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