31 Bingeman Street Kitchener, Ontario N2H 2R7

7 Bedroom 4 Bathroom 2,500 - 3,000 ft2
Central Air Conditioning Forced Air, Radiant Heat, Not Known

$850,000

Looking for a mortgage helper, turnkey income property, long-term investment, development opportunity or triple garage right in the heart of Kitchener? Then 31 Bingeman is worth exploring! This well-maintained triplex offers three large, bright and spacious units with attractive layouts that appeal to both owners and tenants alike. Live in one unit - offset the mortgage with the other 2! Each unit is separately metered for hydro, plus huge detached garage with hydro too- great for workshop, extra vehicles, additional rental income, hobby space, potential storage, etc - so many possibilities! In addition to a great house-hack opportunity, savvy investors will love this for a stable multi-residential property in a growing market. Situated on a large 8,999 sq ft lot, the property offers tons of parking, and long-term upside as the city continues to grow. For those seeking larger development potential and income - let your imagination fly! The generous lot size also presents potential future opportunities such accessory dwelling unit/sever and multiplex/ further residential development etc. Located close to transit, shopping, restaurants, key amenities. Just around the corner from Centre in the Square and Kitchener public Library, quick walk to LRT City Hall Station and Brubacher Green Park. This versatile property offers good current income with exciting future potential. Must see! (id:62383)

Property Details

MLS® Number X12986430
Property Type Multi-family
Parking Space Total 9

Building

Bathroom Total 4
Bedrooms Above Ground 7
Bedrooms Total 7
Age 100+ Years
Appliances Water Meter
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Aluminum Siding
Foundation Type Block
Heating Fuel Natural Gas, Other
Heating Type Forced Air, Radiant Heat, Not Known
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 136 Ft
Size Frontage 66 Ft
Size Irregular 66 X 136 Ft
Size Total Text 66 X 136 Ft

https://www.realtor.ca/real-estate/29591234/31-bingeman-street-kitchener

Contact Us

Contact us for more information

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Jason Baronette
Salesperson

(833) 322-9934
redandwhiterealty.com/

Red And White Realty Inc
21 Clear Lake Road
Emsdale, Ontario P0A 1J0

(833) 322-9934

Suzanne Denomme
Broker

(519) 885-0200
(519) 574-2996
www.homeswithsue.com/

RE/MAX Twin City Realty Inc.
83 Erb Street W Unit B
Waterloo, Ontario L0S 1J0

(519) 885-0200
(519) 885-4914

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