
























1/26270 DOON VALLEY Drive, Kitchener, ON N2P1B3
$995,000 total
—
Asset Class
Land
Size
—
Building class
B
Zoning
AG — Agricultural
$ / SF
—
Occupancy
89%
Lot Size
0 ac
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:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$40K
Annual cash flow
$-15K
Cash-on-cash
-5.03%
DSCR
0.73
Going-in cap
4.03%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
90,718
Households
33,385
Median income
$107,500
Median age
34.3
Daytime population
101,457
5-yr growth
5.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 270 DOON VALLEY Drive, Kitchener.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.