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$ 995,000
Est. payment /mo
New
7 Cardill CRES Waterloo, ON N2L 3Y7
7 Beds
2 Baths
UPDATED:
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
Lited by HOMELIFE/MIRACLE REALTY LTD