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Mill Courtland Woodside Park
197 PALMER Avenue
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197 PALMER Avenue $899,900
$899,900
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197 PALMER Avenue
Kitchener, Ontario N2G3P7

MLS® Number: 40686506
3
Bedrooms
3
Bathrooms
1846
Square Feet

Listing Description

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, 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 today’s 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 you’re expanding your portfolio or looking for a turnkey investment, this property is a must-see! (68441947)

Location Description

COURTLAND AVENUE E

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1846 sqft
Subdivision Name
311 - Downtown/Rockway/S. Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1912
Annual Property Taxes
$3,857
Total Parking Spaces
3
Time on REALTOR.ca
86 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Rental Equipment
Water Heater
Structures
Porch
Total Units
3
Heating & Cooling
Cooling
Central air conditioning, Wall unit
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area, Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
3

Measurements

Square Footage
1846 sqft
Above Grade Finished
1516 sqft
Source: Other
Below Grade Finished
330 sqft
Source: Other

Land

Lot Features
Frontage
40 ft
Land Depth
90 ft
Other Property Information
Access
Highway access
Zoning Description
R-5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-804-7200
519-885-1251
REALTOR® Website
Email
Book showing
Chestnut Park Realty Southwestern Ontario Limited
75 King Street South Unit 50A
Waterloo, Ontario N2J1P2
519-804-7200
519-885-1251
Office Website
519-498-5808
519-885-1251
REALTOR® Website
Email
Book showing
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
75 King Street South Unit 50
Waterloo, Ontario N2J1P2
519-804-7200
519-885-1251
Office Website

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