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$799,000
Status: For Sale
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.
| Property Type | :Residential |
|---|---|
| MLS Number | :40670919 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :22 Nov, 2024 (6 Hours ago) |
| Source | :Guelph & District |
| Area | :Waterloo |
|---|---|
| City | :Waterloo |
| Area Major | :4 - Waterloo West |
| Area Minor | :415 - Uptown Waterloo/Westmount |
| Postal Code | :
N2L 5K9
|
| Directions | :Near corner of Culpepper and Erb Street West |
| Price | : $799,000 |
|---|---|
| Property Taxes | :$4250.17 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :15 |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Erb Street West |
| Bathrooms | :3 |
|---|---|
| Approx Square Footage | :2680 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Living Room/Dining Room | :6.55 m x 3.25 m |
|---|---|
| Bathroom | :2.24 m x 1.04 m |
| Kitchen | :2.95 m x 2.54 m |
| Bedroom | :3.73 m x 3.48 m |
| Living Room/Dining Room | :3.71 m x 3.45 m |
| Bedroom | :4.17 m x 3.45 m |
|---|---|
| Bedroom | :3.48 m x 3.15 m |
| Bedroom | :4.44 m x 2.62 m |
| Bedroom | :3.20 m x 2.57 m |
| Bathroom | :1.85 m x 1.45 m |
22 Nov, 2024
TREB #40670919
Listed
$799000
