
136 DUNSMERE Drive
Kitchener, Ontario
- 6 bed
- 2 bath
- Multi-family
Attention investors and savvy buyers! This turn-key legal duplex bungalow in sought-after Laurentian Hills offers a rare chance to generate strong rental income and it's offered FULLY VACANT on closing, letting you set market rents from day one. With over $130,000 in upgrades completed in the last year, this 3+3 home provides two self-contained units with private entrances, separate hydro meters, and full separation between levels, ideal for any investment portfolio or multi-generational families. The bright main-floor unit features 3 spacious bedrooms, a full bathroom, an updated kitchen, living and dining areas, in-suite laundry, and new flooring - with a projected market rent of approximately $2,600/month. The finished lower unit offers a 3-bedroom layout with updated kitchen, full bathroom, large living area with oversized egress window, in-suite laundry, and new appliances, with a projected rent of approximately $2,200/month - a combined estimated $4,800/month potential gross income. Major 2025 improvements deliver peace of mind: brand-new roof, full replacement of aluminum wiring with copper, new electric water heater, water softener, separate plumbing shut-offs per unit, and 8 energy-efficient heat pumps for individualized heating/cooling. The property is now fully gas-free, eliminating monthly gas bills while offering efficient year-round comfort. Outside, the divided shed provides separate storage for each unit, and a fully fenced backyard with mature trees, updated landscaping, and a gazebo offers private outdoor space. The double-wide driveway fits up to 6 vehicles. Built in 1974 and extensively modernized, this home sits on a bus route close to schools, shopping, parks, and amenities. With 6 bedrooms, 2 full bathrooms, separate living spaces, ample parking, and strong income potential, this move-in-ready legal duplex is an outstanding opportunity for investors, multi-generational families, or owner-occupants.
Price History
Schools
Elementary
- Laurentian Public School0.3 km
Public · Waterloo Region DSB · 360 students
- Trillium Public School0.4 km
Public · Waterloo Region DSB · 215 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Glencairn Public School0.7 km
Public · Waterloo Region DSB · 295 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 63% met the provincial standard
Secondary
- Forest Heights Collegiate Institute2.2 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- St Mary's High School2.4 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- Huron Heights Secondary School3.4 km
Public · Waterloo Region DSB · 1455 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2E
- Population
- 40,428
- Private dwellings
- 14,544
- Median age
- 36.4
- Average household size
- 2.8
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,925 recorded sales of multi-family properties in Kitchener over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$169,980
Estimated Monthly Payment
$4,175
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,175/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?