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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: 40688427
17
Bedrooms
17
Bathrooms
11340
Square Feet

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. (68466321)

Location Description

Directly across from City Hall and adjacent to Central Kitchener LRT stop

Property Summary

Property Type
Multi-family
Storeys
2.5
Square Footage
11340 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$34,699
Total Parking Spaces
35
Time on REALTOR.ca
78 days

Building

Bathrooms
Total
17
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Total Units
17
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park, Place of Worship, Public Transit, Shopping
Parking
Total Parking Spaces
35

Measurements

Square Footage
11340 sqft
Above Grade Finished
7560 sqft
Source: Other
Below Grade Finished
3780 sqft
Source: Other

Land

Lot Features
Frontage
98 ft
Other Property Information
Zoning Description
D-4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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