For SaleFourplex · 2-StoreyMLS® #X14163978 · TRREB MLS®
161 David St, Kitchener, Ontario
Kitchener, Ontario N2G 1Y3
- Bedrooms
- 7
- Lot Size
- 69.5 x 118 ft
- Bathrooms
- 4
- Type
- Fourplex
- Basement
- Partly Finished
$1,600,000
Estimated market value
About 161 David St
161 David St is a 7-bedroom, 4-bathroom fourplex in Kitchener, listed for sale at an asking price of $1,600,000 (MLS® X14163978).
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.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $6,566 / 2026
- MLS® number
- X14163978
- Board
- TRREB MLS®
- Property Type
- Fourplex
- Building Age
- 100+
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 69.5 x 118 ft
- Listed on
- Parking
- None, 5 Parking
Listing history
Buy/sell history for 161 David St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,600,000 | N/A | For Sale | X14163978 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Fourplex
- Style
- 2-Storey
- Municipality
- Kitchener
Building
- Size
- 2000-2500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 7
- Bathrooms
- 4
- Bathroom Details
- 1 × 3pc Main, 1 × 3pc Main, 1 × 3pc 2nd, 1 × 3pc 2nd
- Basement Type
- Partly Finished
- Kitchens
- 4
Parking
- Driveway
- Private Triple
- Garage Type
- None
- Additional Parking
- 5
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Heat Pump
Land
- Sewer
- Sewers
- Frontage
- 69.5 ft
- Depth
- 118 ft
- Lot Size
- 69.5 x 118 ft
Additional
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All furniture can be negotiable
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Multiplexes for sale in Kitchener right now
- For sale now
- 5
- Median asking price
- $1.55M
- New in 7 days
- 1
- Price cuts
- 20%
Middle half: $1.18M to $1.6M
2 in 28 days
1 listing
This home is asking 3% above the median.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $28,475
- Total land transfer tax
- $28,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $24,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,600,000
- $24,000
- Ontario total
- $28,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m17 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.4 m below ground nearbyThe middle water level in the well records within 500 m (97 records). It changes with the season and from spot to spot.500 m
- Bedrock about 46.3 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 8.0 km8 km
Province of Ontario open data · Municipal development applications
Around the home2
- Nearest rail line: 120 m120 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (0 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kitchener. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| J F Carmichael Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 800 m | 60%Grade 6 average |
| St John Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.1 km | 56%Grade 6 average |
| St Bernadette Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.2 km | 72%Grade 6 average |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 3.2 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Cameron Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 1.2 km | 74%Grade 9 math |
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 1.6 km | 73%Grade 9 math |
| St Mary's High SchoolWaterloo CDSB | Catholic · grades 9–12 | 3.5 km | 48%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 6.8 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Victoria Park | GRT light rail: ION light rail | 700 m |
| Queen | GRT light rail: ION light rail | 750 m |
| Frederick | GRT light rail: ION light rail | 1 km |
| Kitchener City Hall | GRT light rail: ION light rail | 1 km |
| Kitchener GO | GO Transit train: Kitchener | 1.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.
Lot
- Lot area
- 8,201 sq ft762 m²
- Street frontage
- 69.5 ft21.2 m
- Depth
- 118 ft36 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $320,000
- Total mortgage amount
- $1,280,000
- Total interest payment
- $910,000
- Total purchase cost
- $2,510,000
- Mortgage payment
- $7,300/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$7,847- Rent $0
- Shortfall $7,847
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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