ON > Kitchener > 311 - Downtown-Rockway-S. Ward
Kitchener, ON N2G3P7,197 PALMER Avenue
Kitchener, ON N2G3P7,197 PALMER Avenue
Kitchener, ON N2G3P7,197 PALMER Avenue
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$949,900
Est. payment /mo
3 Beds
3 Baths
1,846 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,846 sqft

Price per Sqft $514

Subdivision 311 - Downtown/Rockway/S. Ward

MLS® Listing ID 40783723

Bedrooms 3

Year Built 1912

Property Sub-Type Freehold

Source Cornerstone Association of REALTORS®

Property Description

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:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning, Wall unit

Exterior

Parking Features No

Community Features High Traffic Area, Community Centre

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Chestnut Park Realty Southwestern Ontario Limited

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Aaron MacRae

Aaron MacRae

Agent

+1(403) 852-2260

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197 PALMER Avenue

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