31 Bingeman Street, Kitchener, ON N2H 2R7, Kitchener, ON, N2H 2R7
MLS: X12986430 | Triplex
$999,000
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!
Quick Facts
- Property Type: Triplex
- Style: 2-Storey
- Bedrooms: 7 (7 above)
- Bathrooms: 4
- Parking: 9.0 spaces
- Lot Size: 8,999 sq ft (836.0 m²)
Costs
- Annual Taxes: $6,281.32 (2025)
Listing Provided by: Red And White Realty Inc
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Central Air, Other
- Basement: Partially Finished
Exterior & Construction
- Style: 2-Storey
- Roof: Shingles
- Construction: Brick, Aluminum Siding
- Foundation: Concrete Block
- Sewer: Sewer
Lot & Land
- Lot Size: 8,999 sq ft (836.0 m²)
- Pool: None
Listing Information
Listing History
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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31 Bingeman Street, Kitchener, ON N2H 2R7, Kitchener, ON, N2H 2R7