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Home ON Kitchener - Cambridge - Waterloo Kitchener 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: X10415689
3
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

Dont 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! (38050019)

Location Description

Courtland Ave

Property Summary

Property Type
Single Family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
40.1 x 90.1 FT|under 1/2 acre
Annual Property Taxes
$3,856.67
Total Parking Spaces
3
Time on REALTOR.ca
7 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
3
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Features
Apartment in basement
Basement Type
N/A (Finished)
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit
Parking
Total Parking Spaces
3

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Bathroom
Bedroom
Kitchen
Living room
Second level
Bathroom
Bedroom
Bedroom
Kitchen
Living room
Lower level
Bathroom
Kitchen
Living room

Land

Lot Features
Frontage
40 ft ,1 in
Land Depth
90 ft ,1 in
Other Property Information
Zoning Description
R-5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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