Room 1
Level not provided
161 David St
Kitchener, Ontario N2G 1Y3
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14163978
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,566
- Size
- 2000-2500 sqft
- Lot
- 69.5 × 118 Feet
- Parking
- None, 5 Parking
Listing History
Buy/Sell history for 161 David St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,600,000 | N/A | For Sale | X14163978 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Fourplex
- Style
- 2-Storey
- Municipality
- Kitchener
Inside
- Bedrooms
- 7
- Bathrooms
- 4
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, 2nd
- Basement Type
- Part Fin
- Kitchens
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Heat Pump
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Driveway
- Private Triple
- Garage Type
- None
- Add. Parking
- 5
- Total Parking
- 5
Land
- Sewer
- Sewers
- Lot Size
- 69.5 × 118 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 100+
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- All furniture can be negotiable
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
16 records read 10 on record nearby 6 checked, none on recordRead 2026-11-09
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m17 test or monitoring holes also recorded.
- Groundwater recorded about 3.4 m below ground nearbyThe middle water level in the well records within 500 m (97 records). It changes with the season and from spot to spot.
- Bedrock about 46.3 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 8.0 km
Province of Ontario open data · Municipal development applications
Around the home
- Nearest rail line: 120 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Enova Power Corp.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (0 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kitchener. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$7,335
- Down payment$320,000
- Mortgage amount$1,280,000
- Total interest$920,500
- Total cost$2,520,500
Cash flow analysis
$7,335
Total monthly payment
$7,882
Break-even down payment
100%
Cash flow-$7,882
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,600,000
$1,600,000
CAD
Estimated market value
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