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197 Palmer Avenue

Kitchener, ON N2G 3P7
  • $1,050,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 40482774
UPDATED: 44 min ago
$1,050,000
  • 3
    BEDS
  • < 0.5
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,846
    SQFT
  • $569
    $/SQFT
Type:
Single-Family Home
Built:
1912
County:

Description

$$$ DONT MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% CAP RATE $$$ COMPLETELY UPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is the perfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted and updated! With too many updates to listhere are just a few; NEW WINDOWS, DOORS, ELECTRICAL, PLUMBING, FLOORING, BATHROOMS ETC this is a MUST-SEE building. All units have private entrances as well as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda or balcony.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-21T13:22:57.503.
www.foresthillcollingwood.com/homes/143350211
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197 Palmer Avenue Kitchener, ON N2G 3P7

  • Price: $1,050,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 44 min ago
  • MLS #: 40482774
3
Beds
3
Baths
0
½ Baths
< 0.5
Acres
1,846
SQFT
$569
$/SQFT
1912
Built
Neighbourhood:
311 - Downtown/Rockway/S. Ward
County:
Waterloo
Area:
3 - Kitchener West
Property Description
$$$ DONT MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% CAP RATE $$$ COMPLETELY UPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is the perfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted and updated! With too many updates to listhere are just a few; NEW WINDOWS, DOORS, ELECTRICAL, PLUMBING, FLOORING, BATHROOMS ETC this is a MUST-SEE building. All units have private entrances as well as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda or balcony.
Exterior Features

Acres Range < 0.5 Architectural Style Two Story Attached YN No Construction Materials BrickVinyl Siding Crops Included YN No Docking YN No Driveway Parking Private Drive Triple+ Wide Foundation Details Concrete Perimeter Frontage Length 40.07 Frontage Type East Garage YN No Lot Features UrbanRectangularAmple ParkingCity LotHigh Traffic AreaHighway AccessHospitalLibraryMajor HighwayParkPlace Of WorshipPlayground NearbyPublic TransitRail AccessRec./Community CentreSchoolsShopping Nearby Open Parking Spaces 3 Open Parking YN Yes Parking Total 3 Property Attached Detached Roof Metal Waterfront YN No

Interior Features

Above Grade Finished Area 1516.09 Appliances Water Heater Basement Separate EntranceFullFinished Bathrooms Total 3 Beds Above Grade 3 Beds Below Grade 0 Below Grade Finished Area 330 Cooling Central Air Cooling YN No Fireplace YN No Heating Forced AirNatural Gas Heating YN Yes Kitchens Total 3 Main Level Bedrooms 1 Room Count 16

Property Features

Assessment Year 2023 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Courtland Exclusions Tenant's Personal Belongings Inclusions Smoke Detector1 Dishwasher3 Dryers3 Fridges3 Stoves3 Washers Laundry Features Lower LevelMain LevelMultiple LocationsUpper Level Licensed Dwelling YN No Lot Depth 90.05 New Construction YN No Property Sub Type Single Family Residence Security Features Smoke DetectorSmoke Detector(S) Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Under Contract Hot Water Heater Water Source Municipal Year Built Details Town Records Zoning R-5

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Shawn Ramautor of Royal Lepage Wolle Realty.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-21T13:22:57.503.
 
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Forest Hill Real Estate Collingwood
114 Ontario Street
Collingwood ON, L9Y 1M3