430-432 Duke Street W Kitchener, Ontario N2H 3Y8

$899,900

ONLY 899,900 for 2 houses !!! UNIQUE real estate listing for an entire semi-detached duplex—meaning both side-by-side mirror units are being sold together., Attention Investors, Builders, and Multigenerational Buyers! An incredible, rare opportunity to own an entire semi-detached duplex (both sides!) separate meters, under one ownership in the highly sought-after central core of Kitchener. Priced to sell at $899,900, this property features two side-by-side mirror units, each offering 1,500 sq. ft. of living space for a total of 3,000 sq. ft. Each spacious unit boasts a functional layout including a large living room, formal dining room, kitchen, 3 generous bedrooms, and the bathroom. Character meets potential with soaring 9-foot ceilings on both levels, creating an airy, premium feel. Situated on a massive 50’ x 145’ deep lot with flexible RES-5 zoning, the property sits directly in the path of progress, surrounded by million-dollar-plus multi-unit development projects. Whether you choose to renovate and command premium market rents for two semis detached distinct properties, (APPROX projected INCOME of $72,000 / year ) or build secondary dwelling units (coach houses/garden suites), or completely redevelop into a high-density multi-unit project, the upside here is undeniable. • Generous Lot Coverage: Up to 55% maximum lot coverage (with a 15% allowance specifically for accessory/detached structures like coach houses), making the 50' x 145' deep lot highly buildable. Don’t miss out on one of the best value-plays in Waterloo Region! (id:50976)

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https://www.realtor.ca/real-estate/30458541/430-432-duke-street-w-kitchener