$759,999
Available - For Sale
Listing ID: X13759364
136 Dunsmere Drive , Kitchener, N2E 1V7, Waterloo
| **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).** |
| Price | $759,999 |
| Taxes: | $4409.00 |
| Occupancy: | Owner |
| Address: | 136 Dunsmere Drive , Kitchener, N2E 1V7, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | Westmount Rd. |
| Rooms: | 1 |
| Rooms +: | 1 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment, Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bathroom | 8.72 | 6.89 | 4 Pc Bath |
| Room 2 | Main | Primary B | 10.92 | 11.87 | Closet, Vinyl Floor |
| Room 3 | Main | Bedroom 2 | 10.92 | 11.97 | Closet, Vinyl Floor |
| Room 4 | Main | Bedroom 3 | 9.84 | 11.84 | Closet, Vinyl Floor |
| Room 5 | Main | Kitchen | 7.77 | 9.38 | Eat-in Kitchen, Updated |
| Room 6 | Main | Living Ro | 11.28 | 18.89 | Vinyl Floor |
| Room 7 | Main | Dining Ro | 12.1 | 9.28 | Vinyl Floor |
| Room 8 | Basement | Primary B | 11.05 | 13.22 | Closet |
| Room 9 | Basement | Bedroom 2 | 11.15 | 10.33 | Closet |
| Room 10 | Basement | Bedroom 3 | 8.46 | 11.97 | Closet |
| Room 11 | Basement | Kitchen | 11.05 | 16.63 | Eat-in Kitchen, Updated |
| Room 12 | Basement | Living Ro | 11.15 | 15.38 | Updated |
| Room 13 | Basement | Bathroom | 6.66 | 7.31 | 3 Pc Bath |
| Room 14 | Basement | Utility R | 2.62 | 3.51 | Sump Pump |
| Room 15 | Ground | Other | 10.76 | 6.69 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Duplex |
| Style: | Bungalow |
| Exterior: | Vinyl Siding, Brick |
| Garage Type: | Other |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Other Structures: | Gazebo, Storag |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Fenced Yard, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| HomeLife Power Realty Inc |
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|
Faro Abrishami
Sales Representative
Dir:
416-315-2319
Bus:
905-828-1122
Fax:
905-828-7925
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | Bungalow |
| Approximate Age: | 51-99 |
| Tax: | $4,409 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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