96 DUKE Street West, Kitchener, Ontario N2H3W8

Listing courtesy of BENJAMINS REALTY INC..

$11,999,900
List Price
$11,999,900
Price Change
▼ $500,100 1705980479
MLS®
40485381
Days on Market
211
Status
ACTIVE
Type
Land
Subtype
Vacant Land
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 current multi-family building. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
212 - Downtown Kitchener/East Ward
Country
Canada
Sewer
Municipal sewage system

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks