197 Palmer Avenue

197 Palmer Avenue
197 Palmer Avenue
197 Palmer Avenue
+42
3
 bed
3
 bath
3
 parking
1516
 sqft
Multiplex
* This unit size is calculated from property.ca data
$949,900
Instant Estimate Not Available
For Sale
36 days
 on site
$949,900
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
1516 sqft
Lot size
3608 sqft
Street frontage
-
Possession
-
Price per sqft
$627
Taxes
$4,110.67 (2025)
Parking Type
-
Style
Other
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Description
Don’t miss this exceptional opportunity to own a cash-flowing, fully updated legal triplex in the heart of the city. Perfect for the savvy investor or owner-occupant, this property offers impressive income potential with top-to-bottom renovations. The main floor and upper unit are currently vacant, freshly painted, and ready for immediate possession. The lower unit is tenanted, providing instant income. This property has been meticulously upgraded with a modern metal roof, new windows and doors, and updated electrical and plumbing systems meeting today’s standards. Inside, each suite features stylish new flooring, contemporary bathroom finishes, private entrances, and in-suite laundry for ultimate tenant appeal. Outdoor spaces include spacious verandas and balconies, perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines modern convenience, classic charm, and strong income potential. Whether you’re looking to expand your portfolio or move into one unit and rent out the others, this is a turnkey investment you won’t want to miss!
Broker: Chestnut Park Realty Southwestern Ontario Limited
MLS®#: 40783723
Property details
Parking:
3
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
1516 sqft
Lot front:
40 Ft
Lot depth:
90 Ft
Listed on:
Oct 28, 2025
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Instant estimate:
Not Available

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About 197 Palmer Avenue

Located at 197 Palmer Avenue, this Kitchener multiplex is available for sale. It was listed at $949900 in October 2025 and has 3 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

If you are looking for transit, don't fear, 197 Palmer Ave, Kitchener has a public transit Bus Stop (Courtland / Palmer) only steps away. It also has route Bridge-courtland close by.

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