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For Sale
$1,600,000
Estimated monthly cost
$7,992/mo
20% down • 5.00% rate • 25 yr • incl. tax

161 David Street, Kitchener, ON N2G 1Y3

Kitchener
7
Beds
4
Baths
5
Parking
2,000–2,500 ft²
Size
Property type
Fourplex
Listed
20 Days
Annual taxes
$6,566 /yr (2025)
MLS® number
X13228434
Listing brokerage
Keller Williams Home Group Realty

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.

Property Details

Property
Style
2-Storey
Basement
Finished Basement
Exterior Finish
Brick, Wood
Heating
Heat Pump · Electric
Cooling
Central Air
Pool
None
Building Age
100+
Parking
Garage Type
None
Total Parking
5
Land
Lot Size
69.5 × 118 ft
Lot Features
Arts Centre, Greenbelt/Conservation, Lake/Pond, Library, Park, Public Transit
Sewer
Sewer
Listing
MLS® Number
X13228434
Listed Date
Jun 2, 2026
Last Updated
Jun 3, 2026

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Location

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$1,600,000
161 David Street, Kitchener, ON N2G 1Y3

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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