18 days on market
Virtual Tour360°
$899,900
For Sale

197 Palmer Ave

Kitchener

3 Bed|3 Bath|Yes|18 days on market

$899,900

Buy with Dwelly and Save $8,999

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Home Details

Taxes
$322 / month
Total Parking Spots
3
Driveway
Private
Garage Spaces
0
Furnished
No
Lot Size
40.07 x 90.05 Feet
Move-in Date
FLEXIBLE
Building Age
100+ Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
3
Family Room
Yes
Basement
Apartment, Finished
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick, Vinyl Siding
Zoning
R-5
Sewer
Sewers
Property Type
Triplex
Style
2-Storey
Status
New
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Listing Description

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!

Property History

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Rooms

Room dimensions for 197 Palmer Ave, Kitchener
Bathroom
9 x 872 sqft
Br
12 x 11132 sqft
Kitchen
11 x 15165 sqft
Living
12 x 12144 sqft
Bathroom
7 x 535 sqft
Br
12 x 10120 sqft
Br
18 x 13234 sqft
Kitchen
11 x 10110 sqft
Living
14 x 13182 sqft
Bathroom
7 x 642 sqft
Kitchen
6 x 1590 sqft
Living
11 x 14154 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 197 Palmer Ave is 4758

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$899900
Down Payment$179980
Mortgage Insurance$0
Total Mortgage$719920

Monthly Payment


Mortgage Payment$4436
Property Taxes$321
Maintenance Fees$0
Monthly Payment$4758
$4758
monthly

About 197 Palmer Ave, Kitchener

Located at 197 Palmer Ave , this Kitchener house is available for sale. This property was listed for $899,900 on Fri Nov 08 2024. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Bathroom, Br, Kitchen, Living, Bathroom, Br, Br, Kitchen, Living, Bathroom, Kitchen, Living. This property comes with 3 parking spots.


MLS#: X10415689 · $899,900 · 3 bedroom house in Kitchener