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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$899,900
Available - For Sale
Listing ID: X10415689
197 Palmer Ave , Kitchener, N2G 3P7, Ontario


Dont 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!
Price $899,900
Taxes: $3856.67
Assessment: $303000
Assessment Year: 2024
Address: 197 Palmer Ave , Kitchener, N2G 3P7, Ontario
Lot Size: 40.07 x 90.05 (Feet)
Acreage: < .50
Directions/Cross Streets: Courtland Ave
Rooms: 3
Bedrooms: 3
Bedrooms +:
Kitchens: 3
Family Room: N
Basement: Apartment, Finished
Approximatly Age: 100+
Property Type: Triplex
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Hospital, Library, Park, Place Of Worship, Public Transit
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WOLLE REALTY
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416-548-7854
Fax:
416-981-7184
 
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At a Glance:
Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style: 2-Storey
Lot Size: 40.07 x 90.05(Feet)
Approximate Age: 100+
Tax: $3,856.67
Maintenance Fee: $0
Beds: 3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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