Detached Property

217 Mayfield Avenue , Waterloo

Details

Property ID
X13487184
Status
For Sale (On market for 31 days)
Property Type
Detached
Style
Bungalow
Area
700-1100 SqFt
Lot Size
60.09 X 120.73 Ft.
Parking Spaces
4
Garage Spaces
1
Taxes
$4,452 (2025)
Basement
Apartment
Air Conditioning
Central Air
Heating Type
Forced Air

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. ...

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Amenities

Location of the Property

217 Mayfield Avenue, Waterloo, ON N2J 3S6

Salesperson
Office: (905) 565-9565

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More About 217 Mayfield Avenue

217 Mayfield Avenue is a Residential Freehold Property located in the city of Waterloo. 217 Mayfield Avenue has been listed For Sale at $875,000 since Jun 25 2026. This Detached Detached has 3+ 3 bedrooms, 2 bathrooms and is 700-1100 sqft.

Listing Brokerage: CENTURY 21 GREEN REALTY INC.

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