217 Mayfield Avenue, Waterloo, ON N2J 3S6
Waterloo
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 217 Mayfield Avenue, Waterloo, ON N2J 3S6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13487184
Listed by CENTURY 21 GREEN REALTY INC.
On market since Jun 25, 2026
217 Mayfield Avenue, Waterloo, ON N2J 3S6 is listed for $875,000 CAD.
217 Mayfield Avenue, Waterloo, ON N2J 3S6 has 6 bedrooms and 2 bathrooms.
217 Mayfield Avenue, Waterloo, ON N2J 3S6 is a Detached.
217 Mayfield Avenue, Waterloo, ON N2J 3S6 is in Waterloo, Ontario.
217 Mayfield Avenue, Waterloo, ON N2J 3S6 is currently for sale.
Contact Alex Morgan at +16471112222 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.
