Address
96 DUKE Street W, Kitchener, ON
Price
$ 11,999,900
Property Attributes
  • ID#40485264
  • TypeMulti-Family
  • CountyKITCHENER-WATERLOO ASSOCIATION OF REALTORS
  • CityKitchener
  • Neighborhood212 - Downtown Kitchener-East Ward
  • ZipN2H 3W8
  • Style
  • Price$ 11,999,900
  • Bedrooms17
  • Bathrooms17
  • Half Bathrooms0
  • Sqr Footage11340
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

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

Interior Features

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

Exterior Features

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

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA 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 $12M
$12M
Visits
AVG 924
264
Data Provided by Inside Real Estate®