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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$995,000
Available - For Sale
Listing ID: X12274796
7 Cardill Cres , Waterloo, N2L 3Y7, Waterloo


Turn-Key Legal Duplex - Steps from Universities! High Rental Income Potential! Priced To Sell Immediately!!Investor's dream in the heart of Waterloo! This fully renovated 7-bedroom, 2-bathroom legal duplex sits on a massive 53.67 ft x 153.87 ft lot, just steps from University of Waterloo, Wilfrid Laurier University, and Conestoga College. Thousands have been recently spent on top-to-bottom renovations including two kitchens, upgraded bathrooms, flooring, lighting, and more. Each unit is thoughtfully designed, making it move-in ready and ideal for rentals or multi-generational living. With the rental potential of more than $6,000/month strong cash flow from day one. this is a turn-key investment with Builders and developers-take note! The oversized lot holds massive potential for future development. The neighboring property at 5 Cardill Crescent has already been successfully converted into a multiplex, demonstrating what's possible here. Whether you're looking to invest, house-hack, or redevelop, this property offers the perfect blend of location, income, and long-term potential. An outstanding opportunity to build multi-generational wealth in one of Waterloo's most desirable rental corridors.
Price $995,000
Taxes: $7032.38
Occupancy: Tenant
Address: 7 Cardill Cres , Waterloo, N2L 3Y7, Waterloo
Directions/Cross Streets: Albert St. and Columbia St. W
Rooms: 7
Rooms +: 7
Bedrooms: 4
Bedrooms +: 3
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 12.33 12 Stainless Steel Appl, Vinyl Floor, Window
Room 2 Main Dining Ro 8.92 8.17 Combined w/Kitchen, Vinyl Floor, Window
Room 3 Main Primary B 12.33 11.15 Vinyl Floor, Window, Closet
Room 4 Main Bedroom 2 10 10 Vinyl Floor, Window, Closet
Room 5 Main Bedroom 3 10 10.99 Vinyl Floor, Window, Closet
Room 6 Main Bedroom 4 10.99 12.5 Vinyl Floor, Window
Room 7 Basement Bedroom 12.4 16.17 Vinyl Floor, Window, Closet
Room 8 Basement Bedroom 2 13.09 10.99 Vinyl Floor, Window, Closet
Room 9 Basement Bedroom 3 12.4 9.84 Vinyl Floor, Window
Room 10 Basement Kitchen 8.66 2.3 Vinyl Floor, Stainless Steel Appl, Window
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Brick, Vinyl Siding
Garage Type: Carport
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Bungalow
Lot Size: x 156.39(Feet)
Approximate Age:
Tax: $7,032.38
Maintenance Fee: $0
Beds: 4+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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