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96 Duke St W

17 Unit Apartment Building $8,532,352 USD ($501,903 USD/Unit) Kitchener, ON N2H 4Z1

Investment Highlights

  • Proximity to Downtown
  • Well maintained Multifamily Property
  • Easy access to Public Transportation

Executive Summary

https://www.benjaminsrealty.com/listings/96-duke-street-west
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.

Property Facts

Price $8,532,352 USD
Price Per Unit $501,903 USD
Sale Type Investment
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 17,019 SF
No. Stories 3
Year Built 1960
Parking Ratio 0.71/1,000 SF
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code D-5
D-5
  • Listing ID: 30789873

  • Date on Market: 1/26/2024

  • Last Updated:

  • Address: 96 Duke St W, Kitchener, ON N2H 4Z1

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