136 Dunsmere Drive Kitchener, ON N2E 1V7
Listing Courtesy of: PropTX - IDX / Listed By: Homelife Power Realty Inc

  136 Dunsmere Drive Kitchener, ON N2E 1V7

Active
$551,645 (USD)
6
BED
2
BATH
1100-1500
SQFT

Description

**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).**

MLS®:
X13759364
Taxes
$4,409(2026)
Type
Multifamily
Style
Bungalow
County
Waterloo Regional Municipality

Listed By

Homelife Power Realty Inc
Source
PropTX - IDX
Last checked Sep 9 2026 at 8:44 PM GMT+0000
Bathroom Details
Interior Features
  • Water Softener
  • Sump Pump
  • Water Heater
  • Water Heater Owned
  • Upgraded Insulation
  • Water Meter
  • Separate Hydro Meter
  • Separate Heating Controls
  • In-Law Capability
  • Storage Area Lockers
  • Primary Bedroom - Main Floor
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
  • Wall Unit(s)
Basement Information
  • Finished
  • Full
  • Apartment
  • Separate Entrance
  • Finished With Walk-Out
  • Walk-Out
Pool Information
  • None
Exterior Features
  • Brick
  • Vinyl Siding
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Electric
  • Energy: Energy Certificate: No
Garage
  • Other
Parking
  • Private Double
Stories
  • 1
Location
   
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/9/26 13:44