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$875,000

217 Mayfield Avenue, Waterloo, ON N2J 3S6

Waterloo

Bedrooms
6
Bathrooms
2
Parking
5
Type
Detached
AI summary
Reading the listing details…

About this listing

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.

Property details

Days on market
5 days
Property taxes
$4,452/yr (2025)
Lot size
60.09 × 120.73 Feet
Style
Bungalow
Heating
Forced Air (Gas)
Cooling
Central Air
Basement
Apartment
Garage
Detached
Construction
Brick
Facing
North

Payment calculator

$175,000 (20%)
%
Estimated payment
$3,874 /mo
Mortgage amount
$700,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

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Walkability, transit, and bike-friendliness for 217 Mayfield Avenue, Waterloo, ON N2J 3S6

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MLS# X13487184

Listed by CENTURY 21 GREEN REALTY INC.

On market since Jun 25, 2026

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About 217 Mayfield Avenue, Waterloo, ON N2J 3S6

How much is 217 Mayfield Avenue, Waterloo, ON N2J 3S6?

217 Mayfield Avenue, Waterloo, ON N2J 3S6 is listed for $875,000 CAD.

How many bedrooms and bathrooms does 217 Mayfield Avenue, Waterloo, ON N2J 3S6 have?

217 Mayfield Avenue, Waterloo, ON N2J 3S6 has 6 bedrooms and 2 bathrooms.

What type of property is 217 Mayfield Avenue, Waterloo, ON N2J 3S6?

217 Mayfield Avenue, Waterloo, ON N2J 3S6 is a Detached.

What neighbourhood is 217 Mayfield Avenue, Waterloo, ON N2J 3S6 in?

217 Mayfield Avenue, Waterloo, ON N2J 3S6 is in Waterloo, Ontario.

Is 217 Mayfield Avenue, Waterloo, ON N2J 3S6 for sale or for rent?

217 Mayfield Avenue, Waterloo, ON N2J 3S6 is currently for sale.

How do I book a showing for 217 Mayfield Avenue, Waterloo, ON N2J 3S6?

Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 217 Mayfield Avenue, Waterloo, ON N2J 3S6 (MLS# X13487184). You can also send a message through the contact form on this site.