136 DUNSMERE DRIVE, Kitchener, ON N2E1V7
136 DUNSMERE DRIVE, Kitchener, ON N2E1V7
136 DUNSMERE DRIVE, Kitchener, ON N2E1V7
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$759,999
Est. payment /mo
6 Beds
2 Baths
1,100 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $690

MLS® Listing ID X13759364

Style Bungalow

Bedrooms 6

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).** (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 3.37 m X 5.07 m Kitchen

Extra Room 2 Basement 3.4 m X 4.69 m Living room

Extra Room 3 Basement 2.03 m X 2.23 m Bathroom

Extra Room 4 Basement 0.8 m X 1.07 m Utility room

Extra Room 5 Basement 3.37 m X 4.03 m Primary Bedroom

Extra Room 6 Basement 3.4 m X 3.15 m Bedroom 2

Interior

Heating Baseboard heaters, Heat Pump, ,

Cooling Wall unit

Flooring Vinyl

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

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Listed by HomeLife Power Realty Inc

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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136 DUNSMERE DRIVE

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