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Mill Courtland Woodside Park
197 PALMER Avenue
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197 PALMER Avenue $899,900
7 days ago
$899,900
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197 PALMER Avenue
Kitchener, Ontario N2G3P7

MLS® Number: 40675584
3
Bedrooms
3
Bathrooms
1846
Square Feet

Listing 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! (68309252)

Location Description

COURTLAND AVENUE E

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1846 sqft
Subdivision Name
311 - Downtown/Rockway/S. Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1912
Annual Property Taxes
$3,856.67
Total Parking Spaces
3
Time on REALTOR.ca
7 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Rental Equipment
Water Heater
Structures
Porch
Total Units
3
Heating & Cooling
Cooling
Central air conditioning, Wall unit
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area, Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
3

Measurements

Square Footage
1846 sqft
Above Grade Finished
1516 sqft
Source: Other
Below Grade Finished
330 sqft
Source: Other

Land

Lot Features
Frontage
40 ft
Land Depth
90 ft
Other Property Information
Access
Highway access
Zoning Description
R-5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-578-7300
519-742-9904
Email
Book showing
ROYAL LEPAGE WOLLE REALTY
71 Weber Street E.
KITCHENER, Ontario N2H1C6
519-578-7300
519-742-9904
Office Website
416-816-4889
519-742-9904
Email
Book showing
Royal LePage Wolle Realty
71 Weber Street E., Unit B
Kitchener, Ontario N2H1C6
519-578-7300
519-742-9904
Office Website
519-572-5885
519-742-9904
REALTOR® Website
Email
Book showing
ROYAL LEPAGE WOLLE REALTY
71 Weber Street E.
KITCHENER, Ontario N2H1C6
519-578-7300
519-742-9904
Office Website
519-578-7300
519-742-9904
REALTOR® Website
Email
Book showing
ROYAL LEPAGE WOLLE REALTY
71 Weber Street E.
KITCHENER, Ontario N2H1C6
519-578-7300
519-742-9904
Office Website

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