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.
Lot/land
C$9,999,900
96 Duke St W, Kitchener, ON N2H 3W8
--beds
--baths
0.5Acres
Mixed Use, Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 111 days
- on Zillow |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 08, 2025 at 07:20am
Listed by:
John Benjamins, Salesperson,
BENJAMINS REALTY INC.
Source: ITSO,MLS®#: 40688545Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Features
- Frontage type: South
- Frontage length: 98.00
Lot
- Size: 0.5 Acres
- Dimensions: 0 x 98
- Features: Urban, Rectangular, City Lot
- Topography: Flat
Details
- Additional structures: Other
- Parcel number: 223170084
- Zoning: D-5
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
- Utilities for property: At Lot Line-Gas, Electricity Connected
Community & HOA
Location
- Region: Kitchener
Financial & listing details
- Annual tax amount: C$34,699
- Date on market: 1/8/2025
- Electric utility on property: Yes
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