33
See all 33 photos
$750,000
Est. payment /mo
8 Beds
2 Baths
New
4 Cardill CRES Waterloo, ON N2L 3Y6
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X12446501
Style Bungalow-Raised
Bedrooms 8
Annual Tax Amount $8,384
Tax Year 2025
Property Sub-Type Detached
Property Description
Welcome to 4 Cardill Crescent A Rare, Turnkey Investment in Waterloos Sugarbush Neighbourhood! This cash flow positive property generates over $57,000 in annualized gross income through August 2026, with potential to grow. With 35% down, this investment can work for you from day one. A City-approved Class D1 rental license makes this a fully compliant, turnkey student rental operationan uncommon find in Waterloo.The main floor features a spacious common area, modern baseboards, and thin plank hardwood flooring in the bedrooms. The lower level offers generously sized bedrooms with oversized egress windows for safety and comfort. Updated vinyl windows throughout improve efficiency and curb appeal.A large detached garage provides excellent potential for landlord storage or conversion into an additional income stream. Located within a 10-minute walk to both Wilfrid Laurier University and the University of Waterloo, the property is ideally positioned to serve over 55,000 students.Situated in the prestigious Sugarbush neighbourhood, the property benefits from the proposed Sugarbush South Corridor Expansion Initiative and is adjacent to Northdale, where values surged after Mixed-Use zoning was passed. Now zoned R9, the site offers long-term redevelopment potentialwarehouse the site while awaiting a knock on the door from a developer.This home suits a wide range of buyers. First-time homeowners can offset their mortgage with rental income. Multi-generational families will appreciate the space. University and tech professionals will enjoy the proximity to work. Parents of students will value the location. Investors will see strong rental potential in one of Ontarios top-ranked markets.An investor worksheet is available. With flexible closing, this is your chance to secure a high-performing property in a growing area. Schedule your private showing today!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished
Kitchen 2
Separate Den/Office 4
Interior
Interior Features Primary Bedroom - Main Floor
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Year Round Living
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 51.08
Lot Depth 129.82
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Poured Concrete
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/4_cardill_crescent_waterloo_on/
Listed by ROYAL LEPAGE WOLLE REALTY
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