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:4069)
Address
18 CULPEPPER Drive
List Price
$799,000
Property Type
Multi-family
Type of Dwelling
Duplex
Style of Home
2 Level
Area
Ontario
Sub-Area
Waterloo
Bedrooms
8
Bathrooms
2
Floor Area
2,680 Sq. Ft.
MLS® Number
40680300
Listing Brokerage
Realty Executives Edge Inc
Basement Area
Full (Finished)
Postal Code
N2L5K9
Zoning
SR1A
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools
