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. Also included is a 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.
BENJAMINS REALTY INC.
$9,999,900
96 Duke Street W, Kitchener, Ontario
17 Bedrooms
17 Bathrooms
11340 Sqft
Property
MLS® Number: 40688427
Address: 96 Duke Street W
City: Kitchener
Exterior: Brick
Utilities
Heating: Baseboard
Parking
Parking Spaces: 35
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Property Sale History
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99/100Walk Score®
Walker's Paradise
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Location
