Detached House for sale in Kitchener, Ontario. Listed at $995,000.
4 bedrooms · 2 bathrooms · 1500 sq ft
MLS® 40876487
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:27495)
Listing courtesy of Vancor Realty Inc. · Travis Van Iersel
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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