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$ 9,999,900
Est. payment /mo
Active
96 DUKE Street W Kitchener, ON N2H3W8
17 Beds
17 Baths
11,340 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 11,340 sqft
Price per Sqft $881
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40688427
Bedrooms 17
Originating Board Cornerstone - Waterloo Region
Property Sub-Type Freehold
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. 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:24570)
Location
Province ON
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 35
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://www.benjaminsrealty.com/listings/96-duke-street-west
Listed by BENJAMINS REALTY INC.
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