96 Duke St W, Kitchener, ON N2H 3W8, Canada
96 Duke St W, Kitchener, ON N2H 3W8, CanadaBasics
- Date added: Added 4 weeks ago
- Category: Residential Income
- Type: Multi Family
- Status: Active
- Bedrooms: 17
- Bathrooms: 17
- Area: 7560 sq ft
- County Or Parish: Waterloo
- MLS ID: 40688427
Description
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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.
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Location
- Parking Total: 35
- Directions: Directly across from City Hall and adjacent to Central Kitchener LRT stop
Building Details
- Number Of Units Total: 17
- Building Area Total: 11340 sq ft
- Number Of Buildings: 0
- Parking Features: Unassigned, Guest
- Construction Materials: Brick
- Roof: Asphalt
Amenities & Features
- Water Source: Municipal
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: Separate Heating Controls
- Heating: Baseboard