Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 7
- Bathrooms
- 4
+45 more
7
Bedrooms
4
Bathrooms
2,000-2,500 sqft
Square Feet
69.5 x 118 FT
Lot
5
Parking
Property Snapshot
Key details for this listing
MLS #X13228434
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 7-bedroom, 4-bathroom multi-family in Kitchener offers 2,000-2,500 sqft of square feet on a 69.5 x 118 FT lot. 2 storeys. The home features heat pump, electric heating, central air conditioning, a partially finished basement.
MLS Remarks
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. (id:60351)
Inclusions
All appliances
Full Listing Details
Address161 DAVID STREET
MLS#X13228434
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateJun 2, 2026
Days on Market145
Common InterestFreehold
Annual Tax$6,566 (2025)
Parking5
Parking TypeNo Garage
Possession DetailsFlexible
Structure TypeFourplex
AttachedAttached
StyleMultiplex
Building FeaturesSeparate Electricity Meters, Separate Heating Controls
Bedrooms7
Bathrooms4
Bedrooms Above Grade7
Square Feet2,000-2,500 sqft
Stories2
CityKitchener
ProvinceOntario
Postal CodeN2G1Y3
Lot Dimensions69.5 x 118 FT
Frontage69.6 feet
Lot FeaturesConservation/green belt
Zoning DetailsRes 4
Total Parking5
Parking FeaturesNo Garage
HeatingHeat Pump, Electric
CoolingCentral air conditioning
BasementPartially finished
FoundationStone
AppliancesAll, Water meter
ExteriorWood, Brick
SewerSanitary sewer
Water SourceMunicipal water
Annual Tax$6,566 (2025)
All appliances
Courtland Ave. W. To David St.
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