Address
96 Duke Street W, Kitchener, ON
Price
$ 12,500,000
Property Attributes
- ID#40485264
- TypeMulti-Family
- CityKitchener
- AreaWaterloo
- NeighbourhoodCity Commercial Core
- Postal CodeN2H 3W8
- Style
- Price$ 12,500,000
- Bedrooms17
- Bathrooms0
- Half Bathrooms0
- Sqr Footage7560
Data Source:
RLP - CREA EN
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 CityHall 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.
General Features
| Inclusions | Hot Water Tank Owned |
|---|---|
| Parking | yes |
| Parking Spaces | 35 |
| Terms | SALE |
| Zoning | D-4 |
Interior Features
| Bedrooms | 17 |
|---|---|
| Beds | 17 |
Exterior Features
| Listing Type | Investment |
|---|---|
| Lot Frontage | 98.00 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N2H 3W8
Price
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