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Last Updated : 16 Days ago
197 Palmer Avenue, Kitchener, ON,
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197 Palmer Avenue, Kitchener MLS Number: X12067321

Kitchener, Waterloo, ON, N2G 3P7

$897,500

Status: For Sale

  • 3+1 Beds
  • 3 Baths
  • Area : 1500-2000 sqft
  • Property Type: Residential Freehold (Triplex)
  • Property Taxes : $3857.0 (Tax Year:2024)
  • Listing Courtesy : Chestnut Park Realty(Southwestern Ontario) Ltd

197 Palmer Avenue 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 no condo fees and top-to-bottom renovations. Currently, the triplex features two tenanted units and one vacant unit, providing flexibility for investors or owner-occupants. This property has been meticulously upgraded, starting with a modern metal roof and new windows and doors that boost curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet todays standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit boasts private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies offer outdoor living spaces perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines convenience, charm, and strong income potential. Whether youre expanding your portfolio or looking for a turnkey investment, this property is a must-see!

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197 Palmer Avenue Property Facts

Property Type :Residential Freehold
MLS Number :X12067321
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :07 Apr, 2025 (16 Days ago)
Source :Toronto Regional Real Estate Board
Area :Waterloo
Postal Code : N2G 3P7
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197 Palmer Avenue Property Price & Tax Insights

Price : $897,500
Property Taxes :$3857.0
Tax Year :2024

197 Palmer Avenue, Kitchener Property Details

Bedrooms :3 + 1
No. of Rooms :9
Air Conditioning :Wall Unit(s)
Heating :Forced Air
Place of Worship :Yes
Cross Street :Courtland Ave East
Bathrooms :3
Fuel :Gas
Approx Square Footage :1500-2000 sqft
Fireplace/Stove :No

Exterior Information

Exterior Finish :Brick, Vinyl Siding
Parking Space :3
Basement :Separate Entrance

197 Palmer Avenue, Kitchener - Price History

2025-04

07 Apr, 2025

TREB #X12067321

Listed

$897,500

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • $4,548
  • $1,637,097
  • $739,597

197 Palmer Avenue - Location Map and Landmarks

  • St. Mary's General, Waterloo 1.62 km
  • Grand River, Waterloo 3.02 km
  • Cambridge Memorial, Waterloo 14.19 km
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FAQs: 197 Palmer Avenue, Kitchener

  • Q:What is the Area Size of the 197 Palmer Avenue In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 1500-2000 sq. ft and is strategically located in Waterloo. The MLS No of this project is X12067321 and the Project is located in ON, Canada
  • Q: Does this Project 197 Palmer Avenue available for Sale ?

    A: The project 197 Palmer Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 197 Palmer Avenue is Offering?

    A:Square Yards is giving a Cashback of $4,488 if you buy this property from us, however there are several key features offered by the 197 Palmer Avenue. You get 3+1 Beds with 3 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 197 Palmer Avenue?

    A: 197 Palmer Avenue in Waterloo offers a total of 3 parking spaces for residents.
  • Q:How many Beds & Baths available in 197 Palmer Avenue, Waterloo?

    A: 197 Palmer Avenue, Waterloo comes with 3+1 Beds for maximum convenience and space. There are 3 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Waterloo, On?

    A:Waterloo, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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