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96 Duke Street W Kitchener, Ontario N2H 3W8

17 Bedroom 17 Bathroom 11340 sqft
None Baseboard Heaters

$11,999,900

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. (id:49454)

Property Details

MLS® Number 40485264
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Public Transit, Shopping
ParkingSpaceTotal 35

Building

BathroomTotal 17
BedroomsTotal 17
BasementDevelopment Finished
BasementType Full (finished)
CoolingType None
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 11340 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
SizeFrontage 98 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription D-4

https://www.realtor.ca/real-estate/26070469/96-duke-street-w-kitchener