Name: 197 PALMER Avenue, Kitchener | MLS® 40783723
SKU: 40783723
Price: 949900.0 CAD
Availability: InStock

$949,900 Sale

Listed 1 day

197 PALMER Avenue

MLS® 40783723 Triplex

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Beds · 3

Baths · 3.0

Parking · 3

Sqft · 1846

Est. mortgage

$3,604/mo

Key Facts

Key facts for 197 PALMER Avenue

Property Type

Apartment, Triplex

Parking

Garage: No, 3 parking

MLS #

40783723

Size

1846 sqft

Basement

Finished, Full (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

1912

Maintenance Fee

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! (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

3.0

Square Footage

1846 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning, Wall unit

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

3.0

Square Footage

1846 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning, Wall unit

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

R-5

Land Amenities

Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

R-5

Land Amenities

Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping

Building Description

Style

Triplex

Home Type

Apartment

Subtype

Triplex

Year Built

1912

Exterior

Brick, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

Triplex

Home Type

Apartment

Subtype

Triplex

Year Built

1912

Exterior

Brick, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Kitchener

Features

High Traffic Area, Community Centre

Area Code

Kitchener

Features

High Traffic Area, Community Centre

Looey Tremblay

Email: [email protected] Cell: 519-241-1230