$949,900

197 Palmer Avenue, Kitchener, Ontario

4

Beds

3

Baths

1,500

Square feet

X12487269

MLS® Number

For Sale

Listing Type

$949,900 | 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
Price per square foot $633

197 Palmer Avenue Details

Show Less

Construction and Lot

Square Footage 1,500
Bedrooms 4
Bathrooms 3.00
Parking Spaces 3
Parking No Garage
Has Basement Yes
Basement Separate entrance
Foundation Poured Concrete
Cooling Wall unit
Heating Natural gas Forced air
Exterior Brick, Vinyl siding
# of Stories 2

Exterior of 197 Palmer Avenue

Type Multi-family
Amenities Public Transit, Place of Worship, Schools, Hospital

Interior

Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Fireplace No

Measurements

Square Footage 1,500

Information

About in Kitchener

Address 197 Palmer Avenue
City Kitchener
Province Ontario
Postal Code N2G3P7
Amenities Public Transit, Place of Worship, Schools, Hospital
Office/Brokerage CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

About Condo Complex

Amenities Community Centre
Community Features Community Centre

Map, Demographics, Characteristics

Book a Viewing of 197 Palmer Avenue and other homes.

See 197 Palmer Avenue and other homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12487269 197 Palmer Avenue in , Kitchener Ontario, or fill out the form below. Looking for more homes for sale in Kitchener? Our top Kitchener real estate specialists are ready to help you buy or sell in the area. Contact us today!

Request a Showing

Provide a valid email address.
When would you like to view this property?