Brokered by: Chestnut Park Realty Southwestern Ontario Limited
MLS®: 40783723 (Freehold)
Price: $949,900.00
Address: 197 PALMER Avenue, Kitchener FOR SALE Subdivision: 311 - Downtown/Rockway/S. Ward Postal Code: N2G3P7 Style: Type: Multi-family Triplex Bedrooms: 3 Bathrooms: 3 Lot Size: 40 ft x 90 ft Stories: 2
About 197 Palmer Avenue
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 or owner-occupant, this property offers impressive income potential with top-to-bottom renovations. The main floor and upper unit are currently vacant, freshly painted, and ready for immediate possession. The lower unit is tenanted, providing instant income. This property has been meticulously upgraded with a modern metal roof, new windows and doors, and updated electrical and plumbing systems meeting today’s standards. Inside, each suite features stylish new flooring, contemporary bathroom finishes, private entrances, and in-suite laundry for ultimate tenant appeal. Outdoor spaces include spacious verandas and balconies, perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines modern convenience, classic charm, and strong income potential. Whether you’re looking to expand your portfolio or move into one unit and rent out the others, this is a turnkey investment you won’t want to miss! (id:56071). Get more information on 197 Palmer Avenue
Property Features
Rental Equipment: Water Heater Directions: COURTLAND AVENUE E Zoning Description: R-5 Interior Size: 1846 sqft Community Features: High Traffic Area, Community Centre Access: Highway access Lot: under 1/2 acre Exterior Finish: Brick, Vinyl siding Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / Central air conditioning, Wall unit Age: 1912 Constructed Date: 1912 Basement: Full (Finished) Finished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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