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197 Palmer Avenue, Kitchener, ON, N2G 3P7

MLS® # 40675584
Investment For Sale In Mill Courtland Woodside Park, Kitchener, Ontario
$899,900
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
Virtual Tour
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
197 Palmer Avenue, Kitchener, ON
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ACTIVE
197 Palmer Avenue, Kitchener, ON, N2G 3P7
$899,900

Property Information:

Don’t 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!

Inclusions: Carbon Monoxide Detector,Smoke Detector,1 Dishwasher, 3 Dryers, 3 Fridges, 3 Stoves, 3 Washers

Exclusions : Tenant's Personal Belongings

Building Features:

  • Floor Space: 1516.09

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1912
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 1846.09 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 90.05 Feet
  • Lot Features: Rectangular, Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 40.07 Feet
  • Roof: Metal
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Zoning: R-5
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 197 Palmer Avenue, Kitchener, ON, N2G 3P7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 197 Palmer Avenue , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 197 Palmer Avenue , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 197 Palmer Avenue, Kitchener, ON, N2G 3P7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,057.62

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.2 %

High school certificate or equivalent

29.38 %

Apprenticeship trade certificate/diploma

5.26 %

College/non-university certificate

20.94 %

University certificate (below bachelor)

0.69 %

University Degree

25.54 %

Commuter

Travel To Work

By Car

78.57 %

By Public Transit

11.65 %

By Walking

3.96 %

By Bicycle

1.98 %

By Other Methods

3.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.48 %

Houses

47.52 %

Own Vs. Rent

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