161 David ST, Kitchener, ON N2G 1Y3
161 David ST, Kitchener, ON N2G 1Y3
161 David ST, Kitchener, ON N2G 1Y3
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$1,600,000
Est. payment /mo
7 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X13228434

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,566

Tax Year 2025

Property Sub-Type Fourplex

Property 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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling Central Air

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Deck

Parking Features Private Triple

Pool None

Roof Type Asphalt Shingle

Lot Frontage 69.5

Lot Depth 118.0

Total Parking Spaces 5

Building

Building Age 100+

Unit Features Arts Centre,Greenbelt/Conservation,Lake/Pond,Library,Park,Public Transit

Foundation Stone

Others

ParcelsYN No

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Listed by Keller Williams Home Group Realty

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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161 David ST

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