ActiveFor Sale

270 DOON VALLEY Drive
Kitchener, Ontario, N2P1B3

House
CREA
MLS® Number: 40876487
Estimated Value
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$995,000List Price
4Bedrooms
2Bathrooms
6Total Parking
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Current valuation for 270 DOON VALLEY Drive. Listed for $995,000

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Description

270 Doon Valley Drive, Doon – Kitchener Exceptional Investment Opportunity | Prime Student Rental | Future Development Potential An outstanding opportunity to own a large property in one of Kitchener’s most desirable and high-demand student rental locations, directly across from Conestoga College’s Doon Campus. This spacious six-bedroom home is ideally configured for student accommodations, offering excellent rental potential with the convenience of being just steps from campus. Situated on a substantial lot, this property offers much more than an established student rental opportunity. With R5 zoning, the property presents exciting future redevelopment possibilities, including the potential for a multi-residential development with approximately 9–16 residential units, subject to municipal approvals and applicable development requirements. Adding further value, development plans have already been drawn up illustrating potential building configurations and development options, providing prospective buyers with a valuable starting point to explore the property's redevelopment potential. Whether you're an investor looking to capitalize on the strong demand for student housing, a developer seeking your next multi-residential project, or someone looking to secure a property with significant future upside, 270 Doon Valley Drive offers a rare combination of location, existing rental functionality and development potential. Prime location. Established student rental opportunity. Development plans available. Significant future upside. Properties offering this combination are increasingly hard to find. (id:66360)

Features

StoneAluminum sidingAutomatic Garage Door Opener

Amenities

No amenities available

Summary

List Price:$995,000
MLS® Number:40876487
CREA Listing Key:30504656
Type:House
Size:1,500 sq ft
Taxes:$5,694
Total Parking Spaces:6
Community:335 - Pioneer Park/Doon/Wyldwoods
Listing Brokerage:Vancor Realty Inc.

Rooms

9 rooms
Second level
4pc Bathroom—
Bedroom13'2'' x 9'0''
Bedroom14'2'' x 10'0''
Bedroom10'0'' x 11'9''
Bedroom7'9'' x 13'2''
Main level
4pc Bathroom—
Den9'0'' x 11'3''
Living room/Dining room11'8'' x 28'1''
Kitchen8'0'' x 13'6''

Details

Property

Property Type:House
Style:Other
Community:335 - Pioneer Park/Doon/Wyldwoods
Municipality:Kitchener

Building

Size:1,500 sq ft

Inside

Bedrooms:4
Bedrooms Above Grade:4
Bedrooms Below Grade:0
Bathrooms:2
Rooms:9
Basement:Unfinished, Partial

Parking

Total Parking Spaces:6
Parking Features:Attached Garage

Utilities

Cooling:None
Heating:Forced air, Natural gas
Water Supply:Municipal water
Utility Sewer:Municipal sewage system

Land

Lot Size:0 acres
Zoning:Res-5
Directions:OLD MILL RD

$995,000

List price