368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

161 David Street, Kitchener, ON N2G 1Y3

$1,600,000
  • Sale
  • Fourplex
  • 17 days ago
  • Updated: 2026-06-03

Property Overview

Property Type
Fourplex
Bedrooms
7
Bathrooms
4
Garage
5
Size
N/A
Age
100+
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.

Key Details

  • X13228434
  • 5
  • $1,600,000
  • Vacant
  • None
  • 4 + 4
  • 2-Storey
  • 7
  • 4
  • 2000-2500 Sqft
  • N/A
  • 100+
  • Fourplex
  • Sale

Additional Details

  • Heat Pump / Electric
  • Res 4
  • $6566
  • 2025
  • LT 85 SUBDIVISION OF LT 17 GERMAN COMPANY TRACT KITCHENER; LT 86 SUBDIVISION OF LT 17 GERMAN COMPANY TRACT KITCHENER ; KITCHENER
  • N/A
  • N
  • Partially Finished
  • Central Air
  • Deck
  • Arts Centre,Greenbelt/Conservation,Lake/Pond,Library,Park,Public Transit
  • Municipal
Neighbourhood profile DA 35300372 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

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before tax

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median

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Education (ages 25-64)

Population

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stable jobs

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Pop. density

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5-yr stability

did not move

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Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the x13228434 - 161 David Street, Kitchener, ON N2G 1Y3?

    The total square footage of this property is 2000-2500 SqFt.

  • What schools near to x13228434 - 161 David Street, Kitchener, ON N2G 1Y3?

    The nearest schools are Courtland Avenue Public School for elementary and Cameron Heights Collegiate Institute for secondary.

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