136 Dunsmere Drive
Kitchener, N2E 1V7
FOR SALE
$759,999
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3 + 3
BEDROOMS 2
BATHROOMS 1 + 1
KITCHENS 1 + 1
ROOMS X13759364
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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).**
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Property Features
Fenced Yard, Public Transit, School, 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, Private Double
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Property Details
Address
136 Dunsmere Drive
City
Postal Code
N2E 1V7
Property Type
Duplex, Duplex
Zoning
R2A
Lot Size
50' x 106'
Taxes
$4,409 (2026
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Exterior
Porch
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
Other
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Listing contracted with Homelife Power Realty Inc
Welcome to 154 Appalachian Crescent, a beautifully updated legal duplex tucked away on a quiet crescent and backing onto mature green space. Offering exceptional flexibility for homeowners and investors alike, this property is ideal for multi-generational living, generating rental income, or adding a versatile investment property to your portfolio. The upper level features a bright, open-concept layout with modern finishes throughout. The stylish kitchen is designed for everyday living and entertaining, complete with a large centre island, ample cabinetry, and seamless sightlines into the spacious living and dining areas. Large windows fill the home with natural light while showcasing peaceful views of the trees beyond. Three well-sized bedrooms and an updated bathroom complete the main floor. The fully self-contained lower-level suite offers its own private entrance and is finished with contemporary flooring, pot lights, a modern kitchen with quartz countertops and a tiled backsplash, an inviting living area, two spacious bedrooms, a versatile den that's perfect for a home office, and an updated bathroom. Whether used as a mortgage helper or private space for extended family, this legal suite provides outstanding versatility. Step outside to your own backyard retreat. Backing directly onto a treed park with no rear neighbours, the private yard features a beautiful inground pool, creating the perfect setting for relaxing summer days, entertaining friends and family, or enjoying the peaceful natural surroundings. Parking is never an issue with an extra-wide driveway, deep carport, and space for up to five vehicles. Conveniently located just minutes from Highway 7/8, shopping, restaurants, schools, McLennan Park, walking trails, and everyday amenities, this is a rare opportunity to own a move-in-ready legal duplex in one of Kitchener's most convenient neighbourhoods.
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This versatile 4-bedroom, 2-bathroom home offers the opportunity of modern family comfort, incredible investment potential, or an ideal mortgage-helper setup. The main floor welcomes you with a bright, open-concept layout that effortlessly connects the living spaces to a beautifully updated kitchen with granite countertop, creating the perfect hub for everyday family living. The smart layout features one bedroom on the main floor and two spacious bedrooms upstairs, while the fourth bedroom is located in the basement. The lower level serves as a massive asset, doubling as a spacious family room or converting easily into a completely separate duplex unit. This private basement space comes equipped with its own kitchen, living room, and bathroom, offering an exceptional opportunity to generate rental income to offset your mortgage or house extended family. Outside, the property shines with a large lot situated on a peaceful, quiet street, featuring a detached garage that is perfectly suited to park the car or become a dream workshop, man cave or she shack.
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Welcome to this beautifully updated purpose-built legal duplex offering the perfect combination of modern living and income potential. Ideal for first-time buyers, families, multi-generational living, or investors, this property features a spacious 3-bedroom upper unit and a separate 1-bedroom legal lower unit. Each unit offers its own private entrance, laundry, HVAC system, and separate metering for all utilities. Enjoy a total of approximately 1,720 sq. ft. of finished living space, including 1,198 sq. ft. on the upper level and 520 sq. ft. on the lower level. The home has been extensively updated with new flooring, fresh paint, modern lighting, renovated bathrooms and a stunning kitchen featuring new cabinetry, quartz countertops & backsplash, a large quartz island and new appliances. Enjoy separate utilities, parking for 4 vehicles, fresh landscaping, a new shed, new upper-level A/C and lower-level heat pumps. Conveniently located near Highway 8/401, Fairview Park Mall, schools, parks and transit. Move in and let the second unit help pay your mortgage or add a turnkey legal duplex to your investment portfolio.
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