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Home ON Kitchener - Cambridge - Waterloo Waterloo Columbia
42 CARDILL CRESCENT
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42 CARDILL CRESCENT $850,000
$850,000
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42 CARDILL CRESCENT
Waterloo, Ontario N2L3Y6

MLS® Number: X11985180
5 + 3
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

Welcome to 42 Cardil Crescent! $59,400+ Gross Annual Income scheduled to the end of August, 2025 with a nice ability to build on to the current revenue stream!This strategically located property is within a ten minute walk to both University of Waterloo (UW) and Wilfrid Laurier University (WLU) and 55,000 students. Nestled in the prestigious Sugarbush neighbourhood, a savvy investor may want to consider the additional medium to long term value of the proposed Sugarbush South Corridor Expansion Initiative while noting the significant property value increases in the adjacent Northdale neighbourhood - when the Northdale Mixed Use zoning was passed there.The current layout of the dwelling consists of two separate, City approved, rental-licensed units. Property shows sharp - recent improvements include updated vinyl plank flooring and fresh paint. Updated life safety system inspection (2024). Six out of eight rooms furnished with bed, mattress, chair and desk. Spacious bedrooms. Plenty of parking - note long, double wide driveway. Turn key operation.This property checks all the boxes for a variety of buyers: first-time homeowners looking for a mortgage helper, university or tech employees who want to live close to work, parents searching for a prime location for their university-bound children, or investors seeking a strong rental opportunity in one of Ontario's most desirable markets. Flexible closing! Don't miss out on this incredible opportunity to schedule a private showing today! (39930300)

Location Description

Near Cardill Crescent and Hazel Street, ten minute walk to both universities

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1500 - 2000 sqft
Land Size
23.8 x 125.5 FT|under 1/2 acre
Annual Property Taxes
$8,526
Parking Type
Attached Garage
Time on REALTOR.ca
24 days

Building

Bedrooms
Above Grade
5
Below Grade
3
Bathrooms
Total
3
Partial
1
Interior Features
Appliances Included
Water Heater, Dryer, Stove, Refrigerator
Basement Type
N/A (Finished)
Building Features
Features
Level
Foundation Type
Poured Concrete
Rental Equipment
None
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Aluminum siding
Neighbourhood Features
Amenities Nearby
Place of Worship, Public Transit, Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
7

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
23 ft ,9 in
Land Depth
125 ft ,6 in
Other Property Information
Zoning Description
R1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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