4 days on Market

197 Palmer Ave, Kitchener, Ontario N2G 3P7

$899,900
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Townhouse
-
3
~1846.09 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$487/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$3,857/yr

Days On Market4 days


Description

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!


Property Details

StyleResidential Income
View-
Age of property1912
SqFt~1846.09 SqFt
Lot Size3,608 SqFt(90.05 x 40.07)
Parking Spaces3
MLS ®Number40675584
Community NameMill Courtland Woodside Park
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air, Wall Unit(s)
Basement: Separate Entrance, Full, Finished

Features

Lot size: 3,608 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Schools and amenities

Estimated Budget