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$750,000
Available - For Sale
Listing ID: X12446501
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!
Price $750,000
Taxes: $8,384.33
Assessment Year: 2025
Occupancy by: Tenant
Address: 4 Cardill Cres , Waterloo, N2L 3Y6, Waterloo
Acreage: < .50
Directions/Cross Streets: Albert Street and Cardill Crescent
Rooms: 7
Rooms +: 7
Bedrooms: 4
Bedrooms +: 4
Washrooms: 2
Family Room: F
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bathroom 6.07 7.51
Room 2: Main Bedroom 9.97 9.84
Room 3: Main Bedroom 9.97 11.05
Room 4: Main Bedroom 9.22 8.53
Room 5: Main Kitchen 12.46 11.87
Room 6: Main Living Ro 16.60 16.04
Room 7: Main Primary B 12.46 11.09
Room 8: Basement Bathroom 9.15 6.95 3 Pc Bath
Room 9: Basement Bedroom 9.28 11.05
Room 10: Basement Bedroom 12.43 11.68
Room 11: Basement Bedroom 12.43 7.97
Room 12: Basement Kitchen 13.32 13.45
Room 13: Basement Utility R 6.92 7.45
Room 14: Basement Recreatio 12.60 6.69
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Basement
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: Bungalow-Raised
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WOLLE REALTY

4 Cardill Cres , Waterloo, N2L 3Y6, Waterloo


 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Bungalow-Raised
Lot Size: x 129.82(Feet)
Approximate Age: 51-99
Tax: $8,384.33
Maintenance Fee: $0
Beds: 4+4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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