42 Culpepper Drive
Waterloo, N2L 5L1
FOR SALE
$899,900

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2 + 2
BEDROOMS2
BATHROOMS1
KITCHENS7 + 6
ROOMSX13009062
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Property Description
Welcome to 42 Culpepper Drive, nestled within the esteemed Maple Hills Neighbourhood, where community thrives and each home carries its own unique charm. This prime location offers easy access to an array of amenities, including coffee shops, restaurants, Waterloo Park, Westmount Golf Course, and two prestigious universities, making it a highly sought-after address. Situated on an expansive 60' x 115' lot, this Mansard style home epitomizes comfort and elegance. Boasting over 2400 square feet of living space, this four-bedroom residence features a raised bungalow floorplan that bathes in natural light from every angle, accentuating its spacious and airy open-concept layout. Step into the heart of the home - the recently renovated kitchen, a culinary enthusiast's dream equipped with a steam oven (2022) and new fridge (2024). The spacious basement floorplan makes use of every inch of space, featuring high ceilings and a newly renovated bathroom (2022). With ample space for entertaining, the fully fenced backyard, complete with a large patio (29'x 20'), awaits your gatherings with friends and family. Rest assured knowing that this home is equipped with recent upgrades, including a replacement of the flat roof in 2021 a new furnace in 2019, and both a hot water heater and water softener installed in 2023. Additionally, enjoy the convenience of a double car garage, ensuring hassle-free parking. Experience the epitome of modern living and timeless elegance at 42 Culpepper Drive. (This home was originally a 3 + 2 bedroom home that has been renovated into a 2 + 2 Bedroom home. A third bedroom upstairs could be re-added by closing in the Dining Room).
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Property Features
Cul de Sac/Dead End, Golf, Hospital, Library, Park, Place Of Worship, In-Law Capability, Water Heater, Water Softener, Private Double, Natural Gas
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Property Details
Address
42 Culpepper Drive
City
Postal Code
N2L 5L1
Property Type
Detached, Detached
Zoning
R1
Lot Size
60' x 115'
Taxes
$6,588 (2026
Basement
Separate Entrance, Walk-Up
Exterior
Landscape Lighting, Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Listing contracted with Chestnut Park Realty(Southwestern Ontario) Ltd
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Rare Find! Highly auspicious North-facing VASTU-compliant home; Fully Renovated LEGAL DUPLEX - Turnkey & Positive Cash Flow. Minutes from 3 universities 3+2 Bedrooms 2 Full Baths, 2 Kitchens. Detached bungalow on a large lot in a quiet, family-friendly avenue in the desirable Lincoln Heights / Glenridge neighbourhood - within the boundary of top-rated schools. MAIN FLOOR: Spacious layout with a Large primary bedroom and walk-out to a private deck overlooking the backyard, plus two additional regular bedrooms. LEGAL BASEMENT: 2 Large bedrooms + Office room. Highlights: Over 2,000 sq ft of finished living space; Detached oversized garage + long driveway with ample parking; Currently rented to respectful, responsible university students who pay on time and care for the property; POSITIVE CASH FLOW from day one; Bonus upside - BUILD BIG LATER: This large lot qualifies as-of-right for up to a 4-unit, 4-storey building under Waterloo's December 2024 "FOUR Units, FOUR Storeys" bylaw - no rezoning, no variances. A complete conceptual fourplex design (3D model + floor plans) is available for serious buyers. A standout opportunity for homeowners & investors alike. No gimmicks. NO offer date.
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LEGAL accessory apartment. This property is legally permitted to operate as two units. Buyers can live upstairs and rent downstairs, or rent out both units. This property previously held rental licenses for six rooms (3 upstairs and 3 downstairs), including a legal accessory apartment letter. Own this beautifully maintained 3+3 bedroom home situated on an impressive 52x125 ft lot. The fully finished walk-out basement with a separate entrance and above-grade windows offers excellent additional income potential with its own kitchen, bathroom and laundry room. Roof 2013, high eff furnace 2021, high eff central air 2021. Digitally staged for illustration purposes only.
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