42 Cardill Crescent, Waterloo ON

About 42 Cardill Crescent

Welcome to 42 Cardill 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, multi-generational family looking to be housed under one roof, 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! (id:56071). Get more information on 42 Cardill Crescent

Property Features

Rental Equipment:  Water Heater
Directions:  Cardill Crescent and Hazel Street. Ten minute walk to Wilfrid Laurier University and University of Waterloo. Fifteen Minute Walk to Conestoga College.
Zoning Description:  R1
Interior Size:  2548 sqft
Lot:  under 1/2 acre
Exterior Finish:  Aluminum siding, Brick Veneer
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / None
Age:  1962
Foundation: Poured Concrete
Constructed Date:  1962
Basement:  Full (Finished) Finished

Rooms & Sizes

Primary Bedroom Second level 15 4 x 11 11	Bedroom Second level 9 10 x 11 11	Bedroom Second level 12 11 x 11 11
Bedroom Second level 12 3 x 11 11	4pc Bathroom Second level 6 4 x 6 6	Utility room Basement 4 6 x 6 4
Recreation room Basement 13 0 x 10 5	Kitchen Basement 6 9 x 11 11	Bedroom Basement 13 0 x 9 2
Bedroom Basement 13 0 x 9 4	Bedroom Basement 13 0 x 11 3	3pc Bathroom Basement 5 8 x 5 11
Mud room Main level 5 9 x 8 10	Living room Main level 16 11 x 11 5	Kitchen Main level 14 3 x 11 11
Dining room Main level 9 11 x 9 3	Bedroom Main level 12 8 x 11 5	Other Main level 4 2 x 8 8
2pc Bathroom Main level 3 10 x 5 0