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197 Palmer Avenue, Kitchener, ON N2G 3P7, Kitchener, Ontario

detached · 4 bed · MLS® X12665904

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$839,900

MLS# X12665904

197 Palmer Avenue, Kitchener, ON N2G 3P7

Kitchener, Ontario N2G 3P7

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New Listing· Listed null days on market
About This Property

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 or owner-occupant, this property offers impressive income potential with top-to-bottom renovations. The main floor and upper unit are currently vacant, freshly painted, and ready for immediate possession. The lower unit is tenanted, providing instant income. This property has been meticulously upgraded with a modern metal roof, new windows and doors, and updated electrical and plumbing systems meeting today's standards. Inside, each suite features stylish new flooring, contemporary bathroom finishes, private entrances, and in-suite laundry for ultimate tenant appeal. Outdoor spaces include spacious verandas and balconies, perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines modern convenience, classic charm, and strong income potential. Whether you're looking to expand your portfolio or move into one unit and rent out the others, this is a turnkey investment you won't want to miss!

Property Details

Property Type

Detached Home

Year Built

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Garage

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Basement

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Parking Spaces

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Location

Map View

197 Palmer Avenue, Kitchener, ON N2G 3P7, Kitchener, Ontario

About 197 Palmer Avenue, Kitchener, ON N2G 3P7

This Detached Home at 197 Palmer Avenue, Kitchener, ON N2G 3P7 is listed for sale in Kitchener, Ontario at $839,900.

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Kitchener is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this detached home represents a compelling opportunity in Kitchener's real estate market.

MLS® number X12665904. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

This property is located in:

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Part of Waterloo Region

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$839,900

20% ($167,980)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$4,126

*Principal & Interest only. Does not include taxes or insurance.

Principal$671,920
Total Interest$565,933
Total Cost$1,405,833
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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