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197 PALMER Avenue
Kitchener Ontario N2G3P7 Canada

$949,900

Active Listing ID 40783723
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3 bed
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1,846 square feet
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3.00 Bath
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Multi-family

$949,900

Active Listing ID 40783723
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197 PALMER Avenue 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! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning, Wall unit
  • Exterior Finish: Brick, Vinyl siding
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 10/28/2025 6:25:54 PM GMT
Source Updated Date: 12/14/2025 10:00:15 AM GMT

Courtesy of: LEE QUAILE, Broker of Record, Chestnut Park Realty Southwestern Ontario Limited