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$799,000
Est. payment /mo
8 BD
3 BA
New
18 Culpepper DR Waterloo, ON N2L 5K9
UPDATED:
11/24/2024 03:52 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X10463695
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,250
Tax Year 2024
Property Description
Legal Duplex: Carpet-free home featuring 5 bedrooms and 2 full bathrooms on the main levels, plus a 3-bedroom 1 Bathroom Lower Level Apartment. Licensed as Class D for 5 rental bedrooms and Class A for 3 rental bedrooms. Ideal for investors with a 6% CAP rate or first-time buyers looking for a mortgage helper. Located close to the University of Waterloo, Uptown Waterloo, parks, and shopping centers. Nearly $90,000 invested in renovations in 2024, including an upgraded kitchen with quartz countertops, updated bathrooms, a new furnace, new ductwork, and more. Currently rented on a short-term lease for $4,500/month plus utilities until April 2025.
Location
Province ON
County Waterloo
Rooms
Family Room Yes
Basement Finished with Walk-Out
Kitchen 2
Interior
Interior Features Water Heater
Cooling None
Fireplaces Number 1
Fireplaces Type Natural Gas
Inclusions Dryer, Refrigerator, Stove, Washer, 2nd Fridge & Stove in the Basement
Exterior
Garage Private
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Poured Concrete
Listed by REALTY EXECUTIVES EDGE INC.