136 Dunsmere Drive Kitchener, Ontario N2E 1V7

$759,999

**OPEN HOUSE Sat, Sept 12th, 1-4pm** *Turn-key investment opportunity* This 6-bedroom legal duplex bungalow is FULLY VACANT on closing, allowing investors to set market rents from day one. Over $130,000 in upgrades completed within the last year minimize near-term capital expenditures and maximize immediate cash flow. Each unit has its own separate hydro meter, allowing tenants to be billed directly and reducing landlord-side utility costs. Complete separation between units, private entrances, and full copper rewiring (2025) add further appeal for tenant retention and reduced maintenance risk. The main floor offers an updated kitchen, living/dining areas, 3 bedrooms, a full bath, and in-suite laundry, with new flooring throughout. The lower level features a new kitchen, full bath, spacious living area with oversized egress window, in-suite laundry, and new appliances. 2025 upgrades also include a new roof, new electric water heater, water softener, and separate plumbing shut-offs per unit. 8 brand-new energy-efficient heat pumps were installed last year, performing with no issues through this past extreme winter - rated to -30C with 100% capacity at -15C, each backed by a 10-year parts warranty. Every bedroom has independent temperature control, a strong tenant-retention feature. Baseboard heating provides supplemental warmth in the basement, and the property is currently gas-free, though natural gas remains available on-site should a buyer wish to install a furnace. Garage divided into 2 separate storage areas. Double-wide driveway fits up to 6 vehicles. This is a rare, fully vacant, move-in-ready duplex offering strong day-one cash flow in one of Kitchener's most desirable neighbourhoods, located on a bus route, close to schools, shopping, and parks. **Investment Highlights: Estimated gross rents (2026 market rates) are $58,000/year combined, making estimated ROI just over 6% (after annual property taxes of $4,400 + insurance of $207/month).** (id:49269)

Open House

This property has open houses!

Property Details

MLS® Number	X13759364
Property Type	Multi-family
Amenities Near By	Public Transit, Schools
Features	Gazebo, Sump Pump
Parking Space Total	6
Structure	Porch

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	3
Bedrooms Total	6
Age	51 To 99 Years
Amenities	Separate Heating Controls, Separate Electricity Meters
Appliances	Water Heater, Water Meter, Water Softener, Dishwasher, Dryer, Freezer, Two Stoves, Two Washers, Two Refrigerators
Architectural Style	Bungalow
Basement Development	Finished
Basement Features	Apartment In Basement, Walk Out, Separate Entrance
Basement Type	N/a, N/a (finished), N/a, Full
Construction Status	Insulation Upgraded
Cooling Type	Wall Unit
Exterior Finish	Vinyl Siding, Brick
Flooring Type	Vinyl
Foundation Type	Poured Concrete
Heating Fuel	Electric, Other
Heating Type	Baseboard Heaters, Heat Pump
Stories Total	1
Size Interior	1,100 - 1,500 Sqft
Type	Duplex
Utility Water	Municipal Water

Parking

Other
No Garage

Land

Acreage	No
Fence Type	Fenced Yard
Land Amenities	Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	106 Ft ,1 In
Size Frontage	50 Ft ,1 In
Size Irregular	50.1 X 106.1 Ft
Size Total Text	50.1 X 106.1 Ft|under 1/2 Acre
Zoning Description	R2a

Rooms

Level	Type	Length	Width	Dimensions
Basement	Kitchen	3.37 m	5.07 m	3.37 m x 5.07 m
Basement	Living Room	3.4 m	4.69 m	3.4 m x 4.69 m
Basement	Bathroom	2.03 m	2.23 m	2.03 m x 2.23 m
Basement	Utility Room	0.8 m	1.07 m	0.8 m x 1.07 m
Basement	Primary Bedroom	3.37 m	4.03 m	3.37 m x 4.03 m
Basement	Bedroom 2	3.4 m	3.15 m	3.4 m x 3.15 m
Basement	Bedroom 3	2.58 m	3.65 m	2.58 m x 3.65 m
Main Level	Bathroom	2.66 m	2.1 m	2.66 m x 2.1 m
Main Level	Primary Bedroom	3.33 m	3.62 m	3.33 m x 3.62 m
Main Level	Bedroom 2	3.33 m	3.65 m	3.33 m x 3.65 m
Main Level	Bedroom 3	3 m	3.61 m	3 m x 3.61 m
Main Level	Kitchen	2.37 m	2.86 m	2.37 m x 2.86 m
Main Level	Living Room	3.44 m	5.76 m	3.44 m x 5.76 m
Main Level	Dining Room	3.69 m	2.83 m	3.69 m x 2.83 m
Ground Level	Other	3.28 m	2.04 m	3.28 m x 2.04 m
Ground Level	Mud Room	3.28 m	1.8 m	3.28 m x 1.8 m

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30251335/136-dunsmere-drive-kitchener