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!
Chestnut Park Realty Southwestern Ontario Limited
$897,500
197 Palmer Avenue, Kitchener, Ontario
3 Bedrooms
3 Bathrooms
1846 Sqft
Property
MLS® Number: 40714485
Address: 197 Palmer Avenue
City: Kitchener
Exterior: Brick, Vinyl Siding
Lot Size: 90.05ft x 40.07ft
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 3
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Property Sale History
Travel and Neighbourhood
82/100Walk Score®
Very Walkable
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Location
