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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HOMELIFE/MIRACLE REALTY LTD |
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Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Waterloo |
Municipality: | Waterloo |
Neighbourhood: | Dufferin Grove |
Style: | Bungalow |
Tax: | $7,032.38 |
Beds: | 4+3 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |