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Listed by John Benjamins • BENJAMINS REALTY INC.
$ 9,999,900
Est. payment /mo
Active
96 Duke Street W Kitchener, ON N2H 3W8
UPDATED:
01/08/2025 03:20 PM
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40688545
Originating Board Waterloo Region
Annual Tax Amount $34,699
Property Description
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) located
adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future
all-day train service to Toronto). 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 Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental
income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are
laid. Join the growth of Waterloo Region and develop an investment location that offers many directions. For a complete list of the rent roll and
further information on the property contact the brokerage directly.
96 Duke Street West, is downtown Kitchener's premier development site opportunity. Featuring over a half-acre rectangular site (.503) located
adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future
all-day train service to Toronto). 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 Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental
income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are
laid. Join the growth of Waterloo Region and develop an investment location that offers many directions. For a complete list of the rent roll and
further information on the property contact the brokerage directly.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning D-5
Direction Directly across from City Hall and adjacent to Kitchener Central LRT
Rooms
Other Rooms Other
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, Electricity Connected
Lot Frontage 98.0
Garage No
Building
Lot Description Urban, Rectangular, City Lot
Faces Directly across from City Hall and adjacent to Kitchener Central LRT
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 223170084
Ownership Freehold/None
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