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96 Duke Street W Kitchener, Ontario N2H 3W8

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$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 current multi-family building. (id:48305)

Property Details

MLS® Number 40485381
Property Type Vacant Land

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 98 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description D-5

Utilities

Electricity Available

https://www.realtor.ca/real-estate/26070468/96-duke-street-w-kitchener

*All information provided by the Brantford Regional Real Estate Association (BRREA) and ITSO for the highest number of completed transactions since January 1, 2015. All Brantford MLS® House Listings come from the various systems operated by Real Estate Boards and Associations across Canada. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used underlicense. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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