96 Duke Street W,Kitchener, ON N2H 3W8
Kitchener, ON N2H 3W8
Description
Kitchener-Waterloo is growing, with record-setting population growth in 2024, and a diverse local economy powered by top academic institutions. 96 Duke Street West, is downtown Kitchener’s premier development site opportunity. Featuring over a half-acre rectangular site (.503) located adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future all-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Also available is a land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are laid. Join the growth of Waterloo Region and develop an investment location that offers many directions.
Details
| MLS# | 40688545 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 155 |
| Listing Provided By | BENJAMINS REALTY INC. | John Benjamins |
Features
| Zoning | D-5 |
|---|
Taxes
| Property | 1636 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2H 3W8 |
| Area | 2 Kitchener East |
| Subarea | 212 Downtown Kitchener | East Ward |
| Community Name | 212 Downtown Kitchener/East Ward |
| Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $9,999,900 low | high Med: $372,400 On site: 155 low | high Med: 74.000000 | |
