2 days on Market

4 Cardill Cres, Waterloo, Ontario N2L 3Y6

Detached
4 + 4
2
~1100-1500 sqft
$750,000
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Detached
4 + 4
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$591/sqft

Monthly cost

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Description

Welcome to 4 Cardill Crescent A Rare, Turnkey Investment in Waterloos 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 operationan 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 and the University of Waterloo, the property is ideally positioned to serve over 55,000 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 potentialwarehouse 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 Ontarios 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!


Property Details

StyleBungalow-Raised
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size6,631 SqFt(129.82 x 51.08)
Parking Spaces5
MLS ®NumberX12446501
Community NameColumbia
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Basement: Finished

Main Floor

Bathroom

1.85 x 2.29

Br

3.04 x 3.0

Br

3.04 x 3.37

Br

2.81 x 2.6


Features

Lot size: 6,631 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

12 days

2022

7 days

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

2023

1 listing

2022

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2023

$1,050,000

2022

$726,000


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget