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Home ON Kitchener - Cambridge - Waterloo Kitchener Mill Courtland Woodside Park
197 PALMER Avenue
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197 PALMER Avenue $974,900
$974,900
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197 PALMER Avenue
Kitchener, Ontario N2G3P7

MLS® Number: 40602636
3
Bedrooms
3
Bathrooms
1846
Square Feet

Listing Description

$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ 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 (67622538)

Location Description

COURTLAND AVENUE E

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1846 sqft
Subdivision Name
311 - Downtown/Rockway/S. Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1912
Annual Property Taxes
$3,856.67
Total Parking Spaces
3
Time on REALTOR.ca
20 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Rental Equipment
Water Heater
Structures
Porch
Total Units
3
Heating & Cooling
Cooling
Central air conditioning, Wall unit
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area, Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
3

Measurements

Square Footage
1846 sqft
Above Grade Finished
1516 sqft
Source: Other
Below Grade Finished
330 sqft
Source: Other

Land

Lot Features
Frontage
40 ft
Land Depth
90 ft
Other Property Information
Access
Highway access
Zoning Description
R-5
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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