96 Duke Street W Active

Kitchener,ON N2H 3W8

$ 11999900

17 Beds

17 Baths

7560 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,560 sqft

Price per Sqft $1,587

MLS Listing ID 40485264

Bedrooms 17

Abv Grd Liv Area 11,340

Originating Board Waterloo Region

Annual Tax Amount $32,939

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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning D-4

Direction Directly across from City Hall and adjacent to Central Kitchener LRT stop

Rooms

Basement Walk-Up Access,Full,Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Baseboard

Cooling None

Fireplace No

Appliance Hot Water Tank Owned

Laundry Shared

Exterior

Garage Unassigned,Guest

Waterfront No

Roof Type Asphalt

Lot Frontage 98.0

Parking Type Unassigned,Guest

Garage No

Building

Lot Description Rectangular,City Lot,Library,Park,Place of Worship,Public Parking,Public Transit,Shopping Nearby

Faces Directly across from City Hall and adjacent to Central Kitchener LRT stop

Story 2.5

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 223170084

Ownership Freehold/None

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