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Home ON Kitchener - Cambridge - Waterloo Kitchener City Commercial Core
96 DUKE Street W
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96 DUKE Street W $11,999,900
$11,999,900
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96 DUKE Street W
Kitchener, Ontario N2H3W8

MLS® Number: 40485264
17
Bedrooms
17
Bathrooms
11340
Square Feet

Listing Description

Developers and builders, bring your creative vision to downtown Kitchener. This well maintained and carefully managed 17-unit multifamily property (all one bedroom apartments) is set on just over one-half of an acre (.503 acres) directly across from City Hall and beside the Central LRT station. 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 LandPro highlighting this opportunity. Only a 600m walk to the future Waterloo Region transit hub, 400 m to Gaukel and Victoria Park, 750m to the Central library while the arts and entertainment of downtown Kitchener are all on the doorstep. Meanwhile, investors can make use of the excellent holding asset in the 17-unit building which generates solid income as plans are laid. (66555733)

Location Description

Directly across from City Hall and adjacent to Central Kitchener LRT stop

Property Summary

Property Type
Multi-family
Storeys
2.5
Square Footage
11340 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$32,939.62
Total Parking Spaces
35
Time on REALTOR.ca
288 days

Building

Bathrooms
Total
17
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Total Units
17
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park, Place of Worship, Public Transit, Shopping
Parking
Total Parking Spaces
35

Measurements

Square Footage
11340 sqft
Above Grade Finished
7560 sqft
Source: Other
Below Grade Finished
3780 sqft
Source: Other

Land

Lot Features
Frontage
98 ft
Other Property Information
Zoning Description
D-4
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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