161 David Street, Kitchener, ON N2G 1Y3
Kitchener · Near Courtland Ave. W. To David St. · View map
About this home
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.
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 7
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 15
- Basement
- Partially Finished
- Lot size
- 69.5 x 118 ft
- Faces
- West
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Wood
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Heat Pump
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
- Parking features
- Private Triple
Taxes & other
- Property taxes
- $6,566/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Courtland Ave. W. To David St.
More
- Price per sq ft
- ~$711 (at 2,250 sq ft)
- MLS® number
- X14163978
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The home and its surroundings
- Separate Heating Controls
- Separate Hydro Meter
- Arts Centre
- Greenbelt/Conservation
- Lake/Pond
- Library
- Park
- Public Transit
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
161 David Street, Kitchener, ON N2G 1Y3
Kitchener · Near Courtland Ave. W. To David St.
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Listing history for 161 David Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 161 David Street
Answers come straight from this home’s MLS® listing.
How much is 161 David Street listed for, and what would it cost each month?
161 David Street is listed for $1,600,000. With 20% down ($320,000), the mortgage payment would be roughly $6,454 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,001 a month, all in. That figure is an illustration, not a quote.
Is 161 David Street freehold or a condo, and is there a monthly fee?
161 David Street is a fourplex in Kitchener. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 161 David Street have?
161 David Street has 7 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 161 David Street have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 161 David Street have a finished basement?
The listing describes the basement as partially finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 161 David Street?
161 David Street is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 161 David Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 69.5 x 118 ft.
How is 161 David Street heated and cooled?
Heating is heat pump (electric). Cooling is central air.
What are the property taxes for 161 David Street?
Property taxes are $6,566 a year (2026), or about $547 a month.
Where is 161 David Street?
161 David Street is in Kitchener. The nearest main intersection is Courtland Ave. W. To David St.. The postal code is N2G 1Y3.
Is 161 David Street still for sale?
Yes. It is an active listing (MLS® X14163978). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 161 David Street asking?
Similar properties for sale nearby right now include 95 Franklin Street N at $1,549,900 (8 bed), 101 Secord Avenue at $1,175,000 (6 bed) and 67 Louisa Street at $1,749,000 (9 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 161 David Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 161 David Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kitchener, picked by style, size and price.
Fourplex$1,549,90095 Franklin Street N, Kitchener8 bed · 6 bathCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →
Fourplex$1,175,000101 Secord Avenue, Kitchener6 bed · 4 bathCourtesy of: ROYAL LEPAGE WOLLE REALTYView home →
Fourplex$1,749,00067 Louisa Street, Kitchener9 bed · 5 bathCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →Courtesy of: Keller Williams Home Group Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.