217 MAYFIELD AVENUE, WATERLOO

2026-06-26
 

Quick Summary

Location
217 MAYFIELD AVENUE, WATERLOO, Ontario N2J3S6
Price
$875,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
700 - 1100 sqft
Bedrooms:
3 bed +3
Bathrooms:
2
Garages:
5
Video Link:

MLS®#X13487184

Property Description

Rare Find! Highly auspicious North-facing VASTU-compliant home; Fully Renovated LEGAL DUPLEX - Turnkey & Positive Cash Flow. Minutes from 3 universities 3+2 Bedrooms 2 Full Baths, 2 Kitchens. Detached bungalow on a large lot in a quiet, family-friendly avenue in the desirable Lincoln Heights / Glenridge neighbourhood - within the boundary of top-rated schools. MAIN FLOOR: Spacious layout with a Large primary bedroom and walk-out to a private deck overlooking the backyard, plus two additional regular bedrooms. LEGAL BASEMENT: 2 Large bedrooms + Office room. Highlights: Over 2,000 sq ft of finished living space; Detached oversized garage + long driveway with ample parking; Currently rented to respectful, responsible university students who pay on time and care for the property; POSITIVE CASH FLOW from day one; Bonus upside - BUILD BIG LATER: This large lot qualifies as-of-right for up to a 4-unit, 4-storey building under Waterloo's December 2024 "FOUR Units, FOUR Storeys" bylaw - no rezoning, no variances. A complete conceptual fourplex design (3D model + floor plans) is available for serious buyers. A standout opportunity for homeowners & investors alike. No gimmicks. NO offer date. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Place of Worship, Public Transit, Schools

Building

  • Appliances: Water Heater, Water softener, Dishwasher, Dryer, Furniture, Microwave, Range, Washer, Two Refrigerators
  • Architectural Style: Bungalow
  • Basement Features: Apartment in basement
  • Basement Type: N/A
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Flooring Type: Vinyl, Laminate, Porcelain Tile
  • Interior Size: 700 - 1100 sqft
  • Building Type: House
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size, Sump Pump

Land

  • Land Size: 60.1 x 120.7 FT|under 1/2 acre
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Structure

  • Structure: Deck

Zoning

  • Description: Residential

Information entered by CENTURY 21 GREEN REALTY INC.
Listing information last updated on: 2026-06-27 17:47:10


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