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197 Palmer Avenue Image 1

$897,500

Apr 7Triplex For Sale
bedrooms4bed
washrooms7bath
MLS - #X12067321

197 Palmer Avenue, Kitchener, ON N2G 3P7

2
Similar Homes Found
$905,000
Average Price
-0.8%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Triplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

About 197 Palmer Avenue

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!

Home Overview

Last updated

Apr 7

Virtual tour

None

Basement information

Separate Entrance, Finished

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

--

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Additional Details

Basement:Separate Entrance, Finished
Cooling:Wall Unit(s)
Heating:Forced Air
Parking Features:Private Triple

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 197 Palmer Avenue

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