$9,999,900
 $53,682 est/mo Sourced by Back At You

96 Duke Street W , Kitchener, ON N2H 3W8

Kitchener, ON N2H 3W8

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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.

Details

MLS#40688427
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site13
Listing Provided ByBENJAMINS REALTY INC. | John Benjamins

Features

Bed(s)17
Bath(s)17
SQ Feet7,560
BasementY
Story(s)2
Units17
ZoningD-4
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

StateON
CountyWaterloo
CityKitchener
Zip CodeN2H 3W8
Area2 Kitchener East
Subarea212 Downtown Kitchener | East Ward
Community Name212 Downtown Kitchener/East Ward
Listing VS Median (in 212 Downtown Kitchener/East Ward)
Price:
$9,999,900
low | high
Med:
$349,000
100% of Average
SqFt:
7,560
low | high
Med:
457
100% of Average
$ / SqFt:
$1,323
low | high
Med:
$764
92.265505806043% of Average
On Site:
13
low | high
Med:
77.000000
16.883116883117% of Average
Sourced by Back At You
Listing Updated: January 8, 2025 at 10:33:40 AM PST