197 Palmer Avenue, Kitchener, ON, N2G 3P7

MLS® # 40492909

Investment For Sale In Mill Courtland Woodside Park, Kitchener, Ontario

$979,900

Details
Map
Demographics
Street View
Get Directions

Virtual Tour

Advertising

Home Insurance - TD Insurance

Get a home insurance quote online for this $979,900 property in Kitchener

Provided by TD Insurance

197 Palmer Avenue, Kitchener, ON, N2G 3P7

$979,900

Property Information:

$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% CAP RATE $$$ COMPLETELYUPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is theperfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted andupdated! 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 aswell as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda orbalcony

Inclusions: 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
Driveway Parking: Private Drive Triple+ Wide
Floor Space (approx): 1516.09 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: 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

More Detail

Less Detail

Rating:

Notes:

Shawn Ramautor

Sales Representative Royal LePage Wolle Realty , Brokerage*

Office:519.578.7300

Ask about this property

Are you currently working with an agent? No Yes

reCaptcha verification required.

By clicking the submit button you are agreeing to our terms of use and giving us expressed written consent to contact you.

Dave Ramautor

Sales Representative Royal LePage Wolle Realty , Brokerage*

Mobile:416.816.4889

Ask about this property

Are you currently working with an agent? No Yes

reCaptcha verification required.

By clicking the submit button you are agreeing to our terms of use and giving us expressed written consent to contact you.

JEAN RAMAUTOR

Sales Representative Royal LePage Wolle Realty , Brokerage*

Mobile:519.572.5885

My Website

Ask about this property

Are you currently working with an agent? No Yes

reCaptcha verification required.

By clicking the submit button you are agreeing to our terms of use and giving us expressed written consent to contact you.

TRACY SANDERSON

Sales Representative Royal LePage Wolle Realty , Brokerage*

Ask about this property

Are you currently working with an agent? No Yes

reCaptcha verification required.

By clicking the submit button you are agreeing to our terms of use and giving us expressed written consent to contact you.

Market Price Trends

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

Lifestyle
Neighbourhood

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: High

30 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 197 Palmer Avenue , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.1℃

2050

34.7℃

# Hot Days Per Year

Past

2050

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 Storm Risk: High

13 storms expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 197 Palmer Avenue , experiences 11 significant 2-day storms per year, with about 293.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 364mm of precipitation per year.

Precipitation Per Storm

Past

293.3mm

2050

364mm

48-Hour Storms Per Year

Past

2050

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.

More Detail

Less Detail

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

More Detail

Less Detail

197 Palmer Avenue, Kitchener, ON, N2G 3P7 $979,900 MLS® # 40492909

Property Information:

Building Features:

Property Features:

Market Price Trends

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

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

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

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

197 Palmer Avenue, Kitchener, ON, N2G 3P7

Log In

Create an account to:

Create Account

Complete Account Verification