161 David St, Kitchener

Name: 161 David Street
SKU: X13228434
Price: 1600000 CAD
Availability: InStock

7 Bed, 4 Bath Fourplex in Kitchener

About 161 David Street

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.

7 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $800 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.

Inside 161 David St

Every detail from the listing, in one place.

Type: Fourplex
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 5 spaces
Basement: Partially Finished

Features & systems

Parking & garage

Parking spaces: 5

Interior

Basement: Partially Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Fourplex

161 David St Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Jun 2, 2026For saleListedThis listingMLS® X13228434$1,600,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 161 David St Compares to the Kitchener Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 1,316 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Kitchener market, last 90 days

Median sold price: $665,000
Average sold price: $690,906
Average days on market: 30
Homes sold: 743

Closed sales on the TRREB MLS®.

Full Kitchener market report

Market pulse · Kitchener

Kitchener market

Median sold price$665,000Last 90 days
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio101.0%On average, homes sold at or above asking.
Active listings800Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 25 – Jul 24, 2026: prices down.

Based on 743 sales from Jul 24 – Oct 22, 2026 (573 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Living in Kitchener: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Victoria Park StationION700 m9 min walk
Queen StationION760 m9 min walk
Frederick StationION950 m12 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Victoria Park Station (ION)9 min walk
Queen Station (ION)9 min walk
Frederick Station (ION)12 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Victoria Park Station
700 m9 minClosest· ION
Homes near Victoria Park Station
Queen Station
760 m9 min· ION
Homes near Queen Station
Frederick Station
950 m12 min· ION
Homes near Frederick Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 161 David St. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 161 David St

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,860; 20% down · 25 years · 5.5% assumed
Property tax: $880; 0.66% mill rate · ON
Total per month: $8,740; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,860

/mo

based on the purchase price of $1,600,000

Down payment20%

$320,000 cash

Amortization25 yr

$1,280,000 financed

Rate5.50%

$1,078,096 total interest

Principal54%$1,280,000

Interest46%$1,078,096

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Zara · AI virtual agent

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A licensed local agent

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Questions About 161 David St

How much is 161 David St listed for?

161 David St is listed at $1,600,000 (MLS® X13228434). Summitly updates the price as soon as the MLS® record changes.

Is $1,600,000 a good price for 161 David St?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 161 David St changed?

No — 161 David St is still listed at its original asking price of $1,600,000.

How many bedrooms and bathrooms does 161 David St have?

161 David St has 7 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a fourplex in Kitchener.

Is 161 David St close to transit?

The nearest rapid-transit station is Victoria Park Station (ION), about 700 m (about a 9-minute walk) in a straight line. Queen Station is about 760 m (about a 9-minute walk), and Frederick Station is about 950 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 161 David St?

About $7,860 a month — principal and interest on $1,600,000 with 20% down ($320,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 161 David St compare with other homes in Kitchener?

Its asking price of $1,600,000 is about 141% above the median sold price in Kitchener over the last 90 days, $665,000, across 743 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 161 David St been sold before?

Summitly has no earlier MLS® sale or lease of 161 David St on record from the last two years. Older records aren't shown under TRREB rules.

Where is 161 David St?

161 David St is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 161 David St been on the market?

142 days — 161 David St was listed on June 2, 2026.

What is the price per square foot of 161 David St?

About $640 to $800 per square foot: the asking price of $1,600,000 over the 2,000–2,500 sq ft the listing gives as its size range.

Does 161 David St have parking or a garage?

Yes — the listing gives 5 parking spaces.

What you should know

7 Bed, 4 Bath Fourplex in Kitchener

About 161 David Street

Inside 161 David St

Features & systems

161 David St Price & Sale History

How 161 David St Compares to the Kitchener Market

Kitchener market, last 90 days

Living in Kitchener: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 161 David St

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on David Street? See what yours is worth

Zara, any time

A licensed local agent

See 161 David St, Kitchener in person

Similar homes for sale nearby in Kitchener

Explore More Fourplexes in Kitchener

7 Bed, 4 Bath Fourplex in Kitchener

About 161 David Street

Inside 161 David St

Features & systems

161 David St Price & Sale History

How 161 David St Compares to the Kitchener Market

Kitchener market, last 90 days

Market pulse · Kitchener

Living in Kitchener: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 161 David St

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on David Street? See what yours is worth

Zara, any time

A licensed local agent

See 161 David St, Kitchener in person

Questions About 161 David St

How much is 161 David St listed for?

Is $1,600,000 a good price for 161 David St?

Has the price of 161 David St changed?

How many bedrooms and bathrooms does 161 David St have?

Is 161 David St close to transit?

How much would the monthly mortgage be on 161 David St?

How does 161 David St compare with other homes in Kitchener?

Has 161 David St been sold before?

Where is 161 David St?

How long has 161 David St been on the market?

What is the price per square foot of 161 David St?

Does 161 David St have parking or a garage?

Similar homes for sale nearby in Kitchener

Explore More Fourplexes in Kitchener

Market pulse · Kitchener

Transit nearby

Transit

Questions About 161 David St

How much is 161 David St listed for?

Is $1,600,000 a good price for 161 David St?

Has the price of 161 David St changed?

How many bedrooms and bathrooms does 161 David St have?

Is 161 David St close to transit?

How much would the monthly mortgage be on 161 David St?

How does 161 David St compare with other homes in Kitchener?

Has 161 David St been sold before?

Where is 161 David St?

How long has 161 David St been on the market?

What is the price per square foot of 161 David St?

Does 161 David St have parking or a garage?