31 BINGEMAN STREET, Kitchener, ON N2H2R7
31 BINGEMAN STREET, Kitchener, ON N2H2R7
31 BINGEMAN STREET, Kitchener, ON N2H2R7
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$999,000
Est. payment /mo
7 Beds
4 Baths
2,500 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500 - 3000

Square Footage 2,500 sqft

Price per Sqft $399

MLS® Listing ID X12986430

Bedrooms 7

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air, Radiant heat, ,

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 9

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by Red And White Realty Inc

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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31 BINGEMAN STREET