217 MAYFIELD AVENUE Waterloo

217 MAYFIELD AVENUE, Waterloo, Ontario

$875,000

  • 6 Beds
  • 2 Baths
  • 900 Square Feet

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:23309)

  • Listing ID: X13487184
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
BasementBedroom 23.2 m x 3.35 m
BasementOffice4.1 m x 3.35 m
BasementBathroom1.75 m x 1.4 m
BasementLiving Room4.3 m x 4 m
BasementKitchen4.3 m x 4 m
BasementPrimary Bedroom3.4 m x 3.35 m
Main LevelLiving Room6.05 m x 3.5 m
Main LevelDining Room6.05 m x 3.5 m
Main LevelKitchen5.1 m x 3.1 m
Main LevelPrimary Bedroom3.3 m x 3.97 m
Main LevelBedroom 23.07 m x 2.9 m
Main LevelBedroom 34 m x 2.9 m
Main LevelBathroom2.95 m x 1.5 m

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Place of Worship, Public Transit, Schools
  • Community Features: School Bus
  • Features: Irregular lot size, Sump Pump
  • Ownership: Freehold
  • Parking Spaces: 5
  • Structure: Deck
  • Transaction: For sale
  • View: View
  • Zoning Description: Residential

Building

  • Appliances: Water Heater, Water softener, Dishwasher, Dryer, Furniture, Microwave, Range, Washer, Two Refrigerators
  • Architectural Style: Bungalow
  • BasementType: N/A
  • Basement Features: Apartment in basement
  • Bedrooms Main Level: 3
  • Bedrooms Lower Level: 3
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Flooring: Vinyl, Laminate, Porcelain Tile
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 700 - 1100 sqft
  • Stories Total: 1
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Place of Worship, Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 60 ft ,1 in
  • Size Irregular: 60.1 x 120.7 FT

This property for sale is located at 217 MAYFIELD AVENUE in Waterloo. It was last modified on June 27th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Waterloo properties for sale.

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