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58-62 Cardill Cres
Waterloo, ON N2L 3Y8
58 Cardill Apartment · Multifamily Property For Sale
·
36 Units
PROPERTY FACTS
| No. Units | 36 | Lot Size | 0.74 AC |
| Property Type | Multifamily | Building Size | 70,220 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2014 |
| Building Class | B | ||
| Zoning | Residential - Residential | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.74 AC |
| Building Size | 70,220 SF |
| No. Stories | 5 |
| Year Built | 2014 |
| Zoning | Residential - Residential |
ABOUT 58-62 CARDILL CRES , WATERLOO, ON N2L 3Y8
58 Cardill Crescent is a well-constructed, 6-storey purpose-built student housing property consisting of 36 student suites with 175 bedrooms. It was built in 2014 and is located within one of the most robust student housing markets in Canada. The property boasts large bedrooms each with its own private bath, bar fridge, and microwave. It has generously sized common areas within each unit. The building offers a modern design and high-quality finishes which stand out from competitive properties in the immediate neighbourhood. Each suite has its own laundry hookups however there is laundry facilities on the main floor that is under contract with Coinmatic. The boiler systems consists of two Viessmann Vitoden units that provide for approximately 530,000 BTUH each. They supply hot water to each suite which is circulated through individual First Company air handling units with split air 1.5 to 3,0 tons and manufactured by First Co. Existing financing must be assumed. Contact LBO for mortgage details.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 696 |
| 2+1 | 10 | - | 967 |
| 3+1 | 10 | - | 1,235 |
| 4+3 | 10 | - | 1,249 |
