197 Palmer Avenue

197 Palmer Avenue
197 Palmer Avenue
197 Palmer Avenue
+42
3
 bed
3
 bath
3
 parking
1516 - 1516
 sqft
Triplex
$899,900
Instant Estimate Not Available
For Sale
57 days
 on site
$899,900
Instant Estimate Not Available
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Size
-
Lot size
3608 sqft
Street frontage
S
Possession
-
Price per sqft
$594
Taxes
$3,857 (2024)
Parking Type
-
Style
-
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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, this property offers impressive income potential with no condo fees and top-to-bottom renovations. Currently, the triplex features two tenanted units and one vacant unit, providing flexibility for investors or owner-occupants. This property has been meticulously upgraded, starting with a modern metal roof and new windows and doors that boost curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet today’s standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit boasts private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies offer outdoor living spaces perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines convenience, charm, and strong income potential. Whether you’re expanding your portfolio or looking for a turnkey investment, this property is a must-see!
Broker: Chestnut Park Realty Southwestern Ontario Limited
MLS®#: 40686506
Property details
Parking:
3
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
1516 sqft
Lot front:
40 Ft
Lot depth:
90 Ft
Listed on:
Dec 27, 2024
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Instant estimate:
Not Available

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About 197 Palmer Avenue

197 Palmer Avenue is a Kitchener triplex for sale, near COURTLAND. It has been listed at $899900 since December 2024. This triplex has 3 beds, 3 bathrooms and is 1516-1516 Squa.

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

Transit riders take note, 197 Palmer Ave, Kitchener is only steps away to the closest public transit Bus Stop (Courtland / Palmer) with route Bridge-courtland.

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