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Chuck Bennett

Bennett Family Real Estate

info@nelsonproperty.com +1(778) 671-0969

$ 750,000

Est. payment -/mo

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4 CARDILL Crescent Waterloo, ON N2L3Y6

8 Beds

2 Baths

2,146 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,146 sqft

Price per Sqft $349

Subdivision 421 - Lakeshore/Parkdale

MLS® Listing ID 40757429

Style Bungalow

Bedrooms 8

Year Built 1965

Property Sub-Type Freehold

Source Cornerstone Association of REALTORS®

Property Description

Welcome to 4 Cardill Crescent – A Rare, Turnkey Investment in Waterloo's Sugarbush Neighbourhood! This cash flow positive property generates over $57,000 in annualized gross income through August 2026, with potential to grow. With 35% down, this investment can work for you from day one. A City-approved Class D1 rental license makes this a fully compliant, turnkey student rental operation—an uncommon find in Waterloo. The main floor features a spacious common area, modern baseboards, and thin plank hardwood flooring in the bedrooms. The lower level offers generously sized bedrooms with oversized egress windows for safety and comfort. Updated vinyl windows throughout improve efficiency and curb appeal. A large detached garage provides excellent potential for landlord storage or conversion into an additional income stream. Located within a 10-minute walk to both Wilfrid Laurier University, the University of Waterloo, and Conestoga College the property is ideally positioned to serve over 57,000 students. Situated in the prestigious Sugarbush neighbourhood, the property benefits from the proposed Sugarbush South Corridor Expansion Initiative and is adjacent to Northdale, where values surged after Mixed-Use zoning was passed. Now zoned R9, the site offers long-term redevelopment potential—warehouse the site while awaiting a knock on the door from a developer. This home suits a wide range of buyers. First-time homeowners can offset their mortgage with rental income. Multi-generational families will appreciate the space. University and tech professionals will enjoy the proximity to work. Parents of students will value the location. Investors will see strong rental potential in one of Ontario's top-ranked markets. An investor worksheet is available. With flexible closing, this is your chance to secure a high-performing property in a growing area. Schedule your private showing today! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement Measurements not available 3pc Bathroom

Extra Room 2 Basement 5'2'' x 7'3'' Kitchen

Extra Room 3 Basement 13'0'' x 6'7'' Recreation room

Extra Room 4 Basement 8'1'' x 11'11'' Bedroom

Extra Room 5 Basement 12'6'' x 9'9'' Bedroom

Extra Room 6 Basement 9'4'' x 11'0'' Bedroom

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Royal LePage Wolle Realty

Chuck Bennett

Managing Broker

+1(778) 671-0969

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Homes For Sale in Nelson, BC

Chuck Bennett

4 CARDILL Crescent Waterloo, ON N2L3Y6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4 CARDILL Crescent