Listed by Trilliumwest Real Estate Brokerage.

54 Park Street is a Triplex, 2 1/2 Storey and is currently for Sale @ $1,150,000. Taxes in 2025 were $8,479.00.

More homes for sale under 1.2M in Kitchener

Fully occupied legal triplex in one of Downtown Kitchener's most sought-after investment pockets, offering an impressive 5. The 2 1/2 Storey on 54 Park Street has 6 bedrooms, 6 bathrooms, and is located on a 103.17 x 50.8 ft loton < .50 acres in the community of .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

The address 54 Park Street was listed for sale (MLS# X12894010) on Monday, March 16, 2026.