For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Kitchener · Waterloo Region

161 David Street

Fourplex

MLS® #X14163978

Listed for$1,600,0001 day on market

7 bed 4 bath 5 parking 2000-2500 sq ft~$711/sq ft

New this week
Listing states: renovated
4 schools within 1 km
Transit stop ~190 m

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Est. all-in monthly~$7,992/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

4 schools within ~1 km · nearest transit stop ~0.19 km

Property information

What house buyers ask first

Lot size: 69.5 × 118 ft
Square footage: 2000-2500 sq ft
Age: ~100+ years old
Property tax: $6,566 / yr
Parking: 5 spaces · None
Basement: Partially Finished

Property summary

Property type: Fourplex
Style: 2-Storey
Approx. age: 100+ years
Lot size: 69.5 × 118 ft
Parking: 5 spaces · None
Heating: Heat Pump
Air conditioning: Central Air
Basement: Partially Finished
Kitchens: 4
Exterior: Brick, Wood
Property tax: $6,566 / yr
MLS®: X14163978

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$500,000

Below recent sales

44 Ruby Street

3 bed · 1 bath·700-1100 sq ft·4 parking

Kitchener · Waterloo Region

Listed 25 days ago · RE/MAX Twin City Realty Inc.

Detached

$550,000

Below recent sales

162 Joseph Street

4 bed · 2 bath·1500-2000 sq ft·4 parking

Kitchener · Waterloo Region

Listed 7 days ago · Real Broker Ontario Ltd.

Detached

$599,000

Below recent sales

121 Park Street

2+1 bed · 3 bath·1100-1500 sq ft·2 parking

Kitchener · Waterloo Region

Listed 12 days ago · Forest Hill Real Estate Inc.

Condo Apartment

$210,000

Below recent sales

119 Cedar Street S, Unit 9

2 bed · 1 bath·700-799 sq ft·1 parking·$868/mo fee

Kitchener · Waterloo Region

Listed 6 days ago · Century 21 Heritage House Ltd

Condo Apartment

$344,900

Below recent sales

410 King Street W, Unit 302

2 bed · 1 bath·900-999 sq ft·2 parking·$1,085/mo fee

Kitchener · Waterloo Region

Listed 1 day ago · Royal LePage Wolle Realty

Detached

$625,000

Below recent sales

145 Church Street

3+1 bed · 2 bath·2000-2500 sq ft·4 parking

Kitchener · Waterloo Region

Listed 22 days ago · Century 21 Heritage House Ltd

The numbers that matter

Property tax: $6,566/yr
Est. all-in: ~$7,992/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Courtland Avenue Public SchoolPublic · Secondary · Waterloo Region DSB0.7 km
J F Carmichael Public SchoolPublic · Elementary · Waterloo Region DSB0.8 km
MAC Maple Grove SchoolPrivate · Elementary & Secondary · ..0.8 km
Blyth Academy WaterlooPrivate · Secondary · ..0.8 km
Pathways Educational Services IncPrivate · Secondary · ..1.1 km
St John Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB1.1 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Queen / SchneiderNearest transit · Bus stop~190 m
KitchenerNearest GO / rail · GO / regional rail~1.3 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Kitchener

$594KMedian sold

29Median days on market

100.7%Sale-to-list

Median sold price · Kitchener1-yr -11% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Kitchener

256,885Population (2021)

37.2Median age

$87,000Median household income

59.7%Home owners

40.3%Renters

2.6Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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 data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by Keller Williams Home Group Realty. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.