7 Cardill Crescent
Waterloo, N2L 3Y7
FOR SALE
$799,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
4 + 3
BEDROOMS2
BATHROOMS1 + 1
KITCHENS7 + 7
ROOMSX12829140
MLSIDContact Us
Property Description
Turn-Key Legal Duplex !!, 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 $5,500/month , this is a turn-key investment with strong cash flow from day one. Builders and developers-take a 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.
Call
Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2023-04-04 | 2023-05-11 | 37 | $899,900 | $855,000 |
| 2018-01-16 | 2018-01-22 | 6 | $448,000 | $448,000 |
Nearby Intersections
Property Features
Public Transit, School, Carpet Free, In-Law Suite
Call
Property Details
Address
7 Cardill Crescent
City
Postal Code
N2L 3Y7
Property Type
Detached, Detached
Lot Size
54' x 154'
Taxes
$6,350 (2025
Basement
Apartment, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Carport
Call
Listing contracted with Homelife/Miracle Realty Ltd
A MUST SEE, BEAUTIFULLY RENOVATED, ALMOST 1500 SQ FT 4 BEDROOM RAISED BUNGALOW WITH +1 FINISHED BEDROOM ON THE WALKOUT LEVEL. TONS OF ADDITIONAL UNSPOILT SPACE TO FINISH AS A IN-LAW SUITE OR AS A RENTAL UNIT. 2 HUGE GARAGE SPACES AND EXTRA WIDE TRIPLE DRIVEWAY CAN ACCOMODATE 3 MORE CARS. THE FRONT OF THE HOME SITS RAISED MAJESTICALLY OF THE STREET LEVEL. LOTS OF UPGRADES ON THE MAIN FLOOR INCLUDING UPDATED/NEW WASHROOMS, INTERIOR & EXTERIOR POTLIFHTS, NEW LAMINATE COUNTERTOP IN THE KITCHEN, SEVERAL UPGRADED ELF'S FRESH PAINT IN THE KITCHEN & LIVING ROOM. BRILLIAN LOCATION CLOSE TO THE UNIVERSITY OF WATERLOO, WILFRED LAURIER, CONESTOGA. WHY RENT WHEN YOU CAN BE A LANDLOR AND RENT TO STUDENTS (WITH DUE CITY PERMITS) SAVE THOUSANDS $$$ ON ZONING FEES AS THIS HOME IS ZONED RMU(RESIDENTIAL MIXED USE) WHICH MEANS YOU CAN RUN VARIOUS BUSINESS ES FROM THIS LOCATION JUST BY GETTING A BUSINESS LICENCE FROM THE CITY AT A NOMINAL FEE. MANY PERMITTED USES INCL AND NOT LIMTED TO AIR BNB, DRYCLEANERS, HAIR SALON, PET SERVICES, CAFE, LAW OFFICE, DENTAL OFFICE, LAUNDRY SERVICES
Call
Call