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, 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!
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Year built:
1962
(Age: 63)
Listing General Location:
417 - Beechwood/University, 4 - Waterloo West
Bedrooms:
8
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
23.75 x 125.49
Lot Depth:
125'5⅞"38.2 m
Lot Frontage:
23'9"7.24 m
Frontage Type:
East
Lot Shape:
See REALTOR Notes
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Aluminum Siding, Brick Veneer
Basement:
Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,900 sq. ft.177 m2
Finished Area Above Grade:
1,900 sq. ft.177 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Water Meter:
Yes
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
Carbon Monoxide Detector,2 Fridges, 2 Stoves, 1 Washer, 1 Dryer, Six Beds, Six Desks, Six Mattresses, Six Chairs, Six Desks
Dryer, Refrigerator, Stove, Washer
Tenants Possessions
Accessory Apartment
Deck
false
No
Cardill Crescent and Hazel Street. Ten minute walk to Wilfrid Laurier University and University of Waterloo. Fifteen Minute Walk to Conestoga College.
Easement
No
Carbon Monoxide Detector
HST Applicable To Sale Price:
No
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
Electric Expense:
$3,225.11
Insurance Expense:
$2,644
Expenses:
Actual
Heating Expense:
$1,044.69
Net Income:
$41,261
Other Income:
$2,419
Lease to Own Equipment:
None
Leases:
Yes
Under Contract Costs Monthly:
$264.69
Zoning:
R1
Exposure / Faces:
East, West
Lot Site Features:
Irregular Lot, Place of Worship, Public Transit, Schools
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
Garage Spaces:
1.0
Parking Places Covered:
1.0
Parking:
Attached Garage
# Of Total Parking Spaces:
7.0
# Of Open Parking Spaces:
6.0
Driveway Parking:
Private Drive Double Wide
Road Frontage Type:
Year Round Road
Licensed Dwelling:
Yes
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Listed Date:
Feb 24, 2025
View of front of house with a front lawn, driveway, brick siding, entry steps, and an attached garage
Colonial home with an attached garage, a front lawn, driveway, and brick siding
View of front of property featuring a wooden deck, a front lawn, and brick siding
Stairs featuring baseboards and wood finished floors
Bedroom with light wood-type flooring and baseboards
Living room featuring light wood finished floors, visible vents, and baseboards
Living room featuring light wood finished floors, visible vents, and baseboards
Living area featuring light wood finished floors, baseboards, and visible vents
Living room with light wood finished floors, baseboards, and a baseboard heating unit
Half bath featuring toilet, baseboards, and wood finished floors
Kitchen with white appliances, white cabinets, under cabinet range hood, and light wood finished floors
Kitchen with light countertops, white cabinets, a sink, white appliances, and under cabinet range hood
Kitchen with white appliances, white cabinets, light countertops, under cabinet range hood, and a sink
Kitchen featuring white cabinets, dark countertops, wood finished floors, black microwave, and a sink
Kitchen with light countertops, light wood finished floors, white cabinetry, and baseboards
Bar featuring a baseboard radiator, wood finished floors, visible vents, and baseboards
Bedroom featuring wood finished floors
Corridor with light wood-style floors, attic access, and baseboards
Full bathroom featuring baseboards, toilet, a shower with curtain, tile patterned floors, and vanity
Bedroom with light wood-type flooring and baseboards
Photo 21 of 29
Living room with baseboards and wood finished floors
Bedroom featuring a closet, light wood-style flooring, and baseboards
Bedroom with wood finished floors
Clothes washing area with laundry area, baseboards, washing machine and clothes dryer, and light tile patterned floors
Kitchen with dark brown cabinetry, white appliances, white cabinets, light countertops, and range hood
Kitchen with light tile patterned floors, light countertops, stainless steel microwave, electric range, and white cabinetry
Kitchen featuring white appliances, under cabinet range hood, light countertops, and a sink
Bathroom featuring visible vents, toilet, a sink, tile patterned flooring, and baseboards
Data was last updated June 12, 2025 at 01:50 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,299,000
Min list price:
$479,900
Max list price:
$9,500,000
Avg days on market:
50
Min days on market:
14
Max days on market:
108
Avg price per sq.ft.:
$433
These statistics are generated based on the current listing's property type
and located in
4 - Waterloo West. Average values are
derived using median calculations.