96 Duke St W
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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.
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 | Apartment Style | Low Rise |
Price Per Unit | $501,903 USD | Building Class | C |
Sale Type | Investment | Building Size | 17,019 SF |
No. Units | 17 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1960 |
Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
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 |
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Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (91)
zoning
Zoning Code | D-5 |
D-5 |
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96 Duke St W
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