Added 3 months ago
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Type: Triplex
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Style: 2-Storey
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Size: 1500 sqft
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Lot Size: 40.07 x 90.05 Feet
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Age: 100+ years
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Taxes: $3,857 per year
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Days on Site: 2 Days
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Added: Jul 03, 2024 (3 months ago)
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Updated:
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Last Checked: 29 minutes ago
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MLS®#: X9013831
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Listed By: Royal lepage wolle realty
$$$ DONT MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ COMPLETELY UPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is the perfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted and updated! With too many updates to list... here are just a few; NEW WINDOWS, DOORS, ELECTRICAL, PLUMBING, FLOORING, BATHROOMS ETC... this is a MUST-SEE building. All units have private entrances as well as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda or balcony
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Property
Status: Sale
Property Type: Triplex
Style: 2-Storey
Size (sq ft): 1500
Age: 100+
Area: Kitchener
Availability Date: FLEXIBLE
Assessment Amount: $303,000
Assessment Year: 2024
Inside
Bedrooms: 3
Bathrooms: 3
Kitchens: 3
Rooms: 3
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Washrooms: 3
Building
Basement: Apartment
Basement 2: Finished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
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
Highlights
Feature: Hospital
Feature: Library
Feature: Park
Feature: Place Of Worship
Feature: Public Transit
Land
Cross Street: Courtland Ave
Municipality District: Kitchener
Fronting On: West
Parcel Number: 225040144
Pool: None
Sewer: Sewers
Lot Depth: 90.05 Feet
Lot Frontage: 40.07 Feet
Acres: < .50
Zoning: R-5
Additional Media
- Virtual Tour: https://unbranded.youriguide.com/197_palmer_ave_kitchener_on/
Rooms
Room details for 197 Palmer Avenue, Kitchener
| Type | Dimensions | Description |
|---|---|---|
| Bathroom Main | 2.46 x 2.82 | 4 Pc Bath |
| Br Main | 3.41 x 3.65 | |
| Kitchen Main | 4.61 x 3.28 | |
| Living Main | 3.72 x 3.76 | |
| Bathroom 2nd | 1.63 x 2.16 | 4 Pc Bath |
| Br 2nd | 3.18 x 3.61 | |
| Br 2nd | 4.08 x 5.43 | |
| Kitchen 2nd | 3.05 x 3.22 | |
| Living 2nd | 4.01 x 4.35 | |
| Bathroom Lower | 1.70 x 2.05 | 3 Pc Bath |
| Kitchen Lower | 4.72 x 1.98 | |
| Living Lower | 4.29 x 3.39 |
Car-Dependent
- Most errands require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Courtland Avenue Public School
Elementary: PublicSt Bernadette Catholic Elementary School
Elementary: CatholicQueen Elizabeth Public School
Elementary: PublicSt Anne Catholic Elementary School
Elementary: CatholicSuddaby Public School
Elementary: PublicSheppard Public School
Elementary: PublicRosemount - U Turn School
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicEastwood Collegiate Institute
Secondary: PublicSt Mary's High School
Secondary: CatholicCameron Heights Collegiate Institute
Secondary: Public-
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