197 Palmer Ave

197 Palmer Ave
197 Palmer Ave
197 Palmer Ave
+37
3
 bed
3
 bath
3
 parking
1500 - 2000
 sqft
Triplex
$899,900
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$899,900
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Size
-
Lot size
335.19 sqm
Street frontage
W
Possession
FLEXIBLE
Price per sqm
$4,838 - $6,474
Taxes
$3,856.67 (2024)
Parking Type
-
Style
2-Storey
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Description
Dont Miss Out on This Prime Investment Opportunity! Legal Triplex with Projected 5%+ Cap Rate in the Heart of the City! This fully updated, cash-flowing triplex is the ideal property for the savvy investor looking to grow their portfolio. Featuring a modern metal roof and zero condo fees, this property has been meticulously gutted and revamped from top to bottom - no detail was spared! Highlighted Upgrades Include: Brand New Windows & Doors for enhanced curb appeal and energy efficiency, Updated Electrical & Plumbing to modern standards, Stylish New Flooring throughout all units, Revamped Bathrooms with contemporary finishes, Each unit offers private entrances and en-suite laundry, creating a highly desirable setup for tenants. With spacious verandas and balconies, residents can enjoy both morning and evening sun in their own outdoor space. This triplex is a must-see for serious investors. Schedule a viewing today and see why this property is the perfect addition to your portfolio!

EXTRAS:
Broker: ROYAL LEPAGE WOLLE REALTY
MLS®#: X10415689
Property details
Parking:
3
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
139-186 sqm
Lot front:
12.19 M
Lot depth:
27.43 M
Listed on:
Nov 9, 2024
Show all details
Rooms
LevelNameSizeFeatures
Main
Bathroom
0.9 x 0.8 m
4 Pc Bath
Main
Br
1.1 x 1.0 m
Main
Kitchen
1.0 x 1.4 m
Main
Living
1.1 x 1.1 m
2nd
Bathroom
0.7 x 0.5 m
4 Pc Bath
2nd
Br
1.1 x 1.0 m
2nd
Br
1.7 x 1.2 m
2nd
Kitchen
1.0 x 0.9 m
2nd
Living
1.3 x 1.2 m
Lower
Bathroom
0.6 x 0.5 m
3 Pc Bath
Lower
Kitchen
0.6 x 1.4 m
Lower
Living
1.0 x 1.3 m
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Instant estimate:
orto view instant estimate
$44,098
lower than listed price
i
High
$873,696
Mid
$855,802
Low
$799,884
Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X10415689
Listed by ROYAL LEPAGE WOLLE REALTY

About 197 Palmer Ave

Located at 197 Palmer Ave, this Kitchener triplex is available for sale. It has been listed at $899900 since November 2024. This 1500-2000 sqft triplex 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 triplex.

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.