For Sale

197 Palmer Avenue, Kitchener, Ontario N2G3P7

$899,900

197 Palmer Avenue, Kitchener, Ontario N2G3P7 is For Sale and has a listing price of 899,900. The property is located in the Mill Courtland Woodside Park neighbourhood. It's been on the website for 34 Days.

  • Single Family
    Property Type
  • Triplex
    Building Type
  • 4
    Bedrooms
  • 3
    Bathrooms
  • 3
    Parking Spaces
  • MLS ID: X11901451
  • Office Name CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Property Description

Dont 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:43137)

Property Details
  • Bedrooms: 4
  • MLS ID: X11901451
  • Bathrooms: 3
  • Price: $899,900
  • Transaction Types: For Sale
  • Ref ID: 27755574
  • Year Built: N/A
  • Building Type: Triplex
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
12/27/2024 X11901451 $899,900 For Sale - -
12/27/2024 40686506 $899,900 For Sale - -
11/08/2024 X10415689 Terminated 03/31/2025 -
11/08/2024 40675584 $899,900 For Sale - -
07/05/2024 X9013831 Expired 11/03/2024 -
07/03/2024 40614672 $899,900 For Sale - -
06/10/2024 X8424742 Terminated 10/07/2024 -
06/10/2024 40602636 $974,900 For Sale - -
10/04/2023 40495293 $1,600 - -
09/29/2023 40492909 $979,900 For Sale - -
40482773 $1,050,000 - -
40482774 $1,050,000 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mill Courtland Woodside Park
  • $807,058 Average List Price
    based on 1 year
  • 65 New Listings
    based on 30 days
  • 85 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.98 % Below
  • Sold (12mo) 12
  • Rented (12mo) 3

  • 1 Month Change -32.5%
  • 3 Month Change -34.5%
  • 6 Month Change +9.2%
Walkscore
Property Type Distribution
  • All Houses
    83.09%
  • Commercial
    6.39%
  • Condo
    9.59%
  • Land for Sale
    0.93%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Cooling System Wall Unit
  • Total Parking Spaces: 3
  • Basement Separate Entrance
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/12/2024 00:00:00
  • Zoning R10
  • Agent Name: LEE S. QUAILE
  • Last Updated: 27/12/2024 20:08:21
Open House Dates
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