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$1,600,000
Ontario,Kitchener
For Sale Active
161 DAVID STREET, Kitchener, Ontario N2G1Y3
  • 7
  • 4
  • 2000 - 2500Square Feet
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Basic Details
Description

Turnkey income property in one of Kitchener’s most sought-after neighbourhoods. This fully renovated legal fourplex at 159-161 David Street sits steps from Victoria Park and generates $98, 400 in gross annual income with an NOI of $83, 900 – all at market rents with confirmed tenancy. Every detail has been executed to the highest standard: custom oak cabinetry, quartz countertops,

gold hardware, frameless glass showers, and designer Hardwood flooring throughout. Each of the four self-contained units features its own heat pump, in-suite laundry, and private outdoor space. Separate hydro meters, new plumbing, new electrical, and new windows and doors throughout mean zero deferred maintenance and minimal landlord exposure. The unit mix – a 3-bed, a 2-bed, and two 1-beds – offers excellent tenant diversity and rental resilience. The building retains its handsome historic brick character while delivering a fully modern interior experience. An exceptionally rare opportunity to acquire a performing, pride-of-ownership asset in a neighbourhood where quality properties almost never come available. (id:66098)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13228434
  • Price: $1,600,000
  • Bedrooms: 7
  • Bathrooms: 4
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 268116
Features & Appliances
Features
  • Heating System: Electric, Heat Pump
  • Cooling System: Central air conditioning
  • Basement: Partially finished, N/A
  • Parking: No Garage
  • Exterior Features: Brick, Wood
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Kitchener, N2G1Y3
  • Street: David
  • Street Number: 161
  • Street Suffix: Street
  • Longitude: W81° 30' 11.5''
  • Latitude: N43° 26' 39.7''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 69.5 x 118 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6566
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Listing updated: 2026-07-04 04:27:32
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Listing Information
  • List Agent Key: 2236223
  • List Office Key: 268116
  • Modification Timestamp: 2026-06-03T16:45:43Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-06-03T16:36:02Z
Powered by REALTOR.ca
Listing updated: 2026-07-04 04:27:32
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