For Sale

$850,000

42 Cardill Crescent, Waterloo, ON N2L 3Y6

8 Beds

Remarks

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. 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!

Inclusions:

Carbon Monoxide Detector,2 Fridges, 2 Stoves, 1 Washer, 1 Dryer, Six Beds, Six Desks, Six Mattresses, Six Chairs, Six Desks

Exclusions:

Tenants Possessions

Property Summary

  • Lot Frontage: 23.75 Feet
  • Lot Depth: 125.49 Feet
  • No. of Parking Spaces: 7
  • Floor Space (approx): 1900 Square Feet
  • Built in: 1962
  • Bedrooms: 8
  • Zoning: R1

Property Features:

  • Basement:
    Full , Finished
  • Construction Materials:
    Aluminum Siding , Brick Veneer
  • Cooling:
    None
  • Heating:
    Forced Air , Natural Gas
  • Interior Features:
    Accessory Apartment
  • Acres Range:
    < 0.5
  • Driveway Parking:
    Private Drive Double Wide
  • Laundry Features:
    In-Suite
  • Lot Features:
    Irregular Lot , Place of Worship , Public Transit , Schools
  • Parking Features:
    Attached Garage
  • Road Frontage Type:
    Year Round Road
  • Roof:
    Asphalt Shing
  • Security Features:
    Carbon Monoxide Detector
  • Sewer:
    Sewer (Municipal)
  • Water Source:
    Municipal
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