
136 DUNSMERE Drive
Kitchener, Ontario
6 bed • 2 bath • Multi-family
**OPEN HOUSE on Sat, July 25, 2pm-4pm** Vacant possession. Endless potential. This 6-bedroom legal duplex bungalow is FULLY VACANT on closing — a rare opportunity for investors to set market rents from day one, for new buyers to secure a built-in mortgage helper, or for multi-generational families seeking flexible living arrangements. With over $130,000 in upgrades completed within the last year, this turn-key property delivers immediate value. Featuring 6 bedrooms (3+3), separate hydro meters, private entrances, spacious storage areas, and complete separation between units, this duplex is ideally suited for investors and owner-occupiers alike. The bright main floor features an updated kitchen, living & dining areas, 3 bedrooms, a full bathroom, in-suite laundry, and extensive recent upgrades, including quality new flooring throughout. The updated lower level offers a spacious 3-bedroom layout with a new kitchen, full bathroom, large living area with oversized egress window, in-suite laundry, and new appliances. Major 2025 improvements include a brand-new roof, complete replacement of all original aluminum wiring with copper wiring, new electric water heater, water softener system, separate plumbing shut-offs for each unit, and the replacement of the old HVAC system with 8 energy-efficient heat pumps providing individualized comfort throughout the home. A fully gas-free property, eliminating monthly gas bills while offering efficient year-round heating and cooling. The garage has been divided into two separate storage areas, one for each unit. Outside, you'll find a fully fenced backyard with mature trees, updated landscaping, and plenty of space for a future shed. The double-wide driveway accommodates up to 6 vehicles. Conveniently located on a bus route and close to schools, shopping, parks, and major amenities. This move-in-ready duplex presents an outstanding opportunity in one of Kitchener's most desirable neighbourhoods.
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
- 101.0%
Based on 1,925 recorded sales of multi-family properties in Kitchener over the last 12 months.
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Location
Mortgage Calculator
$159,800
Estimated Monthly Payment
$3,925
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,925/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.