
7 Cardill Crescent
, Waterloo
$910,000
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.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,350 |
| Lot Size | 52.08 ft x 153.87 ft |
| mls© Number | X13733762 |
| Listed By | HOMELIFE/FUTURE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,658
- Property tax
- $529
- Heat allowance
- $150
- Housing costs
- $5,337 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$164,000
gross annual household income
- Payment at 4%
- $3,829 / mo
- Cash down
- $182,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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