161 David St

About this Property

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.

Listing Details

MLS #

X14163978

Board

PROPTX

Market

ontario

Property Type

Fourplex

Style

2-Storey

Year Built

100+

Garage

None

Parking Spaces

5

Basement

Part Fin

Heating

Heat Pump

Cooling

Central Air

Pool

None

Lot Size

69.5 × 118 ft

Annual Taxes

$6,566/yr

Listed By

Keller Williams Home Group Realty

Listed On

November 9, 2026

Features & Extras