An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today’s tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener’s most convenient and connected locations!
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Listing General Location:
311 - Downtown/Rockway/S. Ward, 3 - Kitchener West
Data was last updated September 7, 2026 at 09:50 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,099,000
Min list price:
$600,000
Max list price:
$2,200,000
Avg days on market:
59
Min days on market:
2
Max days on market:
217
Avg price per sq.ft.:
$341.64
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.