NEW! Buy and sell safely with virtual options - Learn More
About the Listing 560700 -
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.
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other: Separate Heating Controls,Separate Hydro Meter,4 Kitchens
- Water:
Exterior Details
- Garage Capacity: 3 car
- Roof: Asphalt Shingle
- Others: Deck,Arts Centre,Greenbelt/Conservation,Lake/Pond,Library,Park,Public Transit
- Sewer: Sewer
- Parking Features: Private Triple,No Garage
Financial Details
- Tax Amount: $6,566
- Taxes w/Assessments: N/A
- Tax/Property ID: 224280113
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
161 David St Kitchener, ON N2G 1Y3
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of
