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