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197 Palmer Ave
Kitchener | | N2G 3P7- 3
- 3
- 0
$899,900
Est. Mtg $3,051 /mo-
Days on market
13
-
Status
New
Home details
- MLS #:
X10415689
- 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 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!.
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 | 2024-11 | $899,900 | $899,900 | New | X10415689 |
Comparables
Sign in for full access| 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 :
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:
-
Hospital
-
Library
-
Park
-
Place Of Worship
-
Public Transit
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.
P2 Realty Brokerage
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