For Sale: 161 David Street, Kitchener, ON - REW
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$1,600,000
7 bd • 4 ba • 2000 - 2499 sf • Multifamily
161 David Street
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$1,600,000
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161 David StreetKitchener, ON, N2G 1Y3

  • 7 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: OWEN LENNOX, Salesperson, Keller Williams Home Group Realty

Home facts and features

Price details
List Price
$1,600,000
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Gross Taxes for 2025
$6,566
Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Depth
118 feet
Frontage
69.6 feet
Exterior Finish
Wood, Brick
Heating Type
Heat Pump, Electric
Cooling
Central air conditioning
Basement Details
Partially finished,
Features
Conservation/green belt, Separate Electricity Meters, Separate Heating Controls
Appliances
All, Water meter
Agent details
Primary Agent
OWEN LENNOX
Primary Broker
Keller Williams Home Group Realty
Listing details
Days on REW
48 Days
Property Views
11
MLS® Number
X13228434
Source
Canadian Real Estate Association
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Property Insights

Courtland Avenue Public School
  • Public
  • 7 - 8
J F Carmichael Public School
  • Public
  • JK - 6
St Don Bosco Catholic Secondary School
  • Catholic
  • 9 - 12
St John Catholic Elementary School
  • Catholic
  • JK - 8
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
St Bernadette Catholic Elementary School
  • Catholic
  • JK - 8
King Edward Public School
  • Public
  • JK - 6
Suddaby Public School
  • Public
  • JK - 6
Kitchener Waterloo Collegiate and Vocational School
  • Public
  • 9 - 12
Queensmount Public School
  • Public
  • 7 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
OWEN LENNOX
Phone:
(519) 573-4404
Cell:
519-573-4404
Office:
226-780-0202
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