96 duke street west, kitchener - $11,999,900

96 Duke street west, kitchener, ON, N2H 3W8

mls #40485381


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 the current multi-family building provides.

 zoning

D-5

development potential

30+ stories

Current building

17-Units

lot size

.503 acre

Property Features

✓ 17-unit Multi-family

✓ Laundry

✓ 35-38 parking units (seasonally dependent)

✓ Core location

✓ Development Potential 30+ stories

✓ Land-use study in place

✓ Across from Kitchener City Hall

✓ Adjacent to Central Kitchener LRT Station

✓ Adjacent to Wilfrid Laurier Social School

 

Agent: John Benjamins

Office : (519) 575-9092
Mobile : (519) 574-1224
Email : john@benjaminsrealty.com

 

About Benjamins Realty

Benjamins Realty is a family-run boutique brokerage with decades of experience serving the Kitchener-Waterloo area. This small, dynamic team works together to sell each property, ensuring that maximum care and expertise is provided to each and every client. Jake Benjamins founded Benjamins Realty in 2002 after working in the real estate market for decades. Since then, his two sons Mark and John have joined the boutique brokerage. Together, this team offers competitive rates, unparalleled customer service, and superior expertise. Give Benjamins Realty a call today and see for yourself.

 
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