For SaleMultiplex

240 DUKE Street

Name: 240 Duke Street
Brand: ROYAL LEPAGE WOLLE REALTY
Price: 1450000 CAD
Availability: InStock

Kitchener

240 Duke Street

Kitchener

Listed For $1,450,000

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Added Oct 2023

7 Bedrooms Bedrooms

5 Bathrooms Bathrooms

1 Garage Garage

Description

Zoning is R-7 and lot size is 62.30X181.62.Central location close to Downtown Kitchener. Rare opportunity, calling all investors & developers. 5 plex - 3, 1 bedroom units and 2, 2 bedroom units. . Possible 22-1 bedroom units apartment building or condo style development, perfect for affordable housing units project. Site plan application submitted. Reports are completed: ESA, Geotech, Landscape, Planning justification, Site Servicing, Traffic, Tree Management.

Key facts for 240 DUKE Street

Tax$6,969.31 / 2023

Property TypeMultiplex, 3-Storey

Lot Size181.16 x 62.31 Feet

Size3500-5000 ft²

ParkingDetached 1 Spaces, Total 6 Spaces

Parking FeaturesPrivate Double

BasementPartial Basement

Listing #X7061466

Days on Market--

Listing BrokerageROYAL LEPAGE WOLLE REALTY

Data SourcePROPTX

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(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$7,081/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$4.1% net yield

Net Monthly Cash Flow-$1,661

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