WEBER & COMPANY
4 Cardill Crescent
Waterloo
N2L 3Y6
$750,000
Residential Income
beds: 8
baths: 2.0
2,146 sq. ft.
built: 1965
- Status:
- Pending
- Prop. Type:
- Residential Income
- MLS® Num:
- 40757428
- Bedrooms:
- 8
- Bathrooms:
- 2
- Year Built:
- 1965
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 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 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!
- Property Type:
- Residential Income
- Property SubType:
- Rooming House
- Year built:
- 1965 (Age: 60)
- Listing General Location:
- 421 - Lakeshore/Parkdale, 4 - Waterloo West
- Bedrooms:
- 8
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Details:
- 51 x 129.82
- Lot Depth:
- 129'10"
- Lot Frontage:
- 51'
- Frontage Type:
- West
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Separate Entrance, Walk-Up Access, Full, Finished
- Foundation:
- Poured Concrete
- UFFI:
- No
- Roof:
- Asphalt Shing
- Number of Storeys:
- 1
- Number of Buildings:
- 0
- Total Floor Area:
- 2,146 sq. ft.
- Finished Area Above Grade:
- 1,077 sq. ft.
- Finished Area Below Grade:
- 1,069 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Shared
- Water Supply:
- Municipal
- Water Meter:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
- Smoke Detector,Three Fridges, Two Stoves, One Washer (Stackable), One Dryer (Stackable)
- Dryer, Refrigerator, Stove, Washer
- Tenants' Possessions
- Other
- false
- No
- Near corner Albert Street and Cardill Crescent. Easy Walk to Both University of Waterloo and Wilfrid Laurier University
- No
- Smoke Detector
- HST Applicable To Sale Price:
- Included
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Road Access Fee:
- Signup
- Insurance Expense:
- $1,838
- Expenses:
- Estimated
- Utilities Expense:
- 8885
- Net Income:
- $36,937
- Leases:
- Yes
- Zoning:
- R9
- Lot Site Features:
- Rectangular, Public Transit, Schools
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 1.0
- Parking Places Covered:
- 1.0
- Parking:
- Detached Garage, Asphalt
- # Of Total Parking Spaces:
- 4.0
- # Of Open Parking Spaces:
- 3.0
- Driveway Parking:
- Private Drive Double Wide
- Licensed Dwelling:
- Yes
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Oct 06, 2025
-
Photo 1 of 33 -
Photo 2 of 33
-
Photo 3 of 33
-
Photo 4 of 33
-
Photo 5 of 33
-
Photo 6 of 33
-
Photo 7 of 33
-
Photo 8 of 33
-
Photo 9 of 33
-
Photo 10 of 33
-
Photo 11 of 33
-
Photo 12 of 33
-
Photo 13 of 33
-
Photo 14 of 33
-
Photo 15 of 33
-
Photo 16 of 33
-
Photo 17 of 33
-
Photo 18 of 33
-
Photo 19 of 33
-
Photo 20 of 33
-
Photo 21 of 33
-
Photo 22 of 33
-
Photo 23 of 33
-
Photo 24 of 33
-
Photo 25 of 33
-
Photo 26 of 33
-
Photo 27 of 33
-
Photo 28 of 33
-
Photo 29 of 33
-
Photo 30 of 33
-
Photo 31 of 33
-
Photo 32 of 33
-
Photo 33 of 33
Virtual Tour
Virtual Tour 2
Listed by Royal LePage Wolle Realty
Data was last updated October 20, 2025 at 05:50 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,250,000
- Min list price:
- $750,000
- Max list price:
- $5,595,000
- Avg days on market:
- 34
- Min days on market:
- 2
- Max days on market:
- 143
- Avg price per sq.ft.:
- $421
These statistics are generated based on the current listing's property type
and located in
4 - Waterloo West. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- SCOTT WEBER
- ROYAL LEPAGE WOLLE REALTY
- 1 (226) 8685565
- Contact by Email
S
W
Scott Weber
Royal LePage Wolle Realty
Location
71 Weber St E
Kitchener, ON, N2H 1C6