901 Victoria St N Kitchener, ON

197 Palmer Avenue, Kitchener, Ontario N2G 3P7 (27633668)


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197 Palmer Avenue Kitchener, Ontario N2G 3P7

3 Bedroom 3 Bathroom 1846.09 sqft
Central Air Conditioning, Wall Unit Forced Air

$899,900

Don’t Miss Out on This Prime Investment Opportunity! Legal Triplex with Projected 5%+ Cap Rate in the Heart of the City! This fully updated, cash-flowing triplex is the ideal property for the savvy investor looking to grow their portfolio. Featuring a modern metal roof and zero condo fees, this property has been meticulously gutted and revamped from top to bottom—no detail was spared! Highlighted Upgrades Include: Brand New Windows & Doors for enhanced curb appeal and energy efficiency, Updated Electrical & Plumbing to modern standards, Stylish New Flooring throughout all units, Revamped Bathrooms with contemporary finishes, Each unit offers private entrances and en-suite laundry, creating a highly desirable setup for tenants. With spacious verandas and balconies, residents can enjoy both morning and evening sun in their own outdoor space. This triplex is a must-see for serious investors. Schedule a viewing today and see why this property is the perfect addition to your portfolio! (id:50976)

Property Details

MLS® Number 40675584
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area, Community Centre
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Total 3
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1912
Cooling Type Central Air Conditioning, Wall Unit
Exterior Finish Brick, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1846.09 Sqft
Type Triplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 90 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R-5

https://www.realtor.ca/real-estate/27633668/197-palmer-avenue-kitchener

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Shawn Ramautor
Salesperson

(519) 578-7300
(519) 742-9904

Royal LePage Wolle Realty
71 Weber Street E.
Kitchener, Ontario N2H 1C6

(519) 578-7300
(519) 742-9904
www.wollerealty.com
https://www.facebook.com/WolleRealty
https://twitter.com/WolleRealty

Dave Ramautor
Salesperson

(416) 816-4889
(519) 742-9904

Royal LePage Wolle Realty
71 Weber Street E., Unit B
Kitchener, Ontario N2H 1C6

(519) 578-7300
(519) 742-9904
https://wollerealty.com/

Jean S. Ramautor
Salesperson

(519) 572-5885
(519) 742-9904
www.ramautor.com/

Royal LePage Wolle Realty
71 Weber Street E.
Kitchener, Ontario N2H 1C6

(519) 578-7300
(519) 742-9904
www.wollerealty.com
https://www.facebook.com/WolleRealty
https://twitter.com/WolleRealty

Tracy Sanderson
Salesperson

(519) 578-7300
(519) 742-9904
www.ramautor.com/

Royal LePage Wolle Realty
71 Weber Street E.
Kitchener, Ontario N2H 1C6

(519) 578-7300
(519) 742-9904
www.wollerealty.com
https://www.facebook.com/WolleRealty
https://twitter.com/WolleRealty

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