197 Palmer Avenue

197 Palmer Avenue
197 Palmer Avenue
197 Palmer Avenue
+44
3+1
 bed
3
 bath
3
 parking
1500 - 2000
 sqft
Triplex
$897,500
For Sale
21 days
 on site
$897,500
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Size
-
Lot size
3608 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$449 - $598
Taxes
$3,857 (2024)
Parking Type
-
Style
2-Storey
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Description
Dont 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 todays 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 youre expanding your portfolio or looking for a turnkey investment, this property is a must-see!
Broker: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS®#: X12067321
Property details
Parking:
3
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
40 Ft
Lot depth:
90 Ft
Listed on:
Apr 7, 2025
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Instant estimate:
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$38,120
lower than listed price
i
High
$877,349
Mid
$859,380
Low
$803,228
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About 197 Palmer Avenue

Located at 197 Palmer Avenue, this Kitchener triplex is available for sale. It has been listed at $897500 since April 2025. This 1500-2000 sqft triplex has 3+1 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.

Living in this triplex is easy. There is also Courtland / Palmer Bus Stop, only steps away, with route Bridge-courtland nearby.