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    For Sale - 161 David Street, Kitchener, Ontario

    Est payment $7,683/mo
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    Views   3
    Time on Jump  79 day

    AI Summary *

    • Turnkey fourplex generating significant annual income in a desirable neighborhood.
    • Fully renovated with modern finishes and features in every unit.
    • Each unit offers private outdoor space and in-suite laundry.
    • New plumbing, electrical, and windows for hassle-free ownership.
    • Historic character combined with modern amenities for attractive living.




    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 IDX13228434
    Address161 David Street
    CityKitchener, Ontario
    Price$1,600,000
    Bed / Bath7 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Wood
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Heating Controls, Separate Hydro MeterOutdoor Features DeckAmenities Arts Centre, Greenbelt/Conservation, Lake/Pond, Library, Park, Public TransitOwnership FreeholdBasement Partially FinishedFoundation StoneHeating / Cooling Heat PumpHeating Fuel ElectricSewer Sewer

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    Listing Agency:  Keller Williams Home Group Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    161 David Street
    Kitchener , Ontario
    7 4 $1,600,000
    Get more info