42 Cardill Crescent, Waterloo

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 exterior presents a welcoming sight with its charming two-story design, featuring a classic brick lower level and light-colored siding on the upper floor. At the rear, a spacious grassy backyard hosts a paved patio, a convenient detached shed, and a welcoming wooden deck accessible via a sliding glass door, alongside a covered patio area perfect for outdoor relaxation. 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. Step inside to appreciate the newly installed light wood-toned vinyl plank flooring that extends through the bright, freshly painted hallways, leading to a staircase featuring light-colored carpeting and a contemporary black metal railing. Updated life safety system inspection (2024). Six out of eight rooms furnished with bed, mattress, chair and desk. Spacious bedrooms, such as one bathed in ample natural light from a window draped with dark blue curtains and another in the lower level featuring clean, light-colored walls and the new wood-look vinyl plank flooring, offer comfortable living spaces. Turn key operation. The updated bathrooms reflect a clean, modern aesthetic; one boasts a white pedestal sink, toilet, and a sleek frosted glass shower enclosure with tiled flooring, while another similarly offers a white pedestal sink with a stylish black faucet, toilet, and the continuation of the durable vinyl plank flooring, complete with a convenient wall-mounted medicine cabinet. This property checks all the boxes for a variety of buyers: first-time homeowners looking for a mortgage helper, multi-generational family looking to be housed under one roof, 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:1945)