96 Duke Street W, Kitchener, ON, N2H 3W8

$11,999,900

MLS® # 40485264

Investment For Sale In City Commercial Core, Kitchener, Ontario

$11,999,900

Property Information:

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.

Inclusions: Hot Water Tank Owned

Building Features:

  • Floor Space: 7560 Square Feet

Property Features:

  • Bedrooms: 17
  • Acres Range:
  • Basement: Walk-Up Access, Full, Finished
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 7560 Square Feet
  • Heating: Baseboard
  • Interior Features: Separate Heating Controls
  • Laundry Features: Shared
  • Lot Features: Rectangular, City Lot, Library, Park, Place of Worship, Public Parking, Public Transit, Shopping Nearby
  • Lot Frontage: 98.00 Feet
  • Parking Features: Unassigned, Guest
  • Roof: Asphalt
  • Water Source: Municipal
  • Zoning: D-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 35

Courtesy of: BENJAMINS REALTY INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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