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$850,000
Available - For Sale
Listing ID: X12270642
Welcome to 42 Cardill Crescent! $59,400+ Gross Annual Income scheduled to the end of August, 2025 with a nice ability to build on to the current revenue stream! This strategically located property is within a ten minute walk to both University of Waterloo (UW) and Wilfrid Laurier University (WLU) and 55,000 students. Nestled in the prestigious Sugarbush neighbourhood, a savvy investor may want to consider the additional medium to long term value of the proposed Sugarbush South Corridor Expansion Initiative while noting the significant property value increases in the adjacent Northdale neighbourhood - when the Northdale Mixed Use zoning was passed there. The current layout of the dwelling consists of two separate, City approved, rental-licensed units. Property shows sharp - recent improvements include updated vinyl plank flooring and fresh paint. Updated life safety system inspection (2024). Six out of eight rooms furnished with bed, mattress, chair and desk. Spacious bedrooms. Turn key operation. This property checks all the boxes for a variety of buyers: first-time homeowners looking for a mortgage helper, multi-generational family looking to be housed under one roof, university or tech employees who want to live close to work, parents searching for a prime location for their university-bound children, or investors seeking a strong rental opportunity in one of Ontario's most desirable markets. Flexible closing! Don't miss out on this incredible opportunity to schedule a private showing today!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $42,500 $85,000 $127,500 $170,000
First Mortgage $807,500 $765,000 $722,500 $680,000
CMHC/GE $22,206.25 $15,300 $12,643.75 $0
Total Financing $829,706.25 $780,300 $735,143.75 $680,000
Monthly P&I $3,553.57 $3,341.96 $3,148.56 $2,912.39
Expenses $0 $0 $0 $0
Total Payment $3,553.57 $3,341.96 $3,148.56 $2,912.39
Income Required $133,258.78 $125,323.67 $118,071.14 $109,214.52

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WOLLE REALTY

42 Cardill Cres , Waterloo, N2L 3Y6, Waterloo

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 125.49(Feet)
Approximate Age: 51-99
Tax: $9,149.02
Maintenance Fee: $0
Beds: 5+3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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