197 Palmer Ave

Kitchener | | N2G 3P7
  • 3
  • 3
  • 0

$974,900

Est. Mtg $3,305 /mo
  • Days on market

    26

  • Status

    New

Listing Broker ROYAL LEPAGE WOLLE REALTY
Since listed: 1 views

Home details

MLS #:

X8424742

Property type:
Triplex
Style:
2-Storey
Taxes:
$3,857
Possession:
FLEXIBLE
Lot Front:
40.07   Feet
Lot Depth:
90.05   Feet
Basement:
Apartment | Finished
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


197 Palmer Ave, , Kitchener, Ontario is a Triplex property in Kitchener and in the community in the N2G 3P7 postal code


$$$ DONT MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ 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.

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2022-10 2022-11 $979,900 $979,900 Ter X5803211
2022-11 2022-12 $1,249,900 $1,249,900 Ter X5815775
2023-03 2023-03 $1,199,000 $1,199,000 Ter X5944613
2023-03 2023-06 $1,099,900 $1,099,900 Ter X5998917
2023-06 2023-07 $1,039,000 $1,039,000 Ter X6622060
2023-09 2023-09 $1,050,000 $1,050,000 Ter X6815306
2023-10 2024-01 $979,900 $979,900 Exp X7052058
2024-06 2024-06 $974,900 $974,900 New X8424742

Comparables

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sold Date Address List Price sold Price DOM
2024-06 301 Wallace Ave S, $624,900 $595,000 25
2024-03 43 Duncan St, $420,000 $360,000 24
2023-04 439 Dorinda St, $449,999 $407,500 19
2022-09 95 Cayuga St, $659,900 $645,000 70
2022-09 81 St George St, $1,190,000 $1,100,000 35
2021-12 102 Cedar St, $699,900 $750,000 12
2021-11 16412 Highway 2 Rd, $580,000 $550,000 52
2021-08 525-527 Niagara Blvd, $1,099,000 $950,000 40

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Kitchener :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 197 Palmer Ave

Based on available 3rd party data

$3762

Approximate costs per month

Mortgage
$3305 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$321 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit
Listing Broker ROYAL LEPAGE WOLLE REALTY
Data Source: TRREB

Payment calculator

$3627 monthly. In association with: TD Bank
%
  • Principal and Interest
    3305 /mo
  • Property Taxes
    $321 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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