136 DUNSMERE DRIVE, Kitchener, Ontario, N2E 1V7

MLS® # X13759364

new listing

Investment For Sale In Laurentian Hills, Kitchener, Ontario

$759,999

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Front Elevation Brick exterior w/white siding - 136 Dunsmere Drive, Kitchener, ON

Front Elevation Brick exterior w/attached garage - 136 Dunsmere Drive, Kitchener, ON

Entrance to Main level (unit 1) - 136 Dunsmere Drive, Kitchener, ON

Entrance to basement (unit 2) - 136 Dunsmere Drive, Kitchener, ON

Main level (unit 1) kitchen original image - 136 Dunsmere Drive, Kitchener, ON

Main floor (unit 1) eat-in kitchen dining - 136 Dunsmere Drive, Kitchener, ON

Main flr bathrm w/in-suite laundry-original image - 136 Dunsmere Drive, Kitchener, ON

Main floor (unit 1) living room AI staged - 136 Dunsmere Drive, Kitchener, ON

Main floor bedroom 2 AI staged - 136 Dunsmere Drive, Kitchener, ON

Main floor bedroom 3 AI staged - 136 Dunsmere Drive, Kitchener, ON

Main floor primary bedroom AI staged - 136 Dunsmere Drive, Kitchener, ON

Basement (unit 2) living room AI staged - 136 Dunsmere Drive, Kitchener, ON

Basement (unit 2) updated kitchen - 136 Dunsmere Drive, Kitchener, ON

Basement (unit 2) bedroom 1 - original image - 136 Dunsmere Drive, Kitchener, ON

Basement (unit 2) bdrm 3 (AI staged) - 136 Dunsmere Drive, Kitchener, ON

Basement (unit 2) bedroom 2 - original image - 136 Dunsmere Drive, Kitchener, ON

Mudroom entrance to basement (unit 2) and storage - 136 Dunsmere Drive, Kitchener, ON

Two seperate storage/shed areas-one for each unit - 136 Dunsmere Drive, Kitchener, ON

Backyard - 136 Dunsmere Drive, Kitchener, ON

Main Floor (unit 1) Plan - 136 Dunsmere Drive, Kitchener, ON

Basement Floor (unit 2) Plan - 136 Dunsmere Drive, Kitchener, ON

Floor Plan - 136 Dunsmere Drive, Kitchener, ON

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136 DUNSMERE DRIVE, Kitchener, Ontario, N2E 1V7

$759,999

Property Information:

**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:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Air Conditioning: Yes
Amenities: Separate Heating Controls, Separate Hydro Meters
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, N/A, N/A, Full
Construction Status: Insulation upgraded
Exterior Finish: Vinyl siding, Brick
Floor Space: 1100 - 1500 sqft
Flooring Type: Vinyl
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters, Heat Pump
Heating Fuel: Electric, Other
Cooling Type: Wall unit
Appliances: Water meter, Water softener, Dishwasher, Dryer, Freezer, Two stoves

Property Features:

Property Type: Multi-family
Amenities Nearby: Public Transit, Schools
Features: Gazebo, Sump Pump
Fence Type: Fenced yard
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 106.1 Feet
Lot Frontage: 50.1 Feet
Lot Size: 50.1 x 106.1 FT
Structure Type: Porch
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Zoning: R2A
Sewer: Sanitary sewer
Parking Type: Other, No Garage
No. of Parking Spaces: 6

Rooms:

Kitchen Basement Level 3.37 m x 5.07 m
Living Basement Level 3.40 m x 4.69 m
Bathroom Basement Level 2.03 m x 2.23 m
Utility Basement Level 0.80 m x 1.07 m
Primary Bedroom Basement Level 3.37 m x 4.03 m
2nd Bedroom Basement Level 3.40 m x 3.15 m
3rd Bedroom Basement Level 2.58 m x 3.65 m
Bathroom Main Level 2.66 m x 2.10 m
Primary Bedroom Main Level 3.33 m x 3.62 m
2nd Bedroom Main Level 3.33 m x 3.65 m
3rd Bedroom Main Level 3.00 m x 3.61 m
Kitchen Main Level 2.37 m x 2.86 m
Living Main Level 3.44 m x 5.76 m
Dining Main Level 3.69 m x 2.83 m
Other Ground Level 3.28 m x 2.04 m
Mudroom Ground Level 3.28 m x 1.80 m

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Courtesy of: HomeLife Power Realty Inc

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