96 Duke Street W Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 3W8
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,560 sqft
Price per Sqft $1,322
MLS Listing ID 40688427
Bedrooms 17
Annual Tax Amount $34,699
Property Sub-Type Multi Family
Property Description
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. Also included is a 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.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning D-4
Rooms
Kitchen 0
Interior
Heating Baseboard
Cooling None
Laundry Shared
Exterior
Parking Features Unassigned,Guest
Roof Type Asphalt
Building
Lot Description Rectangular,City Lot,Library,Park,Place of Worship,Public Parking,Public Transit,Shopping Nearby
Story 2.5
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Virtual Tour https://www.benjaminsrealty.com/listings/96-duke-street-west