42 Cardill CRES Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L 3Y6
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X11985180
Style 2-Storey
Bedrooms 8
Building Age 51-99
Annual Tax Amount $8,526
Tax Year 2025
Property Sub-Type Duplex
Property Description
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. Plenty of parking - note long, double wide driveway. 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!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Year Round Living
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Topography Level
Lot Frontage 23.75
Lot Depth 125.49
Total Parking Spaces 7
Building
Unit Features Place Of Worship,Public Transit,School
Foundation Poured Concrete
Others
ParcelsYN No