Address
96 Duke Street W, Kitchener, ON
Price
$ 11,999,900
Property Attributes
  • ID#40485264
  • TypeMulti-Family
  • CityKitchener
  • AreaWaterloo
  • NeighbourhoodCity Commercial Core
  • Postal CodeN2H 3W8
  • Style
  • Price$ 11,999,900
  • Bedrooms17
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7560
Data Source:
RLP - CREA EN
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 CityHall 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.

General Features

Zoning D-4
Terms SALE
Parking yes
Inclusions Hot Water Tank Owned
Parking Spaces 35

Interior Features

Bedrooms 17
Beds 17

Exterior Features

Lot Frontage 98.00

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N2H 3W8

Price
AVG $12M
$12M
Visits
AVG 778
779
Data Provided by Inside Real Estate®

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