Space
Finished area and layout
- Living Area
- 3,322 sqft
- Above Grade
- 2,597 sqft (Other)
- Below Grade
- 725 sqft (Other)
- Finished Breakdown
- Above 2,597 sqft + Below 725 sqft
- Bedrooms
- 7
- Bathrooms
- 6





Property Snapshot
MLS #40811587
Finished area and layout
Type, style and structure
This 7-bedroom, 6-bathroom multi-family in Kitchener offers 3,322 sqft of living area on a 0.12 ac lot. 2 storeys. The property has lot dimensions of 50.8 x 103.2 FT. The home features radiant heat, forced air, natural gas, other heating, central air conditioning, a apartment in basement, n/a basement, a fireplace.
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:60351)
Cross Streets: Victoria St. ** Directions: Victoria St. to Park St.
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Land, frontage and setting
Price, taxes and monthly charges
Listed by Erin Knight, TrilliumWest Real Estate Brokerage
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Listed by Erin Knight, TrilliumWest Real Estate Brokerage · MLS# 40811587
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.