270 DOON VALLEY Drive
Kitchener, Ontario
MLS® 40876487
$995,000
- Status
- Active
- Property type
- House
- MLS® number
- 40876487
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
1 / 26Listing 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.
Property summary
- MLS® number
- 40876487
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,500 sq ft
- Title
- Freehold
- Land size
- 0 acres
- Annual property taxes
- $5,694.29
- Parking
- 6 spaces · Attached Garage
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Unfinished, Partial
- Exterior features
- Stone, Aluminum siding
- Lot features
- Automatic Garage Door Opener
- Architectural style
- Other
What would this home cost you?
Based on the $995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Vancor Realty Inc., Cambridge.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.