ON
Kitchener
N2H2R7
31 BINGEMAN Street
31 BINGEMAN Street, Kitchener, ON N2H2R7
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Listing Type
Multi Family
Listing Status
Active
41
$850,000

Home Details for 31 BINGEMAN Street

Price
$850,000
Type
Residential Income
Bedrooms
5
Total Bathrooms
3
Year built
1893
Listing #
40815016
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:31684)

Property Features
  • Cooling Information
    • Central Air
    • Ductless
  • Heating Information
    • Forced Air
  • Parking
    • Detached
Listing Courtesy: RED AND WHITE REALTY INC.
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EXIT REALTY COMMUNITY, BROKERAGE
1323 Michigan Ave, Sarnia, ON N7S 4M6
Ken Patterson
License #: 4764511
Associate Broker
Office
519 542 1000
Agent
226 270 1234
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