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Michael Lau

info@callmikelau.com +1(416) 700-0286

$ 759,999

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136 Dunsmere DR Kitchener, ON N2E 1V7

3 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X13759364

Style Bungalow

Bedrooms 3

Annual Tax Amount $4,409

Tax Year 2026

Property Sub-Type Duplex

Property 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).**

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished

Kitchen 2

Separate Den/Office 3

Interior

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

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Porch

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.09

Lot Depth 106.07

Total Parking Spaces 6

Building

Building Age 51-99

Unit Features Fenced Yard,Public Transit,School

Foundation Poured Concrete

Others

ParcelsYN No

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Listed by HomeLife Power Realty Inc

Nearby Locations

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Michael Lau

+1(416) 700-0286

info@callmikelau.com

Michael Lau

136 Dunsmere DR Kitchener, ON N2E 1V7

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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136 Dunsmere DR