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
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MLS# X13487184
Listed by CENTURY 21 GREEN REALTY INC.
On market since Jun 25, 2026
What comparable homes actually sold for in the last 12 months.
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 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.
