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Christopher Marinakos

cmarinakos@royallepage.ca +1(705) 305-9946

$ 850,000

Est. payment -/mo

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42 Cardill CRES Waterloo, ON N2L 3Y6

8 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12270642

Style 2-Storey

Bedrooms 8

Building Age 51-99

Annual Tax Amount $9,149

Tax Year 2025

Property Sub-Type Duplex

Property Description

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!

Location

Province ON

County Waterloo

Area Waterloo

Zoning R1

Rooms

Family Room No

Basement Apartment, Finished

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Carpet Free, In-Law Suite, Water Meter

Cooling None

Inclusions 2 fridges, 2 stoves, 1 washer, 1 dryer, six beds, six desks, six mattresses, six chairs, six desks

Exterior

Exterior Feature Year Round Living

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 23.75

Lot Depth 125.49

Total Parking Spaces 7

Building

Foundation Concrete

Others

Senior Community Yes

Security Features Smoke Detector

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/42_cardill_crescent_waterloo_on/

Listed by ROYAL LEPAGE WOLLE REALTY

Christopher Marinakos

Agent

+1(705) 305-9946

Christopher Marinakos

42 Cardill CRES Waterloo, ON N2L 3Y6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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42 Cardill CRES

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