96 DUKE Street West, Kitchener, Ontario N2H3W8

Listing courtesy of BENJAMINS REALTY INC..

$11,999,900
17
BD
17
BA
11,340
SqFt
List Price
$11,999,900
Price Change
▼ $500,100 1705980479
MLS®
40485264
Days on Market
211
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
17
Bathrooms
17
Living Area
11,340
Subdivision
212 - Downtown Kitchener/East Ward

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 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:5764)

Additional Information

Ownership
Freehold
Subdivision
212 - Downtown Kitchener/East Ward
Parking Spaces
35
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Heating
Baseboard heaters
Total Number Of Units
17
Stories
2.5

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Calculator source: Real Geeks