31 Bingeman Street, Kitchener, ON N2H 2R7
Kitchener, ON, N2H 2R7
About this property
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!
Features & Amenities
- Basement: Partially Finished
- Garage: Detached
- Cooling: Central Air, Other
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 4 |
| Lot Size | 8,999 Feet |
| Basement | Partially Finished |
| Garage | Detached |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air, Other |
| Sewer | Sewer |
| Annual Tax | $6,281 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Aluminum Siding
- Foundation Details
- Concrete Block
- Roof
- Shingles
- Basement
- Partially Finished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air, Other
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 9.00
- Covered Spaces
- 3
Lot & Land
- Lot Size Area
- 8999.00
- Lot Size Units
- Feet
- Lot Depth
- 136.00
- Lot Width
- 66.00
Financial & Tax
- Tax Annual Amount
- $6,281
- Tax Year
- 2025
- Tax Assessed Value
- $463,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Waterloo
- Cross Street
- Lancaster St and Bingeman
- Directions
- Lancaster St to Bingeman
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks
Location
31 Bingeman Street, Kitchener, ON N2H 2R7, Kitchener, ON, N2H 2R7