ON > Kitchener
Kitchener, ON N2G 3P7,197 Palmer Avenue
Kitchener, ON N2G 3P7,197 Palmer Avenue
Kitchener, ON N2G 3P7,197 Palmer Avenue
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Isaac Rosebrugh

Isaac Rosebrugh

+1(519) 754-6611
$897,500
Est. payment /mo
3 Beds
3 Baths
1,516 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,516 sqft

Price per Sqft $592

MLS Listing ID 40714485

Bedrooms 3

Abv Grd Liv Area 1,846

Year Built 1912

Annual Tax Amount $3,857

Property Sub-Type Multi-3 Unit

Source Waterloo Region

Property Description

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, this property offers impressive income potential with no condo fees and top-to-bottom renovations. Currently, the triplex features three tenanted units, providing flexibility for investors or owner-occupants. This property has been meticulously upgraded, starting with a modern metal roof and new windows and doors that boost curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet today's standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit boasts private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies offer outdoor living spaces perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines convenience, charm, and strong income potential. Whether you're expanding your portfolio or looking for a turnkey investment, this property is a must-see!

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R-5

Direction COURTLAND AVENUE E

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air, Wall Unit(s)

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Metal

Porch Porch

Lot Frontage 40.07

Lot Depth 90.05

Garage No

Building

Lot Description Rectangular, Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby

Faces COURTLAND AVENUE E

Story 2

Foundation Other

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 225040144

Ownership Freehold/None

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Listed by Chestnut Park Realty Southwestern Ontario Limited

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agent

Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

REALTOR®

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