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Turn-Key Legal Duplex - Steps from Universities! High Rental Income Potential! Priced To Sell Immediately!!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 $6,000/month strong cash flow from day one. this is a turn-key investment with Builders and developers-take 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.
2 SS Stove, 2 SS Fridge, 2 Washer & Drier, SS B/I Dish Washer, All ELF's, AC & Furnace
City: Waterloo
Purchase Price | $995000 |
Down Payment | $199000 |
Mortgage Insurance | $0 |
Total Mortgage | $796000 |
Mortgage Payment | $4905 |
Property Taxes | $586 |
Maintenance Fees | $0 |
Monthly Payment | $5491 |
Sold Comparables homes near 7 Cardill Cres, Waterloo
Located at 7 Cardill Cres , this Waterloo house is available for sale. This property was listed for $995,000 on Wed Jul 09 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Dining, Primary, 2nd Br, 3rd Br, 4th Br, Br, 2nd Br, 3rd Br, Kitchen. This property comes with 6 parking spots.
MLS#: X12274796 · $995,000 · 4 bedroom house in Waterloo