7 CARDILL CRESCENT, Waterloo, Ontario, N2L3Y7

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. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 7 (4 above, 3 below)
• Bathrooms: 2
• Ownership: Freehold
• Attached: No
• Parking: 6 spaces (Garage, Carport)
• Frontage: 54 ft (16.4 m)

Costs

• Annual Taxes: $6,349.69

Listing Provided by: HOMELIFE/MIRACLE REALTY LTD
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.