Triplex, 2-Storey

  • For Sale $979,900
  • Property not available
197 Palmer Ave, Kitchener, ON N2G3P7, Canada

Triplex, 2-Storey

197 Palmer Ave, Kitchener, ON N2G3P7, Canada
  • $979,900 For Sale Property not available

Overview

  • Triplex
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 3.0
  • Parking
  • 1500-2000
  • Sqft
  • 100+
  • Year Built

Description

$$$ don't miss out on this cash cow legal triplex with over 5% cap rate $$$ 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 list here 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

Extra:

  • Address 197 Palmer Ave
  • City Kitchener
  • Province ON
  • Postal Code N2G3P7
  • Community Mill-Courtland
  • Country Canada

Details

Updated on Oct 03, 2023 at 11:39:19
  • MLS#: X7052058
  • Price: $979,900
  • Property Sqft: 1500 - 2000 Sqft
  • Bedrooms: 3
  • Bathrooms: 3
  • Parking Spaces: 3.0
  • Garage Type: None
  • Driveway: Private
  • Year Built/Age: 100+
  • Property Type: Triplex
  • Property Style: 2-Storey
  • Kitchens: 3
  • Maint. Fee: $
  • Tax: $3,333.15
  • Exterior: Brick and Vinyl Siding
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Fireplace:
  • A/C: Central Air
  • Basement: Apartment and Finished
  • Listed By: Royal Lepage Wolle Realty

Additional details

  • Lot Front: 40.07 ft
  • Lot Depth: 90.05 ft
  • Parking_spaces: 3.0

Includes

  • Parking_inc: Yes

Parkings

  • Parking_spaces: 3.0

Rooms

# Level Type Size Description
1 Main Bathroom 8.07 x 9.25 ft 4 Pc Bath
2 Lower Bathroom 5.58 x 6.73 ft 3 Pc Bath
3 Lower Kitchen 15.49 x 6.50 ft
4 Lower Living 14.07 x 11.12 ft
5 Main Bedroom 11.19 x 11.98 ft
6 Main Kitchen 15.12 x 10.76 ft
7 Main Living 12.20 x 12.34 ft
8 2nd Bathroom 5.35 x 7.09 ft 4 Pc Bath
9 2nd Bedroom 10.43 x 11.84 ft
10 2nd Bedroom 13.39 x 17.81 ft
11 2nd Kitchen 10.01 x 10.56 ft
12 2nd Living 13.16 x 14.27 ft
$
Down payment Percentage*
%
%
%
Purchase price Minimum down payment
$500,000 or less
  • 5% of the purchase price
$500,000 to $999,999
  • 5% of the first $500,000 of the purchase price
  • 10% for the portion of the purchase price above $500,000
$1 million or more
  • 20% of the purchase price
Down payment
$
$
$
Mortgage insurance
$
$
$
Total Mortgage Required
$
$
$

Amortization period
Mortgage term
Mortgage rate
%
%
%
Total Mortgage Payment
$
$
$

Land Transfer Tax ( )

Selecty City
Provincial
$
Municipal
$
Rebate
$
Land Transfer Tax
$

Required Cash Expenditures
Down payment
$
$
$
PST on mortgage insurance
$
$
$
Land Transfer Tax
$
Lawyer fees
$
Title insurance
$
Total Cash Required
$
$
$

Mortgage Payment Chart at % Down Payment:

$7,074.33
Monthly
  • Down Payment $5,741.00
  • Mortgage Insurance $250.00
  • Total Mortgage $83.33
  • Land Transfer $1,000.00
  • Mortgage / month $5,741.00
  • Property Tax / month $250.00
  • Maintenance Fee / month $83.33
  • Monthly Total = $7,074.33

Schedule a Tour

Tour Type

Walkscore

Similar Listings

  • $649,900
  • X7048370
  • $649,900
27 - 110 Highland rd e, Kitchener, Mill-Courtland, N2M3S1
  • Beds: 3
  • Baths: 4
  • 2000-2501 sqft
1 year ago
  • $799,900
  • 40491683
  • $799,900
250 Madison avenue s, Kitchener, Mill-Courtland, N2M3H4
  • Beds: 4
  • Baths: 2
  • 2491-2492 sqft
1 year ago
  • $749,900
  • 40487532
  • $749,900
218 Dundas avenue, Kitchener, Mill-Courtland, N2C2Z4
  • Beds: 3
  • Baths: 2
  • 1546-1547 sqft
1 year ago
  • $599,999
  • 40477273
  • $599,999
211 - 399 Queen street s, Kitchener, Mill-Courtland, N2G1W6
  • Beds: 2
  • Baths: 2
  • 978-979 sqft
1 year ago

Compare listings

Compare

SYDENY LU