136 DUNSMERE DRIVE, Kitchener, Ontario, N2E 1V7
$759,999MLS® # X13759364
Investment For Sale In Laurentian Hills, Kitchener, Ontario
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
- Bedrooms: 3+3
- Bathrooms: 2
- 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 11.06 ft x 16.63 ft
- Living Basement Level 3.40 m x 4.69 m 11.15 ft x 15.39 ft
- Bathroom Basement Level 2.03 m x 2.23 m 6.66 ft x 7.32 ft
- Utility Basement Level 0.80 m x 1.07 m 2.62 ft x 3.51 ft
- Primary Bedroom Basement Level 3.37 m x 4.03 m 11.06 ft x 13.22 ft
- 2nd Bedroom Basement Level 3.40 m x 3.15 m 11.15 ft x 10.33 ft
- 3rd Bedroom Basement Level 2.58 m x 3.65 m 8.46 ft x 11.98 ft
- Bathroom Main Level 2.66 m x 2.10 m 8.73 ft x 6.89 ft
- Primary Bedroom Main Level 3.33 m x 3.62 m 10.93 ft x 11.88 ft
- 2nd Bedroom Main Level 3.33 m x 3.65 m 10.93 ft x 11.98 ft
- 3rd Bedroom Main Level 3.00 m x 3.61 m 9.84 ft x 11.84 ft
- Kitchen Main Level 2.37 m x 2.86 m 7.78 ft x 9.38 ft
- Living Main Level 3.44 m x 5.76 m 11.29 ft x 18.90 ft
- Dining Main Level 3.69 m x 2.83 m 12.11 ft x 9.28 ft
- Other Ground Level 3.28 m x 2.04 m 10.76 ft x 6.69 ft
- Mudroom Ground Level 3.28 m x 1.80 m 10.76 ft x 5.91 ft
Courtesy of: HomeLife Power Realty Inc
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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
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