427 Duke Street W, Kitchener, ON N2H 3Y6

$399,900
2
BD
2
BA
700
SqFt

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List Price
$399,900
MLS#
X13770320
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
2
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
Kitchener
Area
Waterloo
Subdivision
Duke St W/Shanley St

Property Description

Developers, Investors, Families! Rare Midtown Corner Lot with massive potential available for thefirst time in 40+ years! This 1902 detached home sits on a premium 40' x 119' corner lot in a rapidlyappreciating Midtown pocket near DTK, transit, and the Spur Line Trail. Surrounded by $1M+redevelopments, this property offers ultimate flexibility for a high-end family renovation or a high-yieldinvestment project. The existing 2-bed, 1.5-bath character home features great bones and excellent holdingvalue. Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and anewer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high densityRES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener's "GrowingTogether" framework. Capitalize on the corner configuration for separate unit entrances and streamlinedparking logistics to build cluster townhouses, a multi-unit conversion, or an accessory dwelling. Best of all,leverage the "10 unit threshold" for an expedited Zoning Certificate process, bypassing complex site plans.Whether you want to restore a piece

Additional Information

Taxes
$3,488
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Kitchens
1
Exterior
Brick, Vinyl Siding
Garage Spaces
1
Garage Type
Attached
Pool
None
Parking Spaces
5

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE WOLLE REALTY.