We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
161 DAVID STREET, Kitchener
2026-06-03
Quick Summary
MLS®#X13228434
Property Description
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Public Transit
Building
- Amenities: Separate Heating Controls, Separate Electricity Meters
- Appliances: Water meter, All
- Basement Development: Partially finished
- Basement Type: N/A (Partially finished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Wood
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: Fourplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Conservation/green belt
Land
- Land Size: 69.5 x 118 FT|under 1/2 acre
- Sewer: Sanitary sewer
Structure
- Structure: Deck
Zoning
- Description: Res 4
Information entered by Keller Williams Home Group Realty
Listing information last updated on: 2026-06-03 16:36:02
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Over a dozen years licensed as a Sales Representative in Ontario. I have worked with as different ty ...
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