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$ 850,000
Est. payment | /mo
7 Beds
4 Baths
$ 850,000
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X12986430
Style 2-Storey
Bedrooms 7
Annual Tax Amount $6,281
Tax Year 2025
Property Sub-Type Triplex
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!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Partially Finished
Kitchen 3
Interior
Interior Features None
Cooling Central Air, Other
Exterior
Garage Spaces 3.0
Pool None
Roof Type Shingles
Lot Frontage 66.0
Lot Depth 136.0
Total Parking Spaces 9
Building
Building Age 100+
Foundation Concrete Block
Others
Senior Community Yes
ParcelsYN Yes
Listed by Red And White Realty Inc
Schools and Properties Nearby
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