197 Palmer Avenue, Kitchener | Image 1

197 Palmer Avenue

Kitchener

  • - bed - bath
$XXX,XXX est.*: $3,049/mo
For Sale

Added 16 hours ago

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  • Type: Triplex

  • Style: 2-Storey

  • Lot Size: 40.07 x 90.05 Feet

  • Age: 100+ years

  • Taxes: $3,857 per year

  • Added: Dec 27, 2024 (16 hours ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X11901451

  • Listed By: Chestnut park realty(southwestern ontario) ltd

Dont 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!

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Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2-Storey

  • Age: 100+

  • Area: Kitchener

  • Availability Date: Flexible

Inside

  • Bedrooms: 3

  • Bedrooms Plus: 1

  • Bathrooms: 3

  • Kitchens: 2

  • Kitchens Plus: 1

  • Rooms: 9

  • Den/Family Room: Yes

  • Air Conditioning: Wall Unit

  • Fireplace: No

  • Washrooms: 3

Building

  • Basement: Finished

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 2 PL 239 KITCHENER CITY OF KITCHENER

  • Taxes: $3,857

Land

  • Cross Street: Courtland Ave East

  • Municipality District: Kitchener

  • Fronting On: South

  • Parcel Number: 225040144

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 90.05 Feet

  • Lot Frontage: 40.07 Feet

  • Zoning: R5

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Car-Dependent

  • Most errands require a car.
46 /100

Good Transit

  • Some errands can be accomplished by public transportation.
61 /100

Very Bikeable

  • Most errands can be accomplished on bike.
84 /100
7-8

Courtland Avenue Public School

Elementary: Public
0.64 km
JK-8

St Bernadette Catholic Elementary School

Elementary: Catholic
1.07 km
JK-6

Queen Elizabeth Public School

Elementary: Public
1.13 km
JK-8

St Anne Catholic Elementary School

Elementary: Catholic
1.51 km
JK-6

Suddaby Public School

Elementary: Public
1.38 km
JK-6

Sheppard Public School

Elementary: Public
1.09 km
9-12

Rosemount - U Turn School

Secondary: Public
3.14 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
2.77 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
4.16 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
1.69 km
9-12

St Mary's High School

Secondary: Catholic
2.51 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
0.52 km
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