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96 Duke Street W, Kitchener, ON, N2H 3W8

MLS® # 40688545
new listing
Vacant Land For Sale In City Commercial Core, Kitchener, Ontario
$9,999,900
96 Duke Street W, Kitchener, ON
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ACTIVE
96 Duke Street W, Kitchener, ON, N2H 3W8
$9,999,900

Property Information:

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) locatedadjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with futureall-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential towersomeday. Ask for a copy of our land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rentalincome and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans arelaid. Join the growth of Waterloo Region and develop an investment location that offers many directions. For a complete list of the rent roll andfurther information on the property contact the brokerage directly.

Property Features:

  • Acres Range:
  • Lot Features: Urban, Rectangular, City Lot
  • Lot Frontage: 98.00 Feet
  • Other Structures: Other
  • Utilities: At Lot Line-Gas, Electricity Connected
  • Water Source: Municipal
  • Zoning: D-5
  • Sewer: Sewer (Municipal)

Courtesy of: BENJAMINS REALTY INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 96 Duke Street W, Kitchener, ON, N2H 3W8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 96 Duke Street W, experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 96 Duke Street W, experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 96 Duke Street W, Kitchener, ON, N2H 3W8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$106,041.76

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.56 %

High school certificate or equivalent

26.34 %

Apprenticeship trade certificate/diploma

4.07 %

College/non-university certificate

16.4 %

University certificate (below bachelor)

1.28 %

University Degree

40.34 %

Commuter

Travel To Work

By Car

68.1 %

By Public Transit

12.88 %

By Walking

14.6 %

By Bicycle

2.05 %

By Other Methods

2.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.7 %

Houses

13.3 %

Own Vs. Rent

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