427 DUKE Street W

Kitchener, Ontario N2H3Y6

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$299,900

1,085.97 sqft

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Investors, Flippers & Families! Rare Midtown Corner Lot with massive potential available for the first time in 40+ years! This 1902 detached home sits on a premium 40’ x 119’ corner lot in a rapidly appreciating 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-yield investment project. The existing 2- bed, 1.5-bath character home features great bones and excellent holding value. Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and a newer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high density RES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener’s Growing Together framework. Capitalize on the corner configuration for separate unit entrances and streamlined parking 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 of history or build a multi-unit legacy project, this prime piece of Midtown’s future is a must-see! (id:54619)

General Info

Appliances: Dryer, Freezer, Refrigerator, Satellite Dish, Stove, Washer

Basement: Full (Unfinished)

Building Type: House

Total Stories: 2

Attached Structures: Workshop, Shed

Amenities Nearby: Hospital, Place of Worship, Public Transit

Fence Type: Fence

Parking: Detached Garage

Community Features: Quiet Area

Rooms

Second level: Bedroom; 10'11'' x 9'3''

: Primary Bedroom; 10'11'' x 9'8''

: 4pc Bathroom; Measurements not available

Basement: 2pc Bathroom; Measurements not available

Main level: Mud room; 7'9'' x 6'3''

: Office; 9'5'' x 7'6''

: Dining room; 12'5'' x 9'10''

: Living room; 11'7'' x 10'6''

: Kitchen; 12'5'' x 11'3''

Other Details Investors, Flippers & Families! Rare Midtown Corner Lot with massive potential available for the first time in 40+ years! This 1902 detached home sits on a premium 40’ x 119’ corner lot in a rapidly appreciating 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-yield investment project. The existing 2- bed, 1.5-bath character home features great bones and excellent holding value. Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and a newer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high density RES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener’s Growing Together framework. Capitalize on the corner configuration for separate unit entrances and streamlined parking 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 of history or build a multi-unit legacy project, this prime piece of Midtown’s future is a must-see! (id:54619)