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$875,000
Ontario,Waterloo
For Sale Active
217 MAYFIELD AVENUE, Waterloo, Ontario N2J3S6
  • 6
  • 2
  • 700 - 1100Square Feet
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Basic Details
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:62783)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13487184
  • Price: $875,000
  • Bedrooms: 6
  • Bathrooms: 2
  • View: View
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 164016
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: N/A, Apartment in basement
  • Parking: Detached Garage, Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick
  • Flooring: Laminate, Porcelain Tile, Vinyl
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Waterloo, N2J3S6
  • Street: Mayfield
  • Street Number: 217
  • Street Suffix: Avenue
  • Longitude: W81° 29' 20.9''
  • Latitude: N43° 28' 49.4''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 60.1 x 120.7 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 4451.61
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Listing updated: 2026-06-26 03:40:17
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Listing Information
  • List Agent Key: 2019588
  • List Office Key: 164016
  • Modification Timestamp: 2026-06-26T03:25:01Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-26T03:17:35Z
Powered by REALTOR.ca
Listing updated: 2026-06-26 03:40:18
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