4 CARDILL Crescent, Waterloo, Ontario
$750,000
- 8 Beds
- 2 Baths
- 2,146 Square Feet
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:23309)
- Listing ID: 40757429
- Property Type: Single Family
- Year Built: 1965
Schedule a Tour
Schedule Private Tour
Cheryl DesRoches would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Cheryl DesRoches, who specializes in Waterloo real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Cheryl DesRoches find a property to match your lifestyle.
Listing provided by Royal LePage Wolle Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
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 4 CARDILL Crescent in Waterloo Ontario. It was last modified on October 6th, 2025. Contact Cheryl DesRoches to schedule a viewing or to discover other Waterloo properties for sale.