Property Information:
Turn-Key Legal Duplex !!, 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 $5,500/month , this is a turn-key investment with strong cash flow from day one. Builders and developers-take a 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. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Bungalow
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Basement Type:
N/A, N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick, Vinyl siding
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Floor Space:
1100 - 1500 sqft
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Flooring Type:
Vinyl
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Foundation Type:
Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Stove, Refrigerator