Listed for:Listed Jun 2, 2026
$1,600,000

161 David Street

Kitchener (Victoria Park), ON N2G 1Y3

Multiplex For Sale
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Sale & Price History for 161 David Street, Kitchener, Victoria Park

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 161 David Street, Kitchener, Victoria Park

Summarized Description

  • Turnkey income property in Kitchener's sought-after neighbourhood
  • Fully renovated fourplex with high-end finishes
  • Generates $98,400 gross annual income
  • Each unit has in-suite laundry and private outdoor space
  • Zero deferred maintenance with new systems throughout
  • Excellent tenant diversity with four self-contained units
  • Historic charm combined with modern interior design
  • Rare opportunity in a competitive real estate market

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,566
Land Transfer Tax Fee
$28,475

Rental Items

Rental Equipment
None

Basement Type
Partially Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Separate Heating Controls, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Arts Centre, Greenbelt/Conservation, Lake/Pond, Library, Park, Public Transit

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick, Wood
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Heritage

Lot

Lot Front
69.50 ft
Lot Depth
118.00 ft

Inclusions

Inclusions
All appliances

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Electric
Heat Type
Heat Pump
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
7
Washrooms
4
Kitchens
4

Washrooms

  • 3-piece, Main
  • 3-piece, Main
  • 3-piece, Second
  • 3-piece, Second

Municipality
Kitchener
Neighbourhood
Victoria Park
Main cross streets
Courtland Ave. W. To David St.
Zoning
Res 4
Directions
Courtland Ave. W. To David St.

MLS® number
X13228434
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-02
Updated on
2026-06-03
Days on market
135 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
Keller Williams Home Group Realty

Home Market Value

Current home valuation for 161 David Street, Kitchener, Victoria Park, Kitchener, ON. Listed for $1,600,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 161 David Street, Kitchener, Victoria Park

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Kitchener, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$320,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,280,000$1,200,000$1,120,000$1,040,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,250monthly$5,859monthly$5,468monthly$5,078monthly
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Land Transfer Tax

Provincial

$28,475

Total Land Transfer Tax

$28,475

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