$799,000
FOR SALE

Detached Bungalow

Bedrooms: 7Bathrooms: 2Lot: 53.67 x 153.87 ft
2025 Taxes: $6,349.69

7 Cardill Cres
Waterloo, ON N2L 3Y7

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.
Extras
Carpet Free, In-Law Suite
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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12829140
Last Updated Mar 11, 2026
Property Summary
Property Type Detached

More like this:
Legal Description LT 44 PL 1144 CITY OF WATERLOO; S/T 278254; WATERLOO
Possession Date TBD
Taxes (2025) $6,349.69
Directions/Cross Streets Albert St. and Columbia St. W
Area Waterloo
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 7
Bathrooms 2
Lot 53.67 x 153.87 ft
Exterior Brick
Air Conditioning Central Air
Basement Apartment, Separate Entrance
Garage Type Carport
Garage/Park Spaces Y
Parking Spaces 5
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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