$849,000 - 350 Doon Valley Drive Unit 1G, Kitchener
Condo for Sale in Kitchener
103 days on market- MLS Number
- X12801220
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- EXP REALTY
Welcome to 350 Doon Valley Drive, Suite 1G, an executive end-unit bungaloft in the prestigious Mill Club on the Grand River. Set in a serene, green enclave with access to scenic trails and conservation areas, this home is perfect for nature lovers and outdoor enthusiasts. At 2,150 sq ft, this home offers a thoughtful layout, hardwood floors, and plenty of windows that fill the space with natural light and comfort. The expansive living room features a soaring cathedral ceiling, fireplace, and walkout to the tranquil backyard deck with privacy given from trees and shrubs. The open-concept kitchen showcases stainless-steel appliances, elegant maple cabinetry, and a spacious breakfast bar, flowing seamlessly into the living and dining spaces. Three generously sized bedrooms each feature an ensuite, including a primary suite with cathedral ceilings, his-and-hers closets, and a spa-inspired soaker tub. The upper loft-style family room overlooks the living room, with an adjacent third bedroom completing the upper level. The main-floor laundry is the largest in the complex, with ample storage & built-in organizers. The 1,600 sq ft unfinished basement with bonus 7.6 ft ceiling height provides abundant space, including a rare large L-shaped cantina with two entrances and rough-in bathroom, ready to be customized for entertainment or additional living. Residents enjoy exclusive access to the Mill Clubhouse with lounge, library, gym, and billiards, along with community events and access to Grand River trails and Doon Valley Golf Course steps away. Low condo fees cover professional landscaping and snow removal, while a well-managed Condo Corporation maintains pristine grounds year-round. Quick access to HWY 401, shopping, dining, and transit completes this exceptional lifestyle opportunity.
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
350 Doon Valley Drive Unit 1G, Kitchener
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $425/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 103 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.