427 Duke Street W

About this Property

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!

Listing Details

MLS #

40872946

Board

ITSO

Market

ontario

Property Type

Single Family Residence

Style

Traditional

Year Built

1902

Garage Spaces

1

Parking Spaces

4

Basement

Full, Unfinished

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Lot Size

40.00 × 119 ft

Annual Taxes

$3,488/yr

Listed By

Royal LePage Wolle Realty

Presented By

REMAX Hallmark®

Listed On

October 21, 2026

Days on Market

0

Features & Extras