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197 Palmer Avenue Kitchener, Ontario N2G 3P7
MLS# X12067321 - Buy this house, and I'll buy Yours*

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4 Bedroom 3 Bathroom 1500 - 2000 sqft
Wall Unit Forced Air

$897,500

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 no condo fees and top-to-bottom renovations. Currently, the triplex features two tenanted units and one vacant unit, providing flexibility for investors or owner-occupants. This property has been meticulously upgraded, starting with a modern metal roof and new windows and doors that boost curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet todays standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit boasts private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies offer outdoor living spaces perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines convenience, charm, and strong income potential. Whether youre expanding your portfolio or looking for a turnkey investment, this property is a must-see! (id:51158)

Property Details

MLS® Number X12067321
Property Type Multi-family
Amenities Near By Public Transit, Place Of Worship, Schools, Hospital
Community Features Community Centre
Parking Space Total 3

About 197 Palmer Avenue, Kitchener, Ontario


This For sale Property is located at 197 Palmer Avenue Multi-family Triplex, in the City of Kitchener. Nearby amenities include - Public Transit, Place of Worship, Schools, Hospital Multi-family has a total of 4 bedroom(s), and a total of 3 bath(s) . 197 Palmer Avenue has Forced air heating and Wall unit. This house features a Fireplace.

The Basement is Finished and features a Separate entrance.

This Kitchener Triplex's exterior is finished with Brick, Vinyl siding. Also included on the property is a No Garage

The Current price for the property located at 197 Palmer Avenue, Kitchener is $897,500 and was listed on MLS on :2025-04-07 20:47:22. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Age 100+ Years
Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished)
Cooling Type Wall Unit
Exterior Finish Brick, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1500 - 2000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Place Of Worship, Schools, Hospital
Sewer Sanitary Sewer
Size Depth 90 Ft ,1 In
Size Frontage 40 Ft ,1 In
Size Irregular 40.1 X 90.1 Ft
Size Total Text 40.1 X 90.1 Ft
Zoning Description R5

https://www.realtor.ca/real-estate/28132385/197-palmer-avenue-kitchener

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Get More info About:197 Palmer Avenue Kitchener, Mls# X12067321


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