197 PALMER Avenue 311 - Downtown/Rockway/S. Ward, Kitchener, Ontario, CA

Address: 197 PALMER Avenue, Kitchener, Ontario

3 Beds3 Baths1846 sqftStatus: Buy
Price $899,900

Property Overview


Don’t 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! (id:51532)

 

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Property Summary
Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1846.09 sqft
Subdivision Name
311 - Downtown/Rockway/S. Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1912
Building
Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Square Footage
1846.09 sqft
Rental Equipment
Water Heater
Structures
Porch
Heating & Cooling
Cooling
Central air conditioning, Wall unit
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area, Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
3
Land
Other Property Information
Zoning Description
R-5
Features
           Central air conditioning            Wall unit
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Your Home Finance Calculation

Property Price CA $899,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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