197 Palmer Avenue, Kitchener, Ontario N2G 3P7

Listed for:
$949,900
4 beds
3 baths
Listed 17 days ago
Triplex for rent: 197 Palmer Avenue, Kitchener, Ontario N2G 3P7

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Learn more about this property
Listing provided by:
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS® number:
X12487269
Agent:
Lee S. Quaile
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About

Cross Streets: Courtland Ave East. ** Directions: Take Courtland Ave E exit, Right on Palmer Ave. 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:27476)

Property Highlights

MLS® Number
X12487269
Type
Multi-family
Land Size
40.1 x 90.1 FT
Parking Space Total
3

Building

Building Type
Triplex
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
4
Amenities
Public Transit, Place of Worship, Schools, Hospital
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
N/A, N/A (Finished)
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location