96 Duke St W - Apartments FOR SALE


Kitchener, ON N2H 4Z1- Kitchener Central
$9,999,900 CAD
96 Duke St W, Kitchener, ON for Sale
$9,999,900 CAD
Apartments - FOR SALE
1/38
null | Request Cap Rate

96 Duke St W
Kitchener, ON N2H 4Z1
Kitchener Central


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,999,900 CAD

PRICE/SF

$588 CAD /SF

# OF UNITS

17

PRICE/UNIT

$588,229

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

D-5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John BenjaminsBenjamins Realty Inc.More Info

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John BenjaminsBenjamins Realty Inc.More Info

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