427 Duke Street, Kitchener

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