$899,900 FOR SALE

Triplex

Bedrooms: 3Bathrooms: 3Lot: 40 x 90 ft

197 Palmer Avenue
Kitchener, ON N2G 3P7

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, this property offers impressive income potential with zero condo fees and top-to-bottom renovations. Featuring a modern metal roof, the building has been meticulously upgraded with new windows and doors that enhance curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet modern standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit includes private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies provide residents with their own outdoor spaces, perfect for enjoying both morning and evening sunlight. Move-in ready and designed to attract high-quality tenants, this triplex offers the perfect combination of convenience and charm. Discover why this property is a must-have addition to your portfolio! (id:47423)

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Listed By Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40686506
Last Updated Dec 27, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 311 - Downtown/Rockway/S. Ward
Price History
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Detailed Information
Bedrooms 3
Bathrooms 3
Lot 40 x 90 ft
Amenities Nearby Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area, Community Centre
Equipment Water Heater
Listing Contract Date 2024-12-27
Location Description COURTLAND AVENUE E
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Rental Equipment Water Heater
Structures Porch
Transaction Type For sale
Zoning Description R-5
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1912
Cooling Type Central air conditioning, Wall unit
Exterior Finish Brick, Vinyl siding
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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