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7 CARDILL CRESCENT, Waterloo — listed at $910,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional Waterloo Investment Opportunity! This Extensively Renovated 7-Bedroom, 2-Bathroom Legal Duplex Is Positioned On An Expansive 53.67 Ft X 153.87 Ft Lot In A Highly Sought-After Rental Location, Just Minutes From The University Of Waterloo, Wilfrid Laurier University, And Conestoga College. The Property Has Undergone Substantial Improvements, Including Two Updated Kitchens, Refreshed Bathrooms, Modern Flooring, Upgraded Lighting, And Numerous Additional Enhancements Throughout. Offering Excellent Versatility For Investors, Multi-Generational Households, Or Owner-Occupiers, This Property Presents Strong Income-Generating Potential With The Benefit Of A Legally Configured Duplex. The Generous Lot Size Also Provides Attractive Future Redevelopment Possibilities For Builders And Developers. The Neighbouring Property At 5 Cardill Crescent Has Been Transformed Into A Multiplex, Showcasing The Area's Potential For Intensification. An Outstanding Opportunity To Acquire A Well-Positioned Property Offering Immediate Rental Appeal, Versatile Living Arrangements, And Significant Long-Term Investment Potential. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,349.69, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 7 CARDILL CRESCENT a good fit for a growing family?+
With 7 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Waterloo before counting on it.
What's the parking situation?+
This property includes 6 spaces — Carport, No Garage.
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