7 Cardill CRES new

Waterloo,ON N2L 3Y7

$ 995000

7 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X12274796

Style Bungalow

Bedrooms 7

Annual Tax Amount $7,032

Tax Year 2024

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Basement Apartment,Separate Entrance

Kitchen 2

Interior

Interior Features Carpet Free

Cooling Central Air

Inclusions 2 SS Stove, 2 SS Fridge, 2 Washer & Drier, SS B/I Dish Washer, All ELF's, AC & Furnace

Exterior

Parking Features Carport

Garage Spaces 1.0

Pool None

View City

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Foundation Concrete

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