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136 Dunsmere Drive, Kitchener, ON N2E 1V7

Kitchener, ON, N2E 1V7

6 Beds
2 Baths
Sq Ft
6 Parking
Duplex Type
X13759364 MLS#

About this property

**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).**

Features & Amenities

  • Basement: Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
  • Garage: Other
  • Cooling: Wall Unit(s)
  • Heat Type: Baseboard
  • Heat Source: Electric
  • Style: Bungalow
  • Construction: Vinyl Siding, Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Duplex
Architectural Style Bungalow
Bedrooms 6
Bathrooms 2
Basement Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Garage Other
Parking Spaces 6
Heat Type Baseboard
Heat Source Electric
Cooling Wall Unit(s)
Sewer Sewer
Annual Tax $4,409
Tax Year 2026

Interior Features

Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Sump Pump, Upgraded Insulation, Water Heater, Water Heater Owned, Water Meter, Water Softener

Exterior Features

Exterior Features
Porch
Other Structures
Gazebo, Storage
Pool Features
None

Building & Construction

Architectural Style
Bungalow
Construction Materials
Vinyl Siding, Brick
Foundation Details
Poured Concrete
Roof
Asphalt Shingle
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Approximate Age
51-99

Heating & Cooling

Heat Type
Baseboard
Heat Source
Electric
Cooling
Wall Unit(s)

Parking & Garage

Garage Type
Other
Parking Spaces
6
Parking Total
6.00
Parking Features
Private Double
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
106.07
Lot Width
50.09

Community & Neighborhood

Property Features
Fenced Yard, Public Transit, School

Financial & Tax

Tax Annual Amount
$4,409
Tax Year
2026
Possession Type
Flexible
Possession Details
Immediate

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
1
Rooms Below Grade
1
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
3
Bedrooms Below Grade
3

Additional Details

Occupant Type
Owner
Direction Faces
North
County Or Parish
Waterloo
Cross Street
Westmount Rd.
Directions
Westmount Rd. to Dunsmere
Special Designation
Unknown
Showing Requirements
Lockbox

Location

136 Dunsmere Drive, Kitchener, ON N2E 1V7, Kitchener, ON, N2E 1V7

Listing courtesy of HomeLife Power Realty Inc
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