161 David Street, Kitchener, ON N2G 1Y3
Kitchener
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 161 David Street, Kitchener, ON N2G 1Y3
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MLS# X13228434
Listed by Keller Williams Home Group Realty
On market since Jun 2, 2026
What comparable homes actually sold for in the last 12 months.
161 David Street, Kitchener, ON N2G 1Y3 is listed for $1,600,000 CAD.
161 David Street, Kitchener, ON N2G 1Y3 has 7 bedrooms and 4 bathrooms.
161 David Street, Kitchener, ON N2G 1Y3 is a Fourplex.
161 David Street, Kitchener, ON N2G 1Y3 is in Kitchener, Ontario.
161 David Street, Kitchener, ON N2G 1Y3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 161 David Street, Kitchener, ON N2G 1Y3 (MLS# X13228434). You can also send a message through the contact form on this site.
