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:4069)
| Address |
96 DUKE Street W |
| List Price |
$11,999,900 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
Kitchener |
| Bedrooms |
17 |
| Bathrooms |
17 |
| Floor Area |
11,340 Sq. Ft. |
| MLS® Number |
40485264 |
| Listing Brokerage |
BENJAMINS REALTY INC.
|
| Basement Area |
Full (Finished) |
| Postal Code |
N2H3W8 |
| Zoning |
D-4 |
| Site Influences |
Park, Place of Worship, Public Transit, Shopping |
