Address
96 Duke Street W, Kitchener, ON
Price
$ 11,999,900
Property Attributes
  • ID#40485264
  • TypeMulti-Family
  • CityKitchener
  • Area2 - Kitchener East
  • Neighbourhood212 - Downtown Kitchener-East Ward
  • Postal CodeN2H 3W8
  • StyleMulti Family
  • Taxes$ 32939
  • Price$ 11,999,900
  • Bedrooms17
  • Full Bathrooms17
  • Half Bathrooms0
  • Sqr Footage7560
Data Source:
Ontario Regional (ITSO)
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.

Price History
9/18/2023 Listed $12,500,000
1/22/2024 5% - $11,999,900

General Features

Interior Features Separate Heating Controls
Sewer Sewer (Municipal)
Heating Baseboard
Cooling None
Roof Asphalt
Appliances Hot Water Tank Owned
Zoning D-4
Property SubType Multi Family
County Waterloo
New Construction No
Property Type Residential Income
Attached Garage No
Garage Y/N No
Status Active
Directions Directly across from City Hall and adjacent to Central Kitchener LRT stop
City Kitchener
Senior Community Y/N No
Total Units 17
MLS Area 2 - Kitchener East
Waterfront Y/N No
Carport Y/N No
Street Name Duke
MLS Area Minor 212 - Downtown Kitchener/East Ward
Virtual Tour https://unbranded.youriguide.com/96_duke_st_w_kitchener_on/
Building Area Units Square Feet
Standard Status Active
Virtual Tour https://www.benjaminsrealty.com/listings/96-duke-street-west

Interior Features

Basement Walk-Up Access,Full,Finished
Total Stories 2.5
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 7560
Street Suffix Street
Laundry Features Shared
Total Bedrooms 17
Below Grade Finished Area 3780
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 17

Exterior Features

Parking Features Unassigned,Guest
Lot Features Rectangular,City Lot,Library,Park,Place of Worship,Public Parking,Public Transit,Shopping Nearby
Water Source Municipal
Total Parking 35
Inclusions Hot Water Tank Owned
Lot Size Area 2915.3
Foundation Details Poured Concrete
Building Area Total 11340
Lot Dimensions 0 x 98
Frontage Length 98.00
Lot Size Units Square Feet
Lot Size Source GeoWarehouse
Crops Included Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata 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 32
461
Data Provided by Inside Real Estate®
Walkscore
AVG 99
99
Data Provided by Walkscore® not using MLS data

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