197 Palmer Ave
$899,900
$899,900

197 Palmer Ave

Kitchener, Waterloo $899,900

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3 Beds
3 Baths
1500-2000 sqft
Parking for 3
W Facing
Zoning: R-5
MLS®#:
X10415689
Property Type:
Triplex
Property Style:
2-Storey
Area:
Waterloo
Community:
Taxes:
$3,856.67 / 2024
Added:
November 08 2024
Lot Frontage:
40.07
Lot Depth:
90.05
Status:
Active
Outside:
Brick
Year Built:
100+
Basement:
Apartment Finished
Brokerage:
ROYAL LEPAGE WOLLE REALTY
Lot (Feet):

90

40

Intersection:
Courtland Ave
Rooms:
3
Bedrooms:
3
Bathrooms:
3
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Gas
Bathroom 2.82 x 2.46m
4 Pc Bath
Br 3.65 x 3.41m
Kitchen 3.28 x 4.61m
Living 3.76 x 3.72m
Bathroom 2.16 x 1.63m
4 Pc Bath
Br 3.61 x 3.18m
Br 5.43 x 4.08m
Kitchen 3.22 x 3.05m
Living 4.35 x 4.01m
Bathroom 2.05 x 1.7m
3 Pc Bath
Kitchen 1.98 x 4.72m
Living 3.39 x 4.29m

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!


Property Features

Hospital
Library
Park
Place Of Worship
Public Transit

Sale/Lease History of 197 Palmer Ave

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Neighbourhood

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
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