197 Palmer Avenue
Kitchener
N2G 3P7
$899,900
Residential Income
beds: 3
baths: 3.0
built: 1912
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40614672
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 1912
- Photos (45)
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$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ COMPLETELY UPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is the perfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted and updated! With too many updates to list…here are just a few; NEW WINDOWS, DOORS, ELECTRICAL, PLUMBING, FLOORING, BATHROOMS ETC… this is a MUST-SEE building. All units have private entrances as well as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda or balcony
- Property Type:
- Residential Income
- Property SubType:
- Multi-3 Unit
- Year built:
- 1912 (Age: 112)
- Listing General Location:
- 311 - Downtown/Rockway/S. Ward, 3 - Kitchener West
- Bedrooms:
- 3
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Details:
- 90.05 x 40.07
- Lot Depth:
- 90'1"
- Lot Frontage:
- 40'1"
- Frontage Type:
- West
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Construction:
- Vinyl Siding
- Basement:
- Separate Entrance, Full, Finished
- Foundation:
- Other
- Roof:
- Metal
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 1,846.09 sq. ft.
- Finished Area Above Grade:
- 1,516.09 sq. ft.
- Finished Area Below Grade:
- 330 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In-Suite
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air, Wall Unit(s)
- Heating:
- Forced Air, Natural Gas
- None,1 Dishwasher, 3 Dryers, 3 Fridges, 3 Stoves, 3 Washers
- Dishwasher, Dryer, Refrigerator, Stove, Washer
- Tenant's Personal Belongings
- None
- Porch
- false
- No
- COURTLAND AVENUE E
- No
- HST Applicable To Sale Price:
- Included
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Zoning:
- R-5
- Lot Site Features:
- 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
- Features:
- Crops Included: No, Garage: No, New Construction: No
- # Of Total Parking Spaces:
- 3.0
- # Of Open Parking Spaces:
- 3.0
- Driveway Parking:
- Private Drive Triple+ Wide
- Licensed Dwelling:
- No
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 1
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Listed Date:
- Jul 03, 2024
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Listed by ROYAL LEPAGE WOLLE REALTY
Data was last updated September 19, 2024 at 01:50 AM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $1,024,950
- Min list price:
- $679,000
- Max list price:
- $7,500,000
- Avg days on market:
- 44
- Min days on market:
- 2
- Max days on market:
- 189
- Avg price per sq.ft.:
- $417.1
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations.
- SCOTT WEBER
- ROYAL LEPAGE WOLLE REALTY
- 1 (226) 8685565
- Contact by Email
S
W
Scott Weber
Royal LePage Wolle Realty
Location
71 Weber St E
Kitchener, ON, N2H 1C6