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.
For sale
C$995,000
7 Cardill Cres, Waterloo, ON N2L 3Y7
7beds
2baths
Single Family Residence
Built in ----
8,393.29 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Top-to-bottom renovationsMove-in readyOversized lot
- 27 days
- on Zillow |
- 4 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 05:24pm
Listed by:
HOMELIFE/MIRACLE REALTY LTD
Source: TRREB,MLS®#: X12274796
Originating MLS®#: Toronto Regional Real Estate Board

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Primary bedroom
- Level: Main
- Dimensions: 3.76 x 3.4
Bedroom
- Level: Basement
- Dimensions: 3.78 x 4.93
Bedroom 2
- Level: Main
- Dimensions: 3.05 x 3.05
Bedroom 2
- Level: Basement
- Dimensions: 3.99 x 3.35
Bedroom 3
- Level: Basement
- Dimensions: 3.78 x 3
Bedroom 3
- Level: Main
- Dimensions: 3.05 x 3.35
Bedroom 4
- Level: Main
- Dimensions: 3.35 x 3.81
Dining room
- Level: Main
- Dimensions: 2.72 x 2.49
Kitchen
- Level: Basement
- Dimensions: 2.64 x 0.7
Kitchen
- Level: Main
- Dimensions: 3.76 x 3.66
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Flooring: Carpet Free
- Basement: Apartment,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 1100-1500 null
Property
Parking
- Total spaces: 6
- Parking features: Garage, Carport
- Has garage: Yes
- Has carport: Yes
Features
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 8,393.29 Square Feet
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$7,032
- Date on market: 7/10/2025
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