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Front of 197 Palmer Avenue

197 Palmer Avenue

Kitchener
Terminated
1/40
Ontario Real Estate › Kitchener
Front of 197 Palmer Avenue

197 Palmer Avenue

Kitchener
Terminated
See all 40 photos
MultiplexMLS X10415689
Last asked:Terminated Dec 11, 2024
$899,900
3 Bedrooms
3 Bathrooms
3 Parking
1.5K~2K Sq.Ft.
40.07 x 90.05 ft Lot
$3,857 Tax/yr

Property history

$899,900first asked
$839,900last asked
▼ 7%since November
NovAprOctApr
ExpiredApr 6, 2026
$839,900MLS® X12665904
Listed for saleJan 6, 2026
$839,900MLS® X12665904
TerminatedJan 2, 2026
$949,900MLS® X12487269
Listed for saleOct 29, 2025
$949,900MLS® X12487269
ExpiredJun 7, 2025
$897,500MLS® X12067321
Listed for saleApr 7, 2025
$897,500MLS® X12067321
ExpiredMar 27, 2025
$899,900MLS® X11901451
Listed for saleDec 27, 2024
$899,900MLS® X11901451
TerminatedDec 11, 2024
$899,900MLS® X10415689
Listed for saleNov 8, 2024
$899,900MLS® X10415689
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

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About this home

197 Palmer Avenue, Kitchener

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!

HospitalLibraryParkPlace Of WorshipPublic Transit

Facts & features

TypeMultiplex
Style2-storey
Built100+
Size1.5K~2K Sq.Ft.
Lot40.07 x 90.05 ft
Tax$3,857 (2024)
HeatingForced air, gas
CoolingCentral air
BasementApartment, finished
Parking3 drive
WaterMunicipal

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Rooms

12 rooms · 3 bathrooms
Main floor4 rooms
  • Bathroom9′3″ × 8′1″75 sq.ft.
  • Bedroom12′ × 11′2″134 sq.ft.
  • Kitchen10′9″ × 15′1″163 sq.ft.
  • Living room12′4″ × 12′2″151 sq.ft.
Second floor5 rooms
  • Bathroom7′1″ × 5′4″38 sq.ft.
  • Bedroom11′10″ × 10′5″124 sq.ft.
  • Bedroom17′10″ × 13′5″238 sq.ft.
  • Kitchen10′7″ × 10′106 sq.ft.
  • Living room14′3″ × 13′2″188 sq.ft.
Lower level3 rooms
  • Bathroom6′9″ × 5′7″38 sq.ft.
  • Kitchen6′6″ × 15′6″101 sq.ft.
  • Living room11′1″ × 14′1″157 sq.ft.
Bathrooms3
4-pcMain4-pcSecond3-pcLower
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Around this home

Courtland Ave
6Walking

Schools nearby

School rating, out of 10.

Cameron Heightssecondary · Public · 0.5 km
7.5/10
St Bernadetteelementary · Private · 1.1 km
2.7/10
Sheppardelementary · Public · 1.1 km
6.0/10

Listing details

MLS® numberX10415689
Listed onNov 8, 2024
Days on market33
UpdatedDec 11, 2024
Listing brokerageROYAL LEPAGE WOLLE REALTY
PossessionFlexible

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