We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
54 PARK Street, Kitchener
2026-03-16
Quick Summary
MLS®#40811587
Property Description
Fully occupied legal triplex in one of Downtown Kitchenerâs 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 todayâs 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Playground, Public Transit
Building
- Appliances: Water softener
- Basement Development: Partially finished
- Basement Type: Full (Partially finished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Brick Veneer, Concrete, Metal
- Fireplace: No
- Interior Size: 3322 sqft
- Building Type: Triplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Paved driveway
Land
- Land Size: 0.12 ac|under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Structure
- Structure: Shed, Porch
Zoning
- Description: RES-4
Information entered by Bosley Real Estate Ltd.
Listing information last updated on: 2026-06-15 20:34:17
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Over a dozen years licensed as a Sales Representative in Ontario. I have worked with as different ty ...
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