96 DUKE Street W Kitchener

96 DUKE Street W, Kitchener, Ontario

$9,999,900

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. (id:23309)

  • Listing ID: 40688545
  • Property Type: Vacant Land

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Details

  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: D-5

Building

  • BasementType: None
  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 98 ft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 96 DUKE Street W in Kitchener Ontario. It was last modified on January 8th, 2025. Contact the Lifestyle Real Estate to schedule a viewing or to discover other Kitchener properties for sale.

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