18 CULPEPPER Drive new

Waterloo,ON N2L5K9

$ 799000

8 Beds

2 Baths

2680 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,680 sqft

Price per Sqft $298

Subdivision 415 - Uptown Waterloo/Westmount

MLS Listing ID 40680300

Style 2 Level

Bedrooms 8

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. (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling None

Exterior

Garage No

Community Features High Traffic Area

View Y/N No

Building

Story 2

Sewer Municipal sewage system

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