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
$897,500
Instant Estimate Not Available
For Sale
2 days
 on site
$897,500
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
$592
Taxes
$3,857 (2024)
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, this property offers impressive income potential with no condo fees and top-to-bottom renovations. Currently, the triplex features three tenanted units, 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®#: 40714485
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:
Apr 17, 2025
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Instant estimate:
Not Available

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About 197 Palmer Avenue

197 Palmer Avenue is a Kitchener multiplex for sale. 197 Palmer Avenue has an asking price of $897500, and has been on the market since April 2025. This multiplex has 3 beds, 3 bathrooms and is 1516 sqft.

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 reliant on 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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