Diamond Manor Apartment

address icon 197 PALMER Avenue Kitchener Ontario

FEATURED For Sale Date icon Apr 18, 2025

Description

Don???t 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 three tenanted units, 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 today???s 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 you???re expanding your portfolio or looking for a turnkey investment, this property is a must-see!

General info

  • MLS Listing ID 40714485

  • Bedrooms 3

  • Bathrooms 3

  • Year built 1912

  • Heating Forced air

  • Cooling Type Central air conditioning, Wall unit

  • Basement Full (Finished)

Listed BY: LEE S. QUAILE, Chestnut Park Realty Southwestern Ontario Limited

Location

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