




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