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New3 days ago

360 Culpepper Place

, Waterloo

$699,000

Detached|2-Storey
3 | 2 | 3
About this home

Rarely offered detached 2-storey home with nearly 2,000 sq. ft. above grade in Waterloo's desirable Maple Hill community. Excellent opportunity for families or investors, located minutes from the University of Waterloo and Wilfrid Laurier University. Features a spacious layout with 4 bedrooms above grade, 2 full bathrooms, and a fully finished basement complete with a second kitchen, full bathroom, 2 bedrooms, and a den. Close to top-rated schools, parks, shopping, transit, and major highways. Great income potential in a prime location!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,247
Lot Size45 ft x 133 ft
mls© NumberX14083760
Listed ByCMI REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax
$521
Heat allowance
$150
Housing costs
$4,248 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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