18 CULPEPPER Drive, Waterloo, Ontario

$799,000

8 Beds
2 Baths
2,680 Square Feet

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. (id:23309)

Listing ID: 40680300
Property Type: Multi-family

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Details

Architectural Style: 2 Level
Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Community Features: High Traffic Area
Equipment: Water Heater
Features: Paved driveway
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: SR1A

Building

Architectural Style: 2 Level
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 5
Bedrooms Lower Level: 3
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2680 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 60 ft

Listing provided by Realty Executives Edge Inc
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 18 CULPEPPER Drive in Waterloo Ontario. It was last modified on November 22nd, 2024. Contact the AJ Collective to schedule a viewing or to discover other Waterloo real estate for sale.

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