Address
96 DUKE Street W, Kitchener, ON
Price
$ 12,500,000
Property Attributes
  • ID#40485264
  • TypeMulti-Family
  • CityKitchener
  • Neighbourhood212 - Downtown Kitchener-East Ward
  • Postal CodeN2H 3W8
  • Style
  • Price$ 12,500,000
  • Bedrooms17
  • Bathrooms17
  • Half Bathrooms0
  • Sqr Footage7560
Data Source:
Canadian Real Estate Association (CREA)
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 City Hall 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. (id:7434)

General Features

Ammenities Park, Place of Worship, Public Transit, Shopping
Building Cooling Type None
Building.storiestotal 2.5
Foundation Type Poured Concrete
Location Description Directly across from City Hall and adjacent to Central Kitchener LRT stop
Ownership Type Freehold
Parking Space Total 35
Property Type Multi-family
Zoning Description D-4

Interior Features

Basement Development Finished
Basement Type Full (Finished)
Building Fireplace Present False
Building Heating Type Baseboard heaters

Exterior Features

Exterior Finish Brick
Land Amenities Park, Place of Worship, Public Transit, Shopping
Sewer Municipal sewage system

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
AVG $12.5M
$12.5M
Visits
AVG 25
24
Data Provided by Inside Real Estate®