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. 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! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
8
Bathrooms
3
Lot
24 x 125 ft
Amenities Nearby
Place of Worship, Public Transit, Schools
Equipment
Water Heater
Listing Contract Date
2025-02-24
Location Description
Cardill Crescent and Hazel Street. Ten minute walk to Wilfrid Laurier University and University of Waterloo. Fifteen Minute Walk to Conestoga College.
Ownership Type
Freehold
# of Parking Spaces
7
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
R1
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1962
Cooling Type
None
Exterior Finish
Aluminum siding, Brick Veneer
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
under 1/2 acre
Amenities
Place of Worship, Public Transit, Schools
Sewer
Municipal sewage system
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