Kitchener, ON N2H 3W8,96 Duke Street W
Listed by John Benjamins • BENJAMINS REALTY INC.
$9,999,900
Est. payment /mo
Active

96 Duke Street W Kitchener, ON N2H 3W8

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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 Sub-Type Mixed Use

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.

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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Joseph Halleran

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96 Duke Street W