96 Duke Street W Kitchener, Ontario N2H 3W8
$9,999,900
Kitchener-Waterloo is growing, with record-setting population growth in 2024, and a diverse local economy powered by top academic institutions. 96 Duke Street West, is downtown Kitchener’s premier development site opportunity. Featuring over a half-acre rectangular site (.503) located adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future all-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Ask for a copy of our land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are laid. Join the growth of Waterloo Region and develop an investment location that offers many directions. For a complete list of the rent roll and further information on the property contact the brokerage directly. (id:50886)
Property Details
| MLS® Number | 40688427 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit, Shopping |
| ParkingSpaceTotal | 35 |
Building
| BathroomTotal | 17 |
| BedroomsTotal | 17 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| SizeInterior | 11340 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 98 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | D-4 |
https://www.realtor.ca/real-estate/27777894/96-duke-street-w-kitchener
Interested?
Contact us for more information
John Benjamins
Salesperson
26 River Valley Drive
Kitchener, Ontario N2C 2V6
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January 08 2025 03:34:14
Kitchener-Waterloo Association of REALTORS®
Benjamins Realty Inc.