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7 Beds
4 Baths

C$1,600,000

161 David Street, Kitchener ON, N2G 1Y3

Property typeMulti-family

Overview

Active

New

Listed Jun 2, 2026

Updated Jun 25

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.

Additional information

MLS® ID
X13228434

Interior Features

Bedrooms
7
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$6,566
Tax Frequency
Annually

 

Courtesy of Listed by , Keller Williams Home Group Realty,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 6:13 AM UTC, 6/25/2026