A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 96 Duke St, Kitchener Ontario N2H 3W8
14 days on Market

96 Duke St, Kitchener, Ontario N2H 3W8

Townhouse
-
17
~11340 sqft
$9,999,900
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Townhouse
-
17
~11340 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$881/sqft

Est. Mortgage$42,945/mo

Tax Amount (2024)$34,699/yr

Days On Market14 days


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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~11340 SqFt
Lot Size-
Parking Spaces35
MLS ®Number40688427
Community NameCity Commercial Core
Data SourceITSO
Listing byBENJAMINS REALTY INC.

Features

Heating: Baseboard
Basement: Walk-Up Access, Full, Finished

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 35


Property listed by BENJAMINS REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 3740
Average household income $102,858

Age (%)

20 to 34
32%
35 to 49
20%
65 and plus
18%
50 to 64
17%
0 to 19
13%

Household composition (%)

Single person
52%
Single family
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
83%
Others
3%
Arabic
3%
German
2%
Spanish
2%
Portuguese
1%
Mandarin
1%
French
1%

House tenancy (%)

Renters
72%
Owners
28%

Schools and amenities

Estimated Budget