197 Palmer Avenue

197 Palmer Avenue
197 Palmer Avenue
197 Palmer Avenue
+45
3+1
 bed
3
 bath
3
 parking
1500 - 2000
 sqft
Triplex
$839,900
For Sale
1 day
 on site
$839,900
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Size
-
Lot size
3608 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$420 - $560
Taxes
$4,110.67 (2025)
Parking Type
-
Style
2-Storey
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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) LTD
MLS®#: X12665904
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:
Jan 6, 2026
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Instant estimate:
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$20,354
lower than listed price
i
High
$836,682
Mid
$819,546
Low
$765,997
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About 197 Palmer Avenue

197 Palmer Avenue is a Kitchener triplex for sale. It has been listed at $839900 since January 2026. 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.

For those residents of 197 Palmer Ave, Kitchener without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Courtland / Palmer) and is only steps away connecting you to Kitchener's public transit service. It also has route Bridge-courtland nearby.