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270 DOON VALLEY Drive, Kitchener, Ontario

$995,000

MLS® 40876469

270 Doon Valley Drive, Doon – Kitchener Prime Development Opportunity | R5 Zoning | Multi-Residential Potential An exceptional land development opportunity in one of Kitchener's most sought-after growth areas, directly across from Conestoga College's Doon Campus. Ideally situated just steps from the college, this property offers an outstanding location for developers and investors looking to capitalize on the strong demand for residential housing in this established and expanding neighbourhood. Featuring a substantial lot with R5 zoning, the property offers exciting potential for multi-residential development, with the possibility of accommodating approximately 9–16 residential units, subject to municipal approvals, site plan requirements and applicable development regulations. Adding further value, development plans have already been prepared illustrating potential building configurations and development options, giving prospective purchasers a valuable head start in exploring the property's development possibilities. With its strategic location across from a major educational institution, proximity to amenities, established neighbourhood and significant redevelopment potential, 270 Doon Valley Drive represents a rare opportunity to secure a prime development parcel in the heart of Doon. Prime location. R5 zoning. Development plans available. Significant multi-residential potential. An outstanding opportunity for builders, developers and investors looking to unlock the full potential of this exceptional property. (id:56426)

Travis Van Iersel

Listed by Vancor Realty Inc.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

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We cover Orangeville, Mono, Caledon, Shelburne, the rest of Dufferin County and into Wellington County. Call us directly.

Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.