18 Culpepper DR new

Waterloo,ON N2L 5K9

$ 799000

8 Beds

3 Baths

- SqFt


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

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