Peter Guzzo

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7 CARDILL CRESCENT, Waterloo, Ontario

$995,000

7 Beds
2 Baths

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. (id:23309)

Listing ID: X12274796
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Basement	3.78 m x 4.93 m
Bedroom 2	Basement	3.99 m x 3.35 m
Bedroom 3	Basement	3.78 m x 3 m
Kitchen	Basement	2.64 m x 0.7 m
Kitchen	Main level	3.76 m x 3.66 m
Dining room	Main level	2.72 m x 2.49 m
Primary Bedroom	Main level	3.76 m x 3.4 m
Bedroom 2	Main level	3.05 m x 3.05 m
Bedroom 3	Main level	3.05 m x 3.35 m
Bedroom 4	Main level	3.35 m x 3.81 m

Details

Architectural Style: Bungalow
Features: Carpet Free
Ownership: Freehold
Parking Spaces: 6
Transaction: For sale
View: City view

Building

Appliances: Stove, Two Washers, Refrigerator
Architectural Style: Bungalow
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 3
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Flooring: Vinyl
Foundation: Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1100 - 1500 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 53 ft ,8 in
Size Irregular: 53.7 x 156.4 FT

Listing provided by HOMELIFE/MIRACLE REALTY LTD
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 7 CARDILL CRESCENT in Waterloo Ontario. It was last modified on July 9th, 2025. Contact Peter Guzzo to schedule a viewing or to discover other Waterloo properties for sale.

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