161 David St, Kitchener, Ontario

Multi-Family for Sale in Kitchener

161 David St, Kitchener, ON

  • CA$1,600,000
  • 7 BEDS
  • 4 BATHS
  • CA$1,600,000

Multi-Family for Sale in Kitchener

161 David St, Kitchener, ON

  • CA$1,600,000
  • 7 BEDS
  • 4 BATHS
  • CA$1,600,000

Key Facts

  • MLS® #: X13228434
  • Property ID: SIRC3388839
  • Property Type: Residential, Fourplex
  • Lot Size¹: 118x69.5 ft.
  • Year Built: 100
  • Bedrooms: 7
  • Bathrooms: 4
  • Parking Spaces: 5
  • Listed By:
  • Keller Williams Home Group Realty

Property 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.

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Listing Agents

Keller Williams Home Group Realty

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Location

161 David St, Kitchener, Ontario, N2G 1Y3 Canada

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