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197 Palmer Ave
Kitchener | | N2G 3P7- 3 + 1
- 3
- 0
$899,900
Est. Mtg $3,051 /mo-
Days on market
197
-
Status
New
Home details
- MLS #:
X11901451
- Property type:
- Triplex
- Style:
- 2-Storey
- Taxes:
- $3,857
- Possession:
- Flexible
- Lot Front:
- 40.07 Feet
- Lot Depth:
- 90.05 Feet
- Basement:
- Finished | Sep Entrance
- 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 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 zero condo fees and top-to-bottom renovations. Featuring a modern metal roof, the building has been meticulously upgraded with new windows and doors that enhance curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet modern standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit includes private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies provide residents with their own outdoor spaces, perfect for enjoying both morning and evening sunlight. Move-in ready and designed to attract high-quality tenants, this triplex offers the perfect combination of convenience and charm. Discover why this property is a must-have addition to your portfolio!.
Extras
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History
Sign in for full access| 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 | 2024-07 | $974,900 | $974,900 | Ter | X8424742 |
| 2024-07 | 2024-11 | $899,900 | $899,900 | Exp | X9013831 |
| 2024-11 | 2024-12 | $899,900 | $899,900 | Ter | X10415689 |
| 2024-12 | 2025-02 | $899,900 | $899,900 | New | X11901451 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2025-03 | 29 Hurst Ave, | $1,325,000 | $1,285,000 | 51 |
| 2025-01 | 14 Kennedy Ave, | $1,049,000 | $1,010,000 | 87 |
| 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 :
Estimated running costs for 197 Palmer Ave
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $3051 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:
Payment calculator
-
Principal and Interest
3051 /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.
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