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197 Palmer Avenue

Kitchener, N2G 3P7
4 Beds
3 Bath
1500-2000 sqft

$897,500

Est. Payment
$3,428/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
TriplexMLS #X12067321New

Price comparison with similar homes in Kitchener

Compared to 2 similar homes
-0.8% Lower
Market Avg. of (2 similar homes)
$905,000

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Client Remarks

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!

About This Property

197 Palmer Avenue, Kitchener, N2G 3P7

Property Type
Triplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Separate Entrance, Finished
Building Size
N/A
Status
In-Active
Property Type
Triplex
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
197 Palmer Avenue, Kitchener, N2G 3P7
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 197 Palmer Avenue

Default Agent

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