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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,150,000
Available - For Sale
Listing ID: X12894010
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.
Price $1,150,000
Taxes: $8,479
Assessment Year: 2026
Occupancy by: Tenant
Address: 54 Park Street , Kitchener, N2G 1M3, Waterloo
Acreage: < .50
Directions/Cross Streets: Victoria St.
Rooms: 17
Bedrooms: 6
Bedrooms +: 1
Washrooms: 6
Family Room: T
Basement: Apartment
No. of Pieces Level
Washroom 1 2 Main
Washroom 2 3 Main
Washroom 3 3 Second
Washroom 4 3 Basement
Washroom 5 0
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick Front
Brick
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Park
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Trilliumwest Real Estate Brokerage

54 Park Street , Kitchener, N2G 1M3, Waterloo

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2 1/2 Storey
Lot Size: x 103.17(Feet)
Approximate Age: 100+
Tax: $8,479
Maintenance Fee: $0
Beds: 6+1
Baths: 6
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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