197 Palmer Avenue, Kitchener, ON, N2G 3P7

$899,900

MLS® # 40675584

Investment For Sale In Mill Courtland Woodside Park, Kitchener, Ontario

$899,900

Property Information:

Don’t Miss Out on This Prime Investment Opportunity! Legal Triplex with Projected 5%+ Cap Rate in the Heart of the City! This fully updated, cash-flowing triplex is the ideal property for the savvy investor looking to grow their portfolio. Featuring a modern metal roof and zero condo fees, this property has been meticulously gutted and revamped from top to bottom—no detail was spared! Highlighted Upgrades Include: Brand New Windows & Doors for enhanced curb appeal and energy efficiency, Updated Electrical & Plumbing to modern standards, Stylish New Flooring throughout all units, Revamped Bathrooms with contemporary finishes, Each unit offers private entrances and en-suite laundry, creating a highly desirable setup for tenants. With spacious verandas and balconies, residents can enjoy both morning and evening sun in their own outdoor space. This triplex is a must-see for serious investors. Schedule a viewing today and see why this property is the perfect addition to your portfolio!

Inclusions: Carbon Monoxide Detector,Smoke Detector,1 Dishwasher, 3 Dryers, 3 Fridges, 3 Stoves, 3 Washers

Exclusions : Tenant's Personal Belongings

Building Features:

  • Floor Space: 1516.09

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1912
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 1846.09 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 90.05 Feet
  • Lot 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
  • Lot Frontage: 40.07 Feet
  • Roof: Metal
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Zoning: R-5
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Royal LePage Wolle Realty

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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