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Listed by John Benjamins • BENJAMINS REALTY INC.
$ 11,999,900
Est. payment /mo
Active
96 Duke Street W Kitchener, ON N2H 3W8
UPDATED:
09/26/2024 03:59 PM
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40485381
Originating Board Waterloo Region
Annual Tax Amount $32,939
Property 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 current multi-family building.
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 current multi-family building.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning D-5
Direction Directly across from City Hall and adjacent to Kitchener Central LRT
Rooms
Other Rooms Other
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, Electricity Connected
Waterfront No
Lot Frontage 98.0
Garage No
Building
Lot Description Urban, Rectangular, City Lot
Faces Directly across from City Hall and adjacent to Kitchener Central LRT
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 223170084
Ownership Freehold/None
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