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.