$799,000
18 Culpepper Dr
, Waterloo, Ontario, N2L 5K9
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TRREB.
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.
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