372A Churchill Crt
Waterloo, N2L 6B4
FOR SALE
$795,000
Expired
$0
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BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX5657023
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-13 | 2022-08-14 | 62 | $795,000 | - | Expired |
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Property Description
Attention Investors, First Time Buyers And Those Of You Looking For A Quiet Safe Neighbourhood To Raise Your Family, This Is The Property You Have Been Waiting For. For The Past 23 Yrs The Current Owner Has Enjoyed The Flexibility That This Raised Bungalow Has To Offer. The First Time Buyer Will Be Impressed With The Freshly Remodelled 3 Bedroom Main Floor Area Featuring A Large Bright Living Room, Dining Area, Kitchen With Ample Cabinetry, New Flooring And Paint Throughout. To Help With The Monthly Bills, There Is A Fully Self Contained 1+ Bedroom Rental Unit In The Lower Level With Full Walkout And Separate Entrance. Located On A Quiet Child Safe Court, Close To All Major Amenities: Minutes To Universities And Schools, Shopping, Restaurants, Boardwalk, Costco, Oversized Treed Yard Ample 6+ Car Parking, The Updated Roof, Furnace And Freshly Remodeled Upper Unit And The Ability To Set The Rents At Current Market Value Are An Added Bonus
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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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