217 Mayfield AVE, Waterloo, ON N2J 3S6
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217 Mayfield AVE, Waterloo, ON N2J 3S6
217 Mayfield AVE, Waterloo, ON N2J 3S6
217 Mayfield AVE, Waterloo, ON N2J 3S6
217 Mayfield AVE, Waterloo, ON N2J 3S6
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Valerie Ward

Valerie Ward

+1(905) 260-7977
$ 875,000
Est. payment /mo
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217 Mayfield AVE Waterloo, ON N2J 3S6

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

MLS Listing ID X13487184

Style Bungalow

Bedrooms 6

Annual Tax Amount $4,451

Tax Year 2025

Property Sub-Type Detached

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Apartment

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Sump Pump, Water Heater, Water Softener

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Private

Garage Spaces 1.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 60.09

Lot Depth 120.73

Total Parking Spaces 5

Building

Unit Features Place Of Worship,Public Transit,School,School Bus Route,Clear View

Foundation Poured Concrete

Others

ParcelsYN No

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Listed by CENTURY 21 GREEN REALTY INC.
Valerie Ward
Valerie Ward

Sales Representative

+1(905) 260-7977 | valerie@valerieward.ca

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217 Mayfield AVE