50
$1,600,000 Sale
Listed 18 hours ago
161 DAVID STREET
· 7
· 4.0
· 5
· 2000 - 2500
Key Facts
Key facts for 161 DAVID STREET
Property Type
Apartment
Parking
Garage: No, 5 parking
MLS #
X14163978
Size
2000 - 2500 sqft
Basement
Partially finished, N/A (Partially finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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:10452)
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Listing courtesy of: Keller Williams Home Group Realty
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