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$897,500 List $897,500 Expired
Sold on: 206 days ago
197 Palmer Avenue
· 3+1
· 3
· 3
· 1500-2000
Listing History
Buy/Sell/Terminated/Expired listing history for 197 Palmer Avenue
Key Facts
Key facts for 197 Palmer Avenue
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 3 parking
MLS #
X12067321
Size
1500-2000 sqft
Basement
Separate Entrance,Finished
Listed on
2025-04-07
Lot size
40 x 90.05
Tax
$3,857 /yr
Days on Market
207
Approximate Age
100+
Maintenance Fee
-
Description
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 no condo fees and top-to-bottom renovations. Currently, the triplex features two tenanted units an...d one vacant unit, providing flexibility for investors or owner-occupants. This property has been meticulously upgraded, starting with a modern metal roof and new windows and doors that boost curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet todays standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit boasts private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies offer outdoor living spaces perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines convenience, charm, and strong income potential. Whether youre expanding your portfolio or looking for a turnkey investment, this property is a must-see!
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Courtesy of: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD