136 Dunsmere Drive, Kitchener, Ontario, Canada, N2E1V7
759,999
for Sale
3 + 3
2
1100-1500
About the 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).**
Extra info:
2 fridges, 2 freezers, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, 1 water softener, 1electric hot water tank, 1 outdoor gazebo
House features:
2 fridges, 2 freezers, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, 1 water softener, 1electric hot water tank, 1 outdoor gazebo
Bungalow
Bungalow
- Property Type:
- Bungalow
- Status:
- for Sale
- House Style:
- Bungalow
- Bedrooms:
- 3 + 3
- Bathrooms:
- 2
- Land Size:
- 50.09 x 106.07 FT | < .50 acres
- Parking Places:
- 6
- Heating Type:
- Baseboard
- Heating Fuel:
- Electric
- Cross Street:
- Westmount Rd.
- Exterior:
- Vinyl Siding,Bri
- Basement:
- Apartment,Fi, Apartment,Fi
- Fronting On:
- N
- Possession Date:
- Immediate
- Annual Property Taxes:
- 4,409
- Listing ID:
- X13759364
Rooms
Dimensions
Main
- Bathroom
- 2.66m x 2.1m 4 Pc Bath
- Primary Bedroom
- 3.33m x 3.62m Closet Vinyl Floor
- Bedroom 2
- 3.33m x 3.65m Closet Vinyl Floor
- Bedroom 3
- 3.0m x 3.61m Closet Vinyl Floor
- Kitchen
- 2.37m x 2.86m Eat-in Kitchen Updated
- Living Room
- 3.44m x 5.76m Vinyl Floor
- Dining Room
- 3.69m x 2.83m Vinyl Floor
Basement
- Primary Bedroom
- 3.37m x 4.3m Closet
- Bedroom 2
- 3.4m x 3.15m Closet
- Bedroom 3
- 2.58m x 3.65m Closet
- Kitchen
- 3.37m x 5.7m Eat-in Kitchen Updated
- Living Room
- 3.4m x 4.69m Updated
- Bathroom
- 2.3m x 2.23m 3 Pc Bath
- Utility Room
- Sump Pump
Ground
- Other
- 3.28m x 2.4m
- Mud Room
- 3.28m x 1.8m
Brokered by:
Homelife Power Realty Inc
Source: TRREB/PROPTX
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