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Home ON Kitchener - Cambridge - Waterloo Kitchener Mill Courtland Woodside Park
197 PALMER AVENUE
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197 PALMER AVENUE $897,500
$897,500
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197 PALMER AVENUE
Kitchener, Ontario N2G3P7

MLS® Number: X12067321
3 + 1
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

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! (40199706)

Location Description

Courtland Ave East

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
40.1 x 90.1 FT
Age Of Building
100+ years
Annual Property Taxes
$3,857
Parking Type
No Garage
Time on REALTOR.ca
16 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Cooling
Wall unit
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Public Transit, Place of Worship, Schools, Hospital
Parking
Parking Type
No Garage
Total Parking Spaces
3

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
40 ft ,1 in
Land Depth
90 ft ,1 in
Other Property Information
Zoning Description
R5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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