197 PALMER Avenue, Kitchener, Ontario N2G3P7

197 PALMER Avenue
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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 Specifications

Comprehensive breakdown of features and details.

Interior Details

BasementFinished, Full
Bathrooms Total3
Bedrooms Total3
CoolingCentral air conditioning, Wall unit
HeatingForced air, Natural gas
Living Area1846 sqft

Building & Exterior

Exterior FeaturesBrick, Vinyl siding
Number Of Units Total3
Stories2.0
Year Built1912

Land & Location

Community FeaturesHigh Traffic Area, Community Centre
Frontage Length40.0 feet
Subdivision Name311 - Downtown/Rockway/S. Ward

Listing & Financials

Listing OfficeChestnut Park Realty Southwestern Ontario Limited
Originating System NameCornerstone Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total3

For Sale

$839,900

197 PALMER Avenue, Kitchener, Ontario N2G3P7

Beds

3

Baths

3

Living Area

1,846 sqft

Lot Size

-

Property Type

Triplex

Year Built

1912

Listing ID40795670

Location & Map

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