42 Cardill Cres
Waterloo, N2L 3Y6
FOR SALE
$850,000

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5 + 3
BEDROOMS3
BATHROOMS1 + 1
KITCHENS13 + 7
ROOMSX11985180
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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!
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Nearby Intersections
King & University (74)
Columbia & Albert (28)
Property Features
Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
24' x 125'
Acreage
< .50
Fronting
East
Taxes
$8,526 (2025)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Listing contracted with Royal Lepage Wolle Realty

































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