoor

Unit A - 54 Park Street, Kitchener, ON - With Exterior

Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Kitchen

Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Living Room With Fireplace

Unit B - 54 Park Street, Kitchener, ON - Indoor

Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Living Room

Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bedroom

Bath 2 Unit B - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Unit B Main Bathroom with bedroom and hall entry - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Unit B Main Bath - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Unit B- Bedroom 2 with ensuite bathroom - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bedroom

Unit B Bedroom 2 - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bedroom

Unit B back entry - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Unit B entry, laundry to bathroom and back bedroom - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Unit B - Side Entry Acess - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Unit B- second entrance at back - 54 Park Street, Kitchener, ON - Outdoor

Unit B - 54 Park Street, Kitchener, ON - Outdoor

Unit C - 54 Park Street, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

Unit C - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Unit C - 54 Park Street, Kitchener, ON - Indoor Photo Showing Bathroom

Unit C Bedroom - 54 Park Street, Kitchener, ON - Indoor Photo Showing Other Room

Unit C - 54 Park Street, Kitchener, ON - Indoor Photo Showing Laundry Room

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54 PARK Street, Kitchener, Ontario, N2G 1M3

$1,150,000

Property Information:

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:27)