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 |
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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Type: | Freehold - Triplex |
Area: | Waterloo |
Municipality: | Kitchener |
Style: | 2-Storey |
Lot Size: | 40.07 x 90.05(Feet) |
Approximate Age: | 100+ |
Tax: | $3,856.67 |
Beds: | 3 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |