Unknown for 7 Cardill Cres, Waterloo Ontario N2L 3Y7
2 days on Market

7 Cardill Cres, Waterloo, Ontario N2L 3Y7

Detached
4 + 3
2
~1100-1500 sqft
$995,000
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$4,975Cashback
Detached
4 + 3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$784/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$820K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleBungalow
ViewCity
Age of property-
SqFt~1100-1500 SqFt
Lot Size8,393 SqFt(156.387 x 53.67)
Parking Spaces6
MLS ®NumberX12274796
Community NameColumbia
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Kitchen

3.76 x 3.66

Stainless Steel Appl / Vinyl Floor / Window

Dining

2.72 x 2.49

Combined W/Kitchen / Vinyl Floor / Window

Primary

3.76 x 3.4

Vinyl Floor / Window / Closet

2nd Br

3.05 x 3.05

Vinyl Floor / Window / Closet


Features

Lot size: 8,393 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 5

Total parking spaces 6


Property History

Jul 10, 2025
ListedActive
$995,000
2 days on market
history photo preview38
Listing by trreb®

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

62 days

2023

15 days

2022

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

3 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

3 units

2023

2 units

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$820,000

2023

$796,850


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