197 Palmer Avenue, Kitchener, ON, N2G 3P7 - investment for sale | Listing ID 40686506

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

$899,900

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197 Palmer Avenue, Kitchener, ON - Outdoor

197 Palmer Avenue, Kitchener, ON - Outdoor With Deck Patio Veranda With Facade

197 Palmer Avenue, Kitchener, ON - Outdoor With Deck Patio Veranda

197 Palmer Avenue, Kitchener, ON - Outdoor With Deck Patio Veranda With Exterior

197 Palmer Avenue, Kitchener, ON - Indoor Photo Showing Living Room

197 Palmer Avenue, Kitchener, ON - Indoor

197 Palmer Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

197 Palmer Avenue, Kitchener, ON - Indoor Photo Showing Kitchen

197 Palmer Avenue, Kitchener, ON - Indoor Photo Showing Bathroom

197 Palmer Avenue, Kitchener, ON - Indoor Photo Showing Other Room

197 Palmer Avenue, Kitchener, ON - Indoor Photo Showing Laundry Room

197 Palmer Avenue, Kitchener, ON - Outdoor With Exterior

197 Palmer Avenue, Kitchener, ON - Other

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Home Insurance - TD Insurance

Get a home insurance quote online for this $899,900 property in Kitchener

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197 PALMER Avenue, Kitchener, Ontario, N2G 3P7

$899,900

Property Information:

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, this property offers impressive income potential with zero condo fees and top-to-bottom renovations. Featuring a modern metal roof, the building has been meticulously upgraded with new windows and doors that enhance curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet modern standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit includes private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies provide residents with their own outdoor spaces, perfect for enjoying both morning and evening sunlight. Move-in ready and designed to attract high-quality tenants, this triplex offers the perfect combination of convenience and charm. Discover why this property is a must-have addition to your portfolio! (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning, Wall unit

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 3
Bathrooms: 3
Access Type: Highway access
Amenities Nearby: Hospital, Park, Playground, Public Transit, Schools, Shopping
Built in: 1912
Community Features: High Traffic Area, Community Centre
Lot Depth: 90.0 Feet
Lot Frontage: 40.0 Feet
Structure Type: Porch
Zoning: R-5
Sewer: Municipal sewage system
No. of Parking Spaces: 3

Courtesy of: Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Location of 197 PALMER Avenue, Kitchener, Ontario, N2G 3P7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 197 PALMER Avenue , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 197 PALMER Avenue , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past

320.2mm

2050

397.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 197 PALMER Avenue, Kitchener, Ontario, N2G 3P7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,057.62

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.2 %

High school certificate or equivalent

29.38 %

Apprenticeship trade certificate/diploma

5.26 %

College/non-university certificate

20.94 %

University certificate (below bachelor)

0.69 %

University Degree

25.54 %

Commuter

Travel To Work

By Car

78.57 %

By Public Transit

11.65 %

By Walking

3.96 %

By Bicycle

1.98 %

By Other Methods

3.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.48 %

Houses

47.52 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Location of 197 PALMER Avenue, Kitchener, Ontario, N2G 3P7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 197 PALMER Avenue, Kitchener, Ontario, N2G 3P7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

197 PALMER Avenue, Kitchener, Ontario, N2G 3P7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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