161 David Street, Kitchener, Ontario, Canada, N2G1Y3
1,600,000
for Sale
7
4
2000-2500
About the property:
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.
Extra info:
All appliances
House features:
All appliances
Fourplex
fourplex
- Property Type:
- Fourplex
- Status:
- for Sale
- House Style:
- fourplex
- Bedrooms:
- 7
- Bathrooms:
- 4
- Land Size:
- 69.5 x 118 FT | < .50 acres
- Central A/C:
- Yes
- Garage/Parking Type:
- Private Triple
- Parking Places:
- 5
- Heating Type:
- Heat Pump
- Heating Fuel:
- Electric
- Cross Street:
- Courtland Ave. W. To David St.
- Exterior:
- Brick,Wood
- Basement:
- Partially Fi, Partially Fi
- Fronting On:
- W
- Possession Date:
- Flexible
- Annual Property Taxes:
- 6,566
- Listing ID:
- X13228434
Rooms
Dimensions
Brokered by:
Keller Williams Home Group Realty
Source: TRREB/PROPTX
Presented By:
Presented By: