ONWaterlooKitchener197 Palmer Avenue
197 Palmer Avenue
Interior view
Interior view
44
Terminated
Triplex

197 Palmer Avenue

Kitchener, ON, N2G 3P7

Triplex
Area
1500-2000 sq.ft
Bed
4
Bedrooms
Bath
3
Bathrooms
Parking
3
Single Garage
Terminated

Property Description

Original Remarks

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 or owner-occupant, this property offers impressive income potential with top-to-bottom renovations. The main floor and upper unit are currently vacant, freshly painted, and ready for immediate possession. The lower unit is tenanted, providing instant income. This property has been meticulously upgraded with a modern metal roof, new windows and doors, and updated electrical and plumbing systems meeting today's standards. Inside, each suite features stylish new flooring, contemporary bathroom finishes, private entrances, and in-suite laundry for ultimate tenant appeal. Outdoor spaces include spacious verandas and balconies, perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines modern convenience, classic charm, and strong income potential. Whether you're looking to expand your portfolio or move into one unit and rent out the others, this is a turnkey investment you won't want to miss!

PROPERTY HISTORY

197 Palmer Avenue

Type:Triplex
Style:2-Storey
Size Range:1500-2000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12487269
Community:-
Days on Market:-
Year Built:-
Age range:100+
Basement:Separate Entrance, Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$4,110.67/yr (2025)
Municipality:Kitchener
Lot Size:40.07 x 90.05 Feet

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