197 Palmer Ave

For Sale New 22 hours
$949,900
4 beds
3 baths

197 Palmer Ave

For Sale New 22 hours
$949,900
4 beds
3 baths

Highlights

Key insights

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:63267)

LEE S. QUAILE of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD,
#X12487269
updated 22 hours ago.
Houseful checked MLS® for data 22 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Wall unit
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    3
Interior
  • # full baths
    3
  • # total bathrooms
    3.0
  • # of above grade bedrooms
    4
Location
  • Community features
    Community centre
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12487269
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29043476/197-palmer-avenue-kitchener
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,533

/ Month
25 Years fixed, 20% down payment, % interest
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