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161 DAVID STREET
Kitchener Ontario N2G1Y3 Canada

$1,600,000

Active Listing ID X13228434
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7 bed
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4.00 Bath
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Multi-family

$1,600,000

Active Listing ID X13228434
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161 DAVID STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Wood, Brick
  • Heating Systems: Heat Pump, Electric
  • Additional Features
  • Basement
Listing Changed: 6/3/2026 4:45:43 PM GMT
Source Updated Date: 6/4/2026 4:45:22 AM GMT

Courtesy of: OWEN LENNOX, Salesperson, Keller Williams Home Group Realty