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Listed price in listed location currency (CAD).
$949,900

333

MLS® 40783723

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1516 sqft
Garage No
Taxes $4,111
Days Active 7
Lot Size 
Approx. Age 1912
Avg. Price Per Sqft $626
MLS® Number 40783723

Property Address: 197 Palmer Ave, Kitchener, ON, N2G3P7

Average square foot calculated using Size range provided by listing agent.

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 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!
MLS® Number40783723
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1912
BasementSeparate Entrance, Full, Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

None, 1 Dishwasher, 3 Fridges, 3 Stoves, 3 Washers, 3 Dryers

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Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 28, 2025List Date
$949,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
197 Palmer Ave, Kitchener, ON

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