$949,900

197 Palmer Avenue, Kitchener, Ontario

3

Beds

3

Baths

1,846

Square feet

40783723

MLS® Number

1

Days on Website

For Sale

Listing Type

$949,900 | Downtown/Rockway/S. Ward Kitchener Triplex for Sale at 197 Palmer Avenue Kitchener

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:6289)

Financial and Mortgage

List Price $949,900
Original Price $949,900
Monthly Payment $3,961/month
Get Prequalified
Days on Website 1
Price per square foot $515

197 Palmer Avenue Details

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Construction and Lot

Year Built 1912
Square Footage 1,846
Bedrooms 3
Bathrooms 3.00
Parking Spaces 3
Has Basement Yes
Cooling Central air conditioning, Wall unit
Heating Natural gas Forced air
Exterior Brick, Vinyl siding
# of Stories 2

Exterior of 197 Palmer Avenue

Type Multi-family
Sub-Type Freehold
Amenities Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping

Interior

Fireplace No

Measurements

Square Footage 1,846

Downtown/Rockway/S. Ward Information

About Downtown/Rockway/S. Ward in Kitchener

Address 197 Palmer Avenue
Subdivision Downtown/Rockway/S. Ward
City Kitchener
Province Ontario
Postal Code N2G3P7
Amenities Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Office/Brokerage Chestnut Park Realty Southwestern Ontario Limited

About Condo Complex

Amenities High Traffic Area, Community Centre
Community Features High Traffic Area, Community Centre

Downtown/Rockway/S. Ward Map, Demographics, Characteristics

Book a Viewing of 197 Palmer Avenue and other Downtown/Rockway/S. Ward homes.

See 197 Palmer Avenue and other Downtown/Rockway/S. Ward homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #40783723 197 Palmer Avenue in Downtown/Rockway/S. Ward, Kitchener Ontario, or fill out the form below. Looking for more Downtown/Rockway/S. Ward homes for sale in Kitchener? Our top Kitchener real estate specialists are ready to help you buy or sell in the Downtown/Rockway/S. Ward area. Contact us today!

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