217 Mayfield Avenue

- $875,000

Waterloo, N2J3S6
MLS ® X13487184

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. (id:38551)

Features

  • Irregular Lot Size
  • Sump Pump

Location

Details

217 Mayfield Avenue, , Waterloo

  • Land

    60.1 x 120.7 FT|under 1/2 acre

    60.1 x 120.7 FT
  • Bedrooms

    Above Grade: 3 Below Grade: 3

    6
  • Bathrooms
    2
  • Parking

    Detached Garage, Garage

    5

Rooms

217 Mayfield Avenue, , Waterloo

  • Bedroom 2

    basement

    3.2 m x 3.35 m
  • Office

    basement

    4.1 m x 3.35 m
  • Bathroom

    basement

    1.75 m x 1.4 m
  • Living Room

    basement

    4.3 m x 4 m
  • Kitchen

    basement

    4.3 m x 4 m
  • Primary Bedroom

    basement

    3.4 m x 3.35 m
  • Living Room

    main level

    6.05 m x 3.5 m
  • Dining Room

    main level

    6.05 m x 3.5 m
  • Kitchen

    main level

    5.1 m x 3.1 m
  • Primary Bedroom

    main level

    3.3 m x 3.97 m
  • Bedroom 2

    main level

    3.07 m x 2.9 m
  • Bedroom 3

    main level

    4 m x 2.9 m
  • Bathroom

    main level

    2.95 m x 1.5 m