197 Palmer Avenue, Kitchener, Ontario

$949,900

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3

Beds

3

Baths

1,846

Square feet

About 197 Palmer Avenue

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)

Features of 197 Palmer Avenue

Listing # 40783723
Price $949,900
Bedrooms 3
Bathrooms 3.00
Square Footage 1,846
Acres 0.00
Year Built 1912
Type Multi-family
Sub-Type Freehold

Community Information

Address 197 Palmer Avenue
Subdivision 311 - Downtown/Rockway/S. Ward
City Kitchener
Province Ontario
Postal Code N2G3P7

Amenities

Amenities Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning, Wall unit
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick, Vinyl siding

Listing Details

OfficeChestnut Park Realty Southwestern Ontario Limited

Listing Map

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