18 Culpepper Drive, Waterloo
- Bedrooms: 8
- Bathrooms: 3
- Living area: 2680 square feet
- Type: Residential
- Added: 8 hours ago
- Updated: 7 hours ago
- Last Checked: 14 minutes ago
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:1945)
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Property DetailsKey information about 18 Culpepper Drive
- Cooling: None
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: House
- Exterior Features: Brick
- Foundation Details: Poured Concrete
- Architectural Style: 2 Level
- Property Type: Duplex
- Total Bedrooms: 8
- Total Bathrooms: 3
- Main Levels Bedrooms: 5
- Main Levels Bathrooms: 2
- Lower Level Bedrooms: 3
- Lower Level Bathrooms: 1
- Rental Licensing: Class D: 5, Class A: 3
Interior FeaturesDiscover the interior design and amenities
- Basement: Finished, Full
- Appliances: Washer, Refrigerator, Stove, Dryer
- Living Area: 2680
- Bedrooms Total: 8
- Above Grade Finished Area: 1584
- Below Grade Finished Area: 1096
- Above Grade Finished Area Units: square feet
- Below Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Owner
- Below Grade Finished Area Source: Owner
- Carpet Free: true
- Kitchen: Upgrade: 2024, Countertops: Quartz
- Bathrooms: Update: 2024
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 18 Culpepper Drive
- Lot Features: Paved driveway
- Water Source: Municipal water
- Parking Total: 4
- Parking Features: None
Location & CommunityUnderstand the neighborhood and community
- Directions: Near corner of Culpepper and Erb Street West
- Common Interest: Freehold
- Subdivision Name: 415 - Uptown Waterloo/Westmount
- Community Features: High Traffic Area
- Proximity: University of Waterloo, Uptown Waterloo, Parks, Shopping Centers
Business & Leasing InformationCheck business and leasing options available at 18 Culpepper Drive
- CAP Rate: 6%
- Current Lease: Type: Short-Term, Rental Income: $4,500/month, Utilities: Plus utilities, Lease Until: April 2025
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
- Renovation Investment: $90,000
- New Furnace: true
- New Ductwork: true
Tax & Legal InformationGet tax and legal details applicable to 18 Culpepper Drive
- Tax Annual Amount: 4250.17
- Zoning Description: SR1A
Additional FeaturesExplore extra features and benefits
- Security Features: Smoke Detectors
Room Dimensions
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