7 days on Market

161 David St, Kitchener, Ontario N2G 1Y3

Townhouse
7
4
~2000-2500 sqft
$1,600,000
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Townhouse
7
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$720/sqft

Monthly cost

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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.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size8,201 SqFt(118 x 69.5)
Parking Spaces5
MLS ®NumberX13228434
Community NameVictoria Park
Data SourceTRREB
Listing byKeller Williams Home Group Realty

Features

Heating: Heat Pump
Cooling: Central Air
Basement: Part Fin

Features

Lot size: 8,201 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by Keller Williams Home Group Realty, Brokerage
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Market Data - Victoria Park

Geo Zone Map ThumbnailVictoria Park

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

New Listings

Past 30 days

0 listing

Compared to

2025

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1470
Average household income $101,796

Age (%)

0 to 19
14%
20 to 34
29%
35 to 49
19%
50 to 64
18%
65 and plus
19%

Household composition (%)

Single person
47%
Single family
46%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
84%
Others
2%
German
2%
Spanish
2%
Arabic
2%
French
2%
Portuguese
2%
Serbian
1%

House tenancy (%)

Renters
67%
Owners
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget