96 Duke Street W, Kitchener, Ontario

$9,999,900

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17

Beds

17

Baths

11,340

Square feet

About 96 Duke Street W

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:36535)

Features of 96 Duke Street W

Listing # 40688427
Price $9,999,900
Bedrooms 17
Bathrooms 17.00
Square Footage 11,340
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 96 Duke Street W
Subdivision 212 - Downtown Kitchener/East Ward
City Kitchener
Province Ontario
Postal Code N2H3W8

Amenities

Amenities Park, Place of Worship, Public Transit, Shopping
Parking Spaces 35
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling None
Fireplace No
# of Stories 3
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of JOHN BENJAMINS Of BENJAMINS REALTY INC.

Listing Map