4 Cardill Crescent , Waterloo Ontario

Sale $599,900.00  | 
Listing # 30581956
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Office Listing:

Mike Milovick, Broker  |  Jennifer Shingler, Sales Representative

Mike Milovick

Team Milovick

Phone:  519.745.7000
Fax:  519.745.8460

Royal LePage Grand Valley Realty, Brokerage (Independently owned and operated)


Kitchener,  ON N2M5J9


$46,800 annualized gross income available here! Money in place with written leases until at least end of April, 2019. Cash flow positive opportunity with just 20% down. Turn key, classic student operation with City approvals in place featuring a rare Class D1 rental license! Two kitchens. Main floor features nice-sized common room, modern baseboard and thin plank hardwood in the bedrooms. Lower level bedrooms all generously proportioned with oversized egress windows. Updated vinyl windows throughout. Large, single detached, garage opportunity for landlord storage or even additional income. Easy walk to both Wilfrid Laurier and University of Waterloo and 50,000+ full time students. Note the newly minted R9 zoning! Warehouse the site while awaiting knock on door by developer. Additional insight into this well run property can be gained by visiting www.4cardill.ca. This has been a great investment for the owner who has owned the property for nearly 30 years! Now its your turn! Investor work sheet available to show how this opportunity can work for you! Why not invest in one of the perennially top five towns in Ontario today? (id:27)


Lot Frontage: 51.0 Feet
Lot Depth: 129.0 Feet
No. of Parking Spaces: 4
Floor Space (approx): 1116.00 Square Feet
Built in: 1965
Zoning: R9

Property Features:

Amenities Nearby: Public Transit , Schools
Equipment Type: Water Heater
Features: Double width or more driveway , Paved driveway , Level
OwnershipType: Freehold
Parking Type: Detached garage
Property Type: Multi-family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system
Utility Type: Water - Available

Building Features:

Appliances: Dryer , Microwave , Refrigerator , Stove , Stove , Washer , Humidifier
Architectural Style: Bungalow , Multi-Unit
Basement Development: Finished
Basement Type: Full
Building Type: Multi-Family
Construction Style - Attachment: Detached
Cooling Type: None
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air