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Home ON Kitchener - Cambridge - Waterloo Kitchener City Commercial Core
96 DUKE Street W
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96 DUKE Street W $9,999,900
$9,999,900
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96 DUKE Street W
Kitchener, Ontario N2H3W8

MLS® Number: 40688545

Listing 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. (68466438)

Location Description

Directly across from City Hall and adjacent to Kitchener Central LRT

Property Summary

Property Type
Vacant Land
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$34,699
Time on REALTOR.ca
87 days

Building

Interior Features
Basement Type
None
Building Features
Total Units
0
Utilities
Utility Type
Electricity (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Lot Features
Frontage
98 ft
Other Property Information
Zoning Description
D-5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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