The effects of paper properties such as density, air permeability, water vapor transmission rate on the thermal performance of plate-type enthalpy exchanger were experimentally investigated. Papers having different properties were made from the same pulp by calendering or refining. Enthalpy exchanger samples were made from the papers, and were tested according to the standard test procedure (KS B 6879). Effective efficiencies were obtained, which accounted for the air leakage between supply and exhaust streams. Results showed that paper density affected the sensible heat transfer of the samples. Sensible heat transfer increased with density of the paper. It was also shown that effective efficiency of latent heat transfer was approximately the same independent of the samples, which suggests that papers made of the same pulp show similar water vapor transmission characteristics independent of the degree of calendering or refining. Best performance was obtained for the sample having highest paper density and moderate water vapor transmission ratio.